In 2005-08 real estate market in Panama was mostly occupied by buyers from USA, Canada, Venezuela and Spain. Most of the them were interested in the areas like Punta Pacifica, Balboa Avenue and Costa del Este. Most of properties were widely advertised by local and international publishing and mass media.
Today the access to the true offers of the market becomes more and more difficult to the foreigners who are looking for a good quality with an adequate price. Local population becomes increasingly interested in the high-end market as they get more involved in it with growing economy and incomes.
Many foreign clients mention that it becomes nearly impossible to find the property with good quality/ price combination as most of offers no longer reach international markets and being consumed by the local clients.
Despite of equal rights with foreigners, local clients have deeper understanding of the market and professional, well-informed agents, who they are ready to trust.
What concerns our company, for a little over than 10 years we were able to create reliable contacts in real estate market of Panama. We are in reach of local buyers and properties with best options offered only on the national level.
==============================================================
If you have any questions about real estate in Panama, please contact us.
