Panama Property News

Small (about the size of Scotland) but perfectly formed, Panama is continually ranked amongst the top five places in the world to retire to, largely thanks to its warm climate, postcard-worthy beaches and pensionado (retiree) program which is beyond generous.

Those thinking of investing in the Republic of Panama had two pieces of encouraging news recently. Influential international auditors, Deloitte Touche Tohmatus, published a report which predicted that the Panamanian economy will experience strong growth in 2008, the highest of all the Latin American countries.

Panama has been making the headlines recently. There is much furore as the Bush Administration applies pressure on Congress to approve free trade agreements with Panama, Peru, Columbia and South Korea.

Panama’s property investment market has just scored another point in its favour: the new tax exemption law, coupled with many other existing tax benefits, make Panama an increasingly popular real estate investment location.

Overseas property investment specialists David Stanley Redfern Ltd are currently offering 1 bedroom apartments from just £32,000 in one of Panama’s top property investment hot spots.

The Amador Causeway, located just outside of Panama City and once the home of a US Army base, has quickly become one of Panama's most desirable tourist areas.

Thanks to Law No. 9, you can enjoy a first-class lifestyle in a beautiful tropical haven while saving thousands of dollars per year on just about everything, including restaurants, hotels, entertainment, travel, and more.

Los Faros de Panama - “The Lighthouses of Panama” - is a truly unique residential project, due for completion in 2009. One of the tallest buildings in the whole of Latin America (and one of the tallest residential buildings in the world) – Los Faros de Panama consists of three iconic towers designed by the architects Chapman Taylor.