Construction Solutions with Constructive Solution in Panama City

Renovating your condo? Building your dream home in Boquete? Whatever your construction needs are, look to Constructive Solutions for help. This company speaks Spanish, German and English, and knows how to translate more than just language. They recognize the fact that the reasons we gringos flock to Panama are the same things that will drive us crazy when trying to complete a construction project.

Constructive Solutions started off when Dirk Schwalb, educated in England, undertook the project of restoring of Casa Testa in Panama City. Dirk managed the entire project from start to finish, with fantastic results. Constructive Solutions was born.

It can be difficult trying to get a project going when you don’t know the language, the code, Read more

Real Estate Investment Opportunities

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 Read more

Prime Properties in Casco Viejo

The bohemian-Spanish architecture, combined with its cobblestone streets dotted with sidewalk cafes and stylish bistros are what have drawn so many to Casco Viejo. With its beautiful courtyards and rich history, what better place is there to settle than in this growing subarb of Panama City.

Due to its close proximity, it makes a great place to base yourself out of if you plan on doing any business in Panama City, and at the same time is an excellent place to relax away from the hustle and bustle of the downtown area.

Interested? Check out these two properties for sale, or call Sloan Wilson directly at 415–786–7856. Make sure and Read more

Thoughts about investing in Panama by the Gringo

In recent years Panama has been growing in popularity among retirees, expats, and investors. In fact, International Living rates it as the No. 1 place to retire in the world, and not without good reason. Panama offers a higher quality of living at a lower cost and with less crime than typical Central American destinations although Panama City is rapidly getting to first world pricing.

The stable government is pushing the economy, and sees its future in the way of foreign investment. Tourism investments receive certain tax exemptions from import duties and residents pay no tax on foreign earned income. To encourage Read more

Panama Bay is beginning to be filled in for road expansion of Balboa Ave

The expansion of Avenue Balboa is underway with the proceeds of the canal expansion being used to fill in some of the low tide parts of Panama Bay.

The plan is to widen Avenue Balboa to relieve some of the crushing traffic flow and to install a beautiful public park.

Panama is definitely a country in expansion mode and although the government is struggling to keep up with the rapid growth, they are doing a decent job with planning and implementation of public works.  Every time I come back to the States from Panama, I have an even deeper respect for this wonderful central American country.

Here is a link to a map that fully describes the expansion.

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