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Tag: panama

Viewing 1 - 5 out of 16 Blogs.
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Panama: Boom or Bust?
Posted On 11/11/2008 11:35:34 by PanaSpace

While most of the world faces downward-sliding real estate markets and a global credit crunch, it is easy to assume that Panama's real estate market will follow. On the other hand, perhaps a speculative real estate boom has coincided with a variety of real geopolitical events that enhance the intrinsic value of Panama's real estate market in the wake of new trends related to globalization.

Boom potential

Panama has been posed to grow exponentially in terms of tourism and real es... Read More



Panama Real Estate Warning
Posted On 10/30/2008 11:16:54 by PanaSpace

Great article on panama real estate agents. Must read!

My name is Kent Davis and I have been selling real estate in panama for almost two years and quite frankly, business is good. Demand is high, supply is low, and good information about real estate in this country is very much absent from the market, which puts me as the real estate agent in a powerful position: in terms of selling real estate, all the stars appear to be aligned.

What follows is my take on what is going on i... Read More



Bank of Japan to Help Fund Panama Canal Expansion
Posted On 10/30/2008 09:53:52 by PanaSpace

The Japan Bank for International Co-operation, the state-owned overseas lender, has said it will sign a syndicated loan for the expansion of the panama Canal that will help Japan boost trade with the Americas.

Bloomberg News reports that JBIC, as the state bank is known, will offer US$400 million, and Mitsubishi UFJ Financial Group Inc and Sumitomo Mitsui Financial Group Inc will provide another US$400 million. The loan contract will be signed by year end.

The panama Canal Auth... Read More



Property in Panama
Posted On 10/26/2008 09:04:25 by PanaSpace

Mick Jagger, Donald Trump and Brad Pitt - not to mention 007 - have a soft spot for Panama, says Teresa Machan, so the rest of us may be surprised to find that its charms are remarkably affordable

As property specs go it isn't often there's the opportunity to park a yacht out front. "I thought I'd woken up in paradise," says Philippe James, recalling his first morning in Panama.

James, a 59-year-old proper... Read More



Panama's Medical Tourism Spike
Posted On 10/23/2008 14:27:06 by PanaSpace

So I'm eating at a touristy steak restaurant, the kind of place I wouldn't be caught dead in if it wasn't elected by my client as a meeting point, and the guy next to me is rambling on about his health or lack thereof. "You remember that kidney stone last year, Nancy?" he said while chewing on a t-bone. "That thing was so painful, must've been the size of a chesnut wouldn't ya say?"

While this stopped my dinner in its tracks, staring down at a pathetic pile of kidney beans on my plate,... Read More



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