Panama Real Estate - Why Is Everyone Talking About It?

Whether you’re a seasoned property investor looking to add a little sparkle to an existing global portfolio or a first-time investor searching for that elusive “win-win” opportunity, it's important to assess opportunities based upon a risk/reward philosophy. Basically, you need an area and development that is going to rise in value but that doesn't carry too much risk - for example, consider avoiding first time developers, do cost per square foot (or meter) comparisons vs. rival developments etc.

With all that in mind, investors in the US and UK are now all talking about Central America, and particularly Panama City (Panama) as the next really hot real estate market.

I've spent a year investigating this, visiting the area, speaking to the appropriate organisations, meeting with developers, comparing developments etc. and I believe these investors are absolutely right to be considering the area. These are some of the reasons why:


The Panama government has been instrumental in kick-starting inward foreign direct investment into the real estate sector. This influx of investment generates its own momentum in terms of capital appreciation. The good news doesn’t end there, however; major infrastructure development is ahead, including: Better roads, creation of new economic zones with tax incentives and special high tech facilities designed to nurture a high-tech economy boom. Significantly, there’s also the widening of the Panama Canal (a stone’s throw from Panama City investment opportunities). A mammoth project, due to run for the next 10 years, spelling very positive news for sustained high rental yields and occupancy rates.

All of these plans illustrate that the Panamanian government are committed to a sustained programme of making their country more desirable, their people more wealthy and their economy more stable. These are all great indicators that the fledgling investment property sector in the country is being built upon solid and sustainable foundations.

Andrew Richardson, Managing Director of www.property4wealth.com and Expert Adviser for The Property Investor magazine and can be contacted via email at andrew.richardson@property4wealth.com
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