Panama City, Panama (PRWEB) December 7, 2007

Panama Hot Real Estate, a property investment company based in Panama, announced that there is no basis for the speculations about a possible real estate bubble burst. Panama GDP growth meets expectations and continues to grow.

“Panama’s economy will have the best performance of any country in Latin America in 2007 and in 2008,” said Fidel Ponce, Director of Panama Hot Real Estate, commenting on statements from a Latin Business Chronicle analysis of new forecasts from the United Nations Economic Commission for Latin America and the Caribbean (ECLAC). “ECLAC predicts Panama’s GDP should grow by 8.5 percent this year and another 7.5 percent next year. Panama is outperforming all other countries in Latin America.”

Panama has awarded its first contracts for the $ 5.2 billion expansion of the Panama Canal that is expected to create many new jobs and bring additional investments, including in real estate. Panama has experienced a rise in property values because of increasing popularity as a retirement destination. Panama maintains this position due to its political stability, stable banking laws, warm climate, one of the lowest crime rates in Latin America and relatively low cost of living.

Economic growth in Panama is supported by growth in the tourism sector. Panama Institute of Tourism predicts that by 2010 Panama will have more than 2 million tourists per year, surpassing Costa Rica.

“Panama is the fastest-growing tourism market in Latin America, measured by arrival growth, according to a Latin Business Chronicle analysis based on World Tourism Organisation data. Panama posted the strongest growth in tourist arrivals in 2006, over 20 percent,” commented Ponce.

About Panama Hot Real Estate

Panama Hot Real Estate provides exclusive property listings and real estate services in Panama. More info: http://www.panamahotrealestate.com

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Panama City, Panama (PRWEB) December 7, 2007

Panama Hot Real Estate, a property investment company based in Panama, announced that there is no basis for the speculations about a possible real estate bubble burst. Panama GDP growth meets expectations and continues to grow.

“Panama’s economy will have the best performance of any country in Latin America in 2007 and in 2008,” said Fidel Ponce, Director of Panama Hot Real Estate, commenting on statements from a Latin Business Chronicle analysis of new forecasts from the United Nations Economic Commission for Latin America and the Caribbean (ECLAC). “ECLAC predicts Panama’s GDP should grow by 8.5 percent this year and another 7.5 percent next year. Panama is outperforming all other countries in Latin America.”

Panama has awarded its first contracts for the $ 5.2 billion expansion of the Panama Canal that is expected to create many new jobs and bring additional investments, including in real estate. Panama has experienced a rise in property values because of increasing popularity as a retirement destination. Panama maintains this position due to its political stability, stable banking laws, warm climate, one of the lowest crime rates in Latin America and relatively low cost of living.

Economic growth in Panama is supported by growth in the tourism sector. Panama Institute of Tourism predicts that by 2010 Panama will have more than 2 million tourists per year, surpassing Costa Rica.

“Panama is the fastest-growing tourism market in Latin America, measured by arrival growth, according to a Latin Business Chronicle analysis based on World Tourism Organisation data. Panama posted the strongest growth in tourist arrivals in 2006, over 20 percent,” commented Ponce.

About Panama Hot Real Estate

Panama Hot Real Estate provides exclusive property listings and real estate services in Panama. More info: http://www.panamahotrealestate.com

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Panama City, Panama (PRWEB) May 23, 2007

Each day, thousands of visitors continuously prove that this is undoubtedly the strongest tool in Panama online property advertising. Realtors and property owners feel secure to post their ads and get results from this useful platform mainly because of its user friendly, dynamic, and Multilanguage interface.

For the past two years since the websites development, Swiss Panama Group have not only promoted it in multiple media services, the company have also increased its access, design and implemented useful online tools. The largest part of the investment was focused in the marketing campaign designed to strategically attract visitors from radio, television, newspapers, magazines, and local websites.

This can be view in the increasing statistics (over 250’000 visiters per month, over 4 million page views per month), which can be monitored online through “Guess Online”, visitors to each ads, or neutral ranking entities available to the general public.

Previously the online ads posting were free, but know for a still small investment, realtors can take advantage of this powerful sales tool, to promote the sale, rental, of either preconstruction o vacation properties.

Classifieds can be as specific as necessary since most listings for the thousands of apartments in Panama in preconstruction offer a variety of information. Its possible to describe separately the characteristics of each model.

The team at encuentra24.com, constantly feel the need to improve the portals services for real estate in Panama and Costa Rica, features and programming.

Recently they announced changes that made many of user pleased. The website is definitely faster, since the upload process was improves, Ajax technology was implement, the colors were brightened to red, the quantity and photo features were maxed. A currency and area converter was added to published listings, user can upload a promotional Youtube video, the listed skype username shows the online status of the encuentra24.com user. Three social media buttons were incorporated to share or resend the ads to Google, Yahoo of Digg for high references.Make sure to visit the Multilanguage navigation en English, German, and Spanish.

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panama-real-estate-poll

Panama, Rep of Panama. (PRWEB) August 27, 2009

Encuentra24.com Real Estate and Classifieds listings Portal announced yesterday the result of its most recent economic poll, this time about the property purchase, sales and rental market in Panama.

This poll was conducted by the marketing team of encuentra24.com who performed a phone interviewed to 50 professional real estate broker in Panama. The interviewed are actively dedicated real estate professionals in the Panama territory. Each had the opportunity to contribute their personal and commercial experiences in the subject of real estate.

Encuentra24.com informed that a complete copy of the poll would be posted in online soon Encuentra24.com/panama. Boris Metraux CEO of Encuentra24.com added that other results of this property trend poll is a valuable reflection of the economy and current real estate market. The insight on exactly were do top 5 real estate buyer’s originate, or sectors the experienced a drop in prices or what have been the repercussions of the economic crisis in Panama. The offer a market study in order to determine any future business decision.

1. The interviewed were asked they impression on current sales prices versus past sales prices in Panama. A 46 percent said prices have remained the same, 34 percent believed they have dropped ten percent, 14 percent believed that prices have dropped 20 percent and 6 percent believe they have dropped a 30 percent.

2. When inquired about the zone or area that has experienced a reduction in prices, 31 percent respond San Francisco, 23 percent responded the Avenida Balboa area, 21 percent responded el Dorado and 18 percent believe Costa del Este and 8 percent responded Punta Pacifica.

3. They were also asked, what type of property has experienced the highest decrease in rental and/or sales prices? 31 percent said apartments, and condos, 13 percent said homes, 2 percent said vacation houses, 2 percent said offices and commercial spaces.

4. On the banking subject, real estate broker were questioned if they believe to have support from national and international banks towards expatiate processing of mortgages and loans? Only 16 percent responded yes, 12 percent responded no, while 72 percent said that only some entities helped in the loan subject.

5. As to what was the nationality of buyers interested in Panama real estate? 39 percent said Panama, 35 percent said Venezuela, 20 percent said the U.S. and only 6 percent side from Europe.

6. In order to determine if property owners were ready to make a correction in prices according to the market demands? A 45 percent selected maybe, 17 percent selected no and 38 percent selected yes.

7. As to the purpose for buying a property, 52 percent real estate brokers agreed that purchases were for invested, 29 percent agreed they purchased as a permanent property and 19 percent agree as a temporary property.

8. On the rental subject, everyone was asked about inventory vs demand. To this 39 percent said their were more property than demand.

9. Towards determining the type of property with the most demand, a 55 percent of real estate brokers agreed that apartments, 19 percent agreed that houses, while 12 percent said vacation property and another 3 percent said office space.

10. Their opinion in sensing if the global economical crisis of 2009 was already showing negative effects in Panama, 66 percent responded barely, 22 percent said yes, and 12 percent said no.

Conclusion:

The encuentra24.com Marketing team concluded informing the website has experience a surge in properties for sale, on foreclosure, while the type of property mostly posted online by publishes including real estate broker and owners are were properties with elevated prices. This poll was made to also increase the listings according to popular demand. Encuentra24.com® has reached over one-million monthly visits and over 30,000 properties listed.

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Panama City, Panama (PRWEB) May 8, 2008

Retirement used to be a concept characterized by lazy afternoons in a rocking chair and the delicate planting of lilies and daffodils in the front yard. It was, for many of yester-year, an end-all-be-all: the closing reward. The face of arthritis commercials on TV. But in the latest Panama Real Estate Report, retirement to Panama is redefined.

“It’s an outdated concept from the early Industrial Revolution,” claims retirement naysayer Tony Rush. It goes back to when “employers told laborers, ‘Hey, if you’ll work for me for 40 hours a week for 40 years…then you can quit and get a gold watch and a pension.” It didn’t work then, and it doesn’t work now.

Today’s perception of retirement seems to be a vast gulf adrift from the traditional sense of the word, with more and more middle-aged individuals not only “retiring” earlier but also using their so-called retirement as a platform to start dream businesses, recoil to paradise destinations, and dedicate to passionate pastimes. Panama, outside the walls of its commerce and banking fortress, is emerging as the ultimate spot for today’s new-age retirees to come down and start again.

And no one even said age had to play a factor. Foreigners “retiring” to Panama are getting younger and younger, drawn like gold rushers, to the Republic’s strong infrastructure, great climate, and stunningly untapped natural resources. To these trend-setters, investing in Panama a lifestyle change more than anything else.

Following a study by Natwest and the Centre for Future Studies of the UK, “87 percent of residents find life overseas to be better than they had anticipated, 68 per cent consider themselves healthier and 81 percent report a greater sense of wellbeing.”

Landing dream jobs and turning knowledge or passion into ideal work is a less-publicized yet extremely attractive selling point of Panama as well, mostly to new-age retirees who tend to value quality of life and self-fulfilment above anything else. The market voids, from food to travel to non-profit organizations, according to experts are simply desperate for the filling.

According to Matt Landau, quoted in NuWire Investor and the author of The Panama Real Estate Report (http://www.thepanamareport.com/real-estate-report/panama-real-estate-report-439.html), “The real draw to Panama is not its cheap beachfront condos or City nightlife.” Landau reveals in his $ 99 report how business opportunities of all sizes and shapes for foreigners are ubiquitous. “It’s a deeper, more emotional sense of fulfillment than just investing–in spending one’s days doing what they love — that’s really at the heart, no pun intended, of relocating to Panama.”

While some might consider relocating to Panama to be a detour rather than a new path, other experts claim that same detour just might be the new path.

Whether it’s founding their own yoga studio, starting a pool cleaning service, or opening a small bed and breakfast, industry experts like Joel Garfinkle say the main catalyst is deciding and focusing on how to go after what one finds fulfilling in their life. Career changes seem to be to simple and too limiting, whereas the process of moving to Panama is the ultimate stepping stone mechanism for the future. For many, Panama is the perfect canvas on which to paint a new sense fulfillment.

Panama is a nation that plays to both the strengths and weaknesses of new-age retirees looking to start anew. It’s a comfortable tropical destination, full of culture, wildlife, and development, where retiring to one’s dream lifestyle is very much up for interpretation.

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panama-real-estate-map

Panama City, Panama (PRWEB) May 14, 2008

The increase of more than 600,000 monthly visitors searching for Panama real estate in encuentra24.com, demanded a serious listings, for serious buyers.

The flagging system is conveniently located under the image panel of each posted listing, giving each consumer and visitor the power to immediately report spam, illegal ads, multiple-repeated ads, wrong placements, sold or rented listings, or other unauthorized data. The reports will alert the editors of encuentra24.com who will take immediate action towards investigating the flagged post.

“We try to keep our classifieds and Real Estate Listings organized, we want to guarantee a productive consumer experience, yet every now and then one ad slips under the radar. Visitors are not only able to comment on ads, now they can easily let us know directly about serious problems related purchases.” commented Boris Metraux co-founder of encuentra24.com and CEO of the company Swiss Panama Group, Corp. originally from Switzerland. “We are not realtors in this booming market, we own a neutral platform for buyers and seller to meet each other, following an ideal market overview”

“Websites like encuentra24.com help balance the asking price for rentals, investment opportunities, and local sales in general. A landlord can study the average market rental value of a home before setting his asking price.” added Mr. Metraux.

The website currently running 7,000,000 pageviews on 3 servers, will soon have to welcome a forth server to manage the 10% steady monthly increase in visitors shopping for real estate bargains. “Most of Panama’s real estate agents, realtor companies and homeowners thrust us each day. That confidence gives us the responsibility to protect and insure the combined database of more than 10,000 property listings stored in our servers” commented Wendy Jordan, co-founder of encuentra24.com and chief operations officer of the corporation.

In the present mortgage crisis affecting the USA, Panama seams to have no negative impact. In fact, investment in Panama has not decrease at all, homes and apartements for-rent and for-sale are moving quickly, speculation has made rental prices increase.

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This unique beachfront property sits overtop the pristine sandy beach of Playa El Toro

, Panama (PRWEB) January 12, 2009

Pedasí Dekel Panama S.A. is pleased to announce the availability of a unique beachfront real estate investment property in Pedasí, Panama, the country’s most vibrant upcoming region.

A total of 40 hectares (99 acres) of land are now on offer just minutes outside the charming town of Pedasí, situated on the edge of Playa Toro, with sweeping views of the Pacific Ocean and Isla Iguana.

The parcel includes some 500 meters (1650 feet) of waterfront overlooking the sandy beach. The gently sloping terrain maximizes ocean views while offering ideal building platforms across 90% of the property. The lot is also fully equipped with road access, water and electricity, and all soil studies have been completed.

This piece of land is now available for sale in its entirety, or in lots of five, ten and 20 hectares. Starting at just $ 20 per square meter, this Panama investment opportunity is unparalleled for investors looking for high-quality beachfront property.

The parcel lays adjacent to the Andromeda Country Club, Pedasí’s first luxury vacation community, featuring gracious beachfront villas and condominiums complemented by extensive recreational facilities, green areas and modern amenities. It also lies just 500 meters from the Costa Pedasí gated community and Ranch Pedasí, and only 1.2 kilometers from the town of Pedasí itself.

This makes it perfectly suited to a diversity of development options, including hotel, resort, villas, condominiums, or other project suited to the thriving tourism and vacation development the area is now undergoing.

Panama real estate has been the subject of intense interest in recent years, thanks to strong incentives and few restrictions for foreign investors. Panama City has undergone enormous development, while outside the capital, areas like Boquete and Bocas del Toro have become favored sites for several vacation and residential communities.

Located at the tip of the Azuero Peninsula, the Pedasí area is also undergoing a boom in development. Known for its colourful traditions, rousing carnivals and long stretches of pristine, sandy beaches, the peninsula is attracting the attention of international investors and celebrities eager to take advantage of unspoilt tropical real estate.

Because Panama allows titled property right up to the waterfront, the few remaining beachfront parcels are being snapped up at a dizzying rate. The Pedasí area in particular offers some of the best sport-fishing in the country, world-class surfing breaks, rich biodiversity in national parks and conservation areas, and dozens of untouched beaches along its coasts.

Thanks to these factors and Panama’s strong and growing economy, favourable investment climate, stable government and modern infrastructure, investors will not want to miss out on this unprecedented opportunity.

About the Developers

Dekel Panama S.A. is one of Central America’s up and coming development groups, offering fresh vision and energy to the region’s hottest real estate investment and vacation properties.

With experience in the Middle East, the U.K., and Costa Rica, the group brings international experience in real estate development, business and finance to Panama’s burgeoning property development market.

Exceptional quality is the cornerstone of Dekel’s development philosophy. Using the latest technologies, finest materials and environmentally conscious designs, Dekel strives to create properties of the highest quality.

Combined with a keen flair for the newest property markets, and strong business integrity, Dekel Panama offers ground-level entry to Panama’s most exclusive vacation-home communities, ensuring client and shareholder satisfaction alike.

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This unique beachfront property sits overtop the pristine sandy beach of Playa El Toro

, Panama (PRWEB) January 12, 2009

Pedasí Dekel Panama S.A. is pleased to announce the availability of a unique beachfront real estate investment property in Pedasí, Panama, the country’s most vibrant upcoming region.

A total of 40 hectares (99 acres) of land are now on offer just minutes outside the charming town of Pedasí, situated on the edge of Playa Toro, with sweeping views of the Pacific Ocean and Isla Iguana.

The parcel includes some 500 meters (1650 feet) of waterfront overlooking the sandy beach. The gently sloping terrain maximizes ocean views while offering ideal building platforms across 90% of the property. The lot is also fully equipped with road access, water and electricity, and all soil studies have been completed.

This piece of land is now available for sale in its entirety, or in lots of five, ten and 20 hectares. Starting at just $ 20 per square meter, this Panama investment opportunity is unparalleled for investors looking for high-quality beachfront property.

The parcel lays adjacent to the Andromeda Country Club, Pedasí’s first luxury vacation community, featuring gracious beachfront villas and condominiums complemented by extensive recreational facilities, green areas and modern amenities. It also lies just 500 meters from the Costa Pedasí gated community and Ranch Pedasí, and only 1.2 kilometers from the town of Pedasí itself.

This makes it perfectly suited to a diversity of development options, including hotel, resort, villas, condominiums, or other project suited to the thriving tourism and vacation development the area is now undergoing.

Panama real estate has been the subject of intense interest in recent years, thanks to strong incentives and few restrictions for foreign investors. Panama City has undergone enormous development, while outside the capital, areas like Boquete and Bocas del Toro have become favored sites for several vacation and residential communities.

Located at the tip of the Azuero Peninsula, the Pedasí area is also undergoing a boom in development. Known for its colourful traditions, rousing carnivals and long stretches of pristine, sandy beaches, the peninsula is attracting the attention of international investors and celebrities eager to take advantage of unspoilt tropical real estate.

Because Panama allows titled property right up to the waterfront, the few remaining beachfront parcels are being snapped up at a dizzying rate. The Pedasí area in particular offers some of the best sport-fishing in the country, world-class surfing breaks, rich biodiversity in national parks and conservation areas, and dozens of untouched beaches along its coasts.

Thanks to these factors and Panama’s strong and growing economy, favourable investment climate, stable government and modern infrastructure, investors will not want to miss out on this unprecedented opportunity.

About the Developers

Dekel Panama S.A. is one of Central America’s up and coming development groups, offering fresh vision and energy to the region’s hottest real estate investment and vacation properties.

With experience in the Middle East, the U.K., and Costa Rica, the group brings international experience in real estate development, business and finance to Panama’s burgeoning property development market.

Exceptional quality is the cornerstone of Dekel’s development philosophy. Using the latest technologies, finest materials and environmentally conscious designs, Dekel strives to create properties of the highest quality.

Combined with a keen flair for the newest property markets, and strong business integrity, Dekel Panama offers ground-level entry to Panama’s most exclusive vacation-home communities, ensuring client and shareholder satisfaction alike.

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Panama City, Panama (PRWEB) June 27, 2007

Castillero & Castillero a law firm based in Chitre, Azuero recently disclosed a partnership with Ocean Legacy S.A. to conduct legal due diligence investigations for coastal land investment acquisitions on the Azuero Peninsula. Castillero & Castillero has 12 years experience operating in the Azuero Peninsula and instrumental in some of the largest developments of Panama’s famed Pedasi coastline.

“Stability in the purchase process is critical in the development of Panama’s coastline. In particular the titling process of beach front property,” says Attorney Alejandro Castillero (who also holds a Masters degree in International Banking and Financial Law from Boston University). He adds, “We research properties everyday that are purchased as derecho possesorio (possesionary rights) and then must go through the titling process. We don’t sugarcoat representations made to clients, the process is slow and tedious but the rewards far outweigh the bureaucratic process.”

Munroe and Chew (www.munroeandchew.com) a law firm developing a niche with investment bankers investing in Panama real estate has addressed the titling process in Pedasi, Panama. Earl Munroe, Senior Partner says “What we do is bridge the cultural gap between our clients and reputable companies in Latin America. Our success comes from introducing clients to people in Latin America that have a visible track record in their industry and have an unblemished reputation. If we do not see a clear path between our client’s objective and our resources, to be able to obtain results, we do not proceed any further. In our experience with Ocean Legacy, their company has excelled in achieving our clients goals with meticulous attention to detail and unmatched knowledge of the real estate titling process in Panama.”

Ocean Legacy S.A. ( www.panamavacationrealestate.com ) is a real estate company dedicated to the growth of Panama’s Azuero Peninsula. “We hope this strategic alliance and partnership helps us to establish realistic expectations with the titling process and furthermore avoid any pitfalls or misperception with regards to the coastal real estate acquisition process”, says Jose Goldner, Principle of Ocean Legacy. Alejandro Castillero adds “There are very serious misunderstandings in regards to derecho possesorio (possesionary rights), among them is the concern about expropriation. We have never seen anyone get expropriated from a thoroughly researched oceanfront property.” Castillero goes on to say”Panama has a well established democracy, a flourishing economy and investments in Panama have never been more secure.”

Brian Piantadosi

Ocean Legacy General Manager

www.PanamaVacationRealEstate.com

www.PedasiFishing.com

www.PanamaFishing.net

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Panama City, Panama (PRWEB) April 20, 2007

New World Real Estate recently announced a promotion offering vacationers up to $ 1,000 in refunds on trips booked through its parent-company Panama Luxury Vacations (PLV) if they choose to purchase real estate in Panama. This marks the latest in a series of initiatives designed to blur the line between tourism and real estate investing, a trend that owner Casey Halloran believes is catching on around the globe.

Trends show that more and more U.S. real estate investors and retirees are moving a portion of their portfolios overseas. Most of them come to know their overseas investment locale of choice as tourists. As more PLV clients began to express an interest in purchasing property in Panama, the creation of New World Real Estate became the obvious next step to capitalize on that trend, Halloran said. While the two companies operate separately, they do collaborate for those clients who choose to mix business with pleasure.

“I came up with the idea when I figured out Four Seasons is a real estate company,” Halloran said. “First they win the hearts, then the minds of their clients.”

“The difference,” he said, “is that Four Season finds its plot of paradise and then walls out the surroundings. We hope to do just the opposite and incorporate the exterior.”

The company focuses on selling the lifestyle, climate, history, culture, or Panama as a whole, rather than one specific chunk of land. “We’re looking for clients who get it,” Halloran said. They offer real estate tours, which take an average of one day of the entire vacation, to educate their clients about the realities of property ownership in the country.

Clients are offered a driver and a guide, versed not just in Panama real estate trends and particularities, but also in the history, culture and geography of the country. “Once again, we try to blend the seams,” Halloran said.

For many, the idea of a marriage between tourism and real estate stirs up images of high pressure timeshare pitches, but Halloran said he believes that the two can be combined tastefully.

“Clients who come on vacation with us receive an honest and thorough introduction to Panama,” he said. “Through informative tours on living, investing and retirement they get a real feel for the country. If after this ‘warts and all’ experience they still fall in love with the country, there is a good chance they will be happy as investors here. Even if they do not decide to invest here, we make sure they have a great time and lasting memories.”

So far, three New World Real Estate clients have received the promotional rebate, or specifically, a refund for the cost of the real estate tour, and five percent of the company’s commission up to $ 1,000.

About New World Real Estate – New World Real Estate began as a travel agency founded in 2003 by partners Jim Procter and Casey Halloran. These two “gringo” expats had a combined 40 years experience in Costa Rica before joining to expand Halloran’s travel agency to Panama. They formed a real estate division in 2005 as a complementary service and have since opened three offices throughout Panama. The company is committed to providing clients objective, honest and timely real estate advice.

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