The interest in reverted properties, especially in the Pacific, has increased due to the shortage of available land for building in downtown Panama City.
The interest for real estate in reverted areas has been increasing recently due to the shortage of available land in the downtown. Estimation show, that current year can bring in almost $80 million in the sale of land located in zone previously owned by the U.S. military and canal bases, according to La Prensa.
The plans to build new bridge over Canal have greatly influenced the interests for reverted areas in the Pacific.
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