A good real estate investment depends on how good is the revaluation of the property. Under this premise we are presenting the best areas to invest in real estate.
Despite the ups and downs of the global economy, Panama continues to grow above the expected rates of the region and the world. Furthermore, with all the tax benefits that the country presents for foreign investors, the real estate panorama presents itself as a great opportunity.
Here we summarize the areas with the best appraisal in Panama:
City
Santa María
Considered the most recent and most luxurious real estate development in the city. It has an area of 248 hectares that is home to modern condos and spectacular apartment buildings mixed with an 18-hole golf course designed by Nicklaus Design.
Only 10 minutes from the airport, this area has good access and is close by to commercial spots in the city. Additionally, it has multiple prestigious schools a short distance away.
Located next to Costa del Este (another high area that adds value), totally eco friendly, it has an area called Santa Maria Business District, where multiple multinational and important Panamanian businesses have headquarters and offices.
Obarrio
Known as the financial center of Panama, it is one of the most active commercial areas given the amount of banks, offices, closeness to malls, hotels, restaurants, etc.
This area is where you can appreciate the architectural history of the city.
Punta Paitilla & Punta Pacífica
This area has a high population density (skyrise buildings per square meter). It has residential neighborhoods with close access to malls and private hospitals. Additionally, it is relatively close to the Cinta Costera, the seafront walkway where Panamanians enjoy exercising outside.
San Francisco
Another traditional area in the city. During the last few years, the buildings began taking over the neighborhood, creating an interesting mix between houses, apartments, small and medium sized commercial plazas, boutiques, cafes, restaurants and beauty salons.
It is located next to the Parque Omar, a former golf course which was transformed into a public park and it is a well known area to work out or to spend a pleasant time with the family.
Costa del Este
One of the best real estate developments of the last decade, Costa del Este is a modern area with underground cabling, an independent water process and where schools, hotels, banks, commerce, supermarkets and malls co exist.
Costa del Este is the epicenter of multiple multinational companies and has direct access to the main roads that communicate it to the city. It is also minutes away from the airport.
Beach
Buenaventura
Nestled in the Panamanian “Pacific Riviera”, Buenaventura is the perfect place for those looking to lead a calm lifestyle, next to the ocean with all the commodities of a five star hotel.
At only 80 minutes from Panama City you can find the most exclusive beach community in the country. Located in the “Dry Arc” of the country (the area least likely to receive precipitation in the nation) the complex is made up of diverse real estate developments and a resort distributed along 7.383 yards of a golf course designed by Nicklaus Design.
Santa Mónica
Santa Mónica, a unique project that entails houses and apartments that will provide the person or family a better home. This great community will be surrounded by vast green areas within a safe environment, that looks to integrate the surroundings with sports, ecology and family living through its different amenities including commerce, services and much more.
This information was developed by Panama Living, a digital platform committed to collecting, researching, and disseminating all the necessary information to turn your interest in Panama into a pleasant and enriching experience.