Panama’s business is booming, and real estate in Panama is taking off, especially the commercial real estate in Panama. The Panama Canal is one of the obvious reasons why commercial real estate in Panama and businesses in Panama are booming for this Central American country.
Panama is really the land bridge that connects North and South America, with Columbia on one side and Costa Rica on the other. It’s the narrowest point in the Americas, with only fifty miles separating the Atlantic from the Pacific, which allows ships to pass from one ocean to the other through the Canal with ease. This is one of the reasons businesses began to flock to Panama originally.
Panama has the highest rate of foreign investment per capita compared to every Latin American country, and the degree of investment in real estate in Panama, along with high levels of employment and a free market make for a democratic county creates an ideal circumstance for investment in commercial real estate in Panama.
The real estate market in Panama is appreciating very steadily because of Panama’s simple residency requirements and the ability of foreigners to own real estate in Panama. Also, North Americans have made Panama the premier choice for retirement. Panama City’s skyline is filling with commercial high rise buildings, and investments are prospering with North Americans picking up real estate in Panama to enjoy the nice warm weather and good people.
What might be a little harder to notice is the middle lower section of real estate in Panama, especially the middle lower portion of commercial real estate in Panama. The section is booming as well, and for most people this is the area you should pay attention to. Commercial real estate in this area is very affordable and ready to burst. It’s really a great investment whether you want to use it for business or just an investment property.
With all the people moving into Panama, as well as the locals working at better jobs, means Panama is constant need for more places to buy groceries, more upscale malls, and generally more places to pass their money back into the economy. Therefore commercial real estate in Panama is booming and will continue to grow as this trend will inevitably continue throughout the years for real estate in Panama. An additional advantage to investing in commercial real estate in Panama is that there are no rent controls on commercial real estate in Panama. Come visit Panama to see what it has to offer, and consider an investment in commercial real estate in Panama.
To learn more about commercial real estate in Panama, or general real estate in Panama, you’ll find many more articles on the subject throughout the site.