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1/ Capital: Panama City
Is the capital and largest city of the Republic of Panama. It has a population of 708,738, with a total metro population of 1,063,000, and it is located at the Pacific entrance of the Panama Canal. Get more information on property for sale in Panama City.
2/ Country: Panama
Is the southernmost country of Central America. Situated on an isthmus, some categorize it as a transcontinental nation connecting the north and south part of America. It is bordered by Costa Rica to the north-west, Colombia to the south-east, the Caribbean Sea to the north and the Pacific Ocean to the south.
3/ Property for sale in Panama
Panama is a strategically important, stunning, tropical Central American country growing increasingly popular with real estate investors particularly from Northern America and Western Europe.
International property investors are attracted to the favorable Panamanian taxation regime, the wealth of opportunity in the real estate sector offered country wide as well as the long term property sector growth potential which is based on some very solid and positive foundations.
Panama is traditionally known as the crossroads of the world. The international community is being encouraged to visit and own a property for sale in this special country as never before.
Here are just some of the benefits of owning a property for sale in Panama:
For the investor, property prices are expected to double or even treble in the next 3 to 5 years.
· The economy is booming yet prices are so low! The cost of living is about 75% cheaper than the U.K. and about 50% cheaper than the U.S. - some say as low as 10%.
· The beaches are long, sandy and numerous with surf on the Pacific coast.
· Health care is of a standard that competes with anywhere on earth (you're never more than 30 minutes from a major hospital-usually only 10 minutes).
· Education is of a high standard with international and private schools available at a fraction of the costs in U.K. and U.S.A.
· Panamanians are friendly, helpful and hard-working people, proud of their country.
· The crime rate is extremely low.
· Communication is on a par and often in advance of many parts of the world.
· The Panamanian Banking and offshore facilities are well known.
· The government is stable and very anti-corruption.
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