« Shipping Merchandise to Panama | Home | American Home Accessories, INC »
Real Estate Investment Opportunities
By The Panama Gringo | August 15, 2008
If we’re being honest, the cost of housing in Panama is not what it used to be. As more people come to Panama to invest and retire the prices have been rising. Since business is booming, it is doubtful that prices will go down any time soon, but it is looking like the market is starting to level off.
Thankfully, despite this rise in the cost of housing prices in Panama are still way cheaper than what you will find in the 
States. The cost of rural properties can be extremely low, while costs in the city are obviously higher. The average cost across the board for a standard home or apartment is probably around $160,000 in the outer areas.
In Panama City an average price is about $2000 per square meter, your average apartment of 200 square meters or 2100 square feet is going to be about $400,000. In any case, the market is booming, and now is definitely the time to take a look at investing in Panama’s real estate. Contact Semusa Realty for more information.
Topics: Panama Business, Panama News, Relocation to Panama |