Posts Tagged ‘Panama Real Estate’
Encuentra24.com Performed An Economic Poll About Panama’s Real Estate Market 2009
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 Real Estate Report Reveals Secrets For Retiring to Panama
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’s Real Estate Portal Encuentra24.com Has A New Fraud Alert System
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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