Or maybe you are some of those persons which have taken your choice already of shopping for a condo or even a beach house, however, you don't know how to start or wish to begin your own real-estate project in Panama, though need more information.
Well, I have prepared this informative article in a practical and real estate agent in oran park simple way in order to guide you inside our real-estate market. You may find this paper helpful, whether it'll be for the direct buying of home or to begin your own real-estate project in Panama or simply just to really have a more complete notion of the rising real-estate BOOM.
What is happening in the Panamanian Real Estate market?
What is going on in Panama is without any sort of precedent. Industry is growing rapidly and such real-estate development never been experienced before inside our country. Monthly, we're visited for hundreds of foreigners interested in buying real estates in Panama, in the City, the coasts and the mountains.
The constant rising of the worth per square meter is practically in a monthly rate. As an example: in January, 2006 it was possible to find apartments in Panama City for approximately US$ 1,000.00 per square meter, which is nearly impossible nowadays (US$ 1,200 - US$1,400 and rising).
It's generated the worth per square meter to triplicate in the city and even to quadruplicate in the rest of the country. The main real-estate broker associations have foreseen that the general value of the land in Panama could rise up to 30% to 40% within the next 36 months, for this reason price increasing flow.