In 2013, homes priced over $120,000 accounted for 20% of all units, while in 2012 the figure was 12%.

The data was revealed by Elisa Suarez, Executive Director of the National Housing Developers Council (Convivienda).

The developers of these projects expect that by the end of 2013 they will have sold about 1,642 such homes, representing 20% ??of the market, up 8% from last year.

Panamaamerica.com.pa: reports “As part of the new supply, Casamar, an exclusive community built three years ago on the banks of the Rio Mar Beach, located in San Carlos, in Panama Oeste, on Tuesday 19th introduced two new residential projects, Perlamar and Villamar, consisting of apartments, duplexes and condominiums, with prices ranging between $190,000 and $450,000 … “.

The owners of these homes will have direct access to the sea, a restaurant, sports club, Town Center and Casamar’s Beach Club .

Source: Panamaamerica.com.pa