Panama should support the boutique hotel industry as most of the areas outside Panama City and the gold coast around Coronado are serviced by small to middle sized hotels. In most cases they must try to get by without those incentives and at an occupancy rate of under 40%, it is extremely difficult. This is […]
Here is another area that I get a lot of calls about. What kind of business and how hard is it to do in Panama. Well just like in the US, once you secure your real estate and get your permit to build out the space, it is relatively easy. Here in David and Panama […]
I am taking my wife Susie on a little trip to the Island of Boca Brave, located just across Boca Chica harbor. We travel to Cala Mia where a friend of ours operates a boutique resort. Soon he will be off to Turkey where he sails back on a nice big luxury motor-sailer that will […]
I have investigated the idea of using more of my IRA money to buy real estate here in Panama. Not only can I legally do this but, I can leverage my investment so long as I am not personally responsible for the loan and obtain what is known as a “non-recourse” loan. Personally, I will […]
Soon we will have a brand new terminal that will be four times bigger here in our International Airport in David. So far the $27 million airport expansion is progressing well and all the work will be finished next year. That will coincide with a $170 million roadway expansion program that includes our four lane […]
. This sounds like a great way to visit Cartagena Colombia. Drive over from Panama City to Colon and take an overnight cruise for $99 round trip! A private cabin is more but worth it compared to flying. A shipping vessel owned by Panamerican Seaways with capacity for 1,500 passengers and 500 cars, will begin […]
The Visitante recently posted an article on an upcoming event where the Boquete Baru EcoFest 2012 has already signed up 500 people to ascend Panama’s tallest mountain at once. Participants will enjoy a two-day hiking excursion and camp overnight at the top of Volcán Barú, the highest point in Panama, on Saturday, April 21 to […]
We have found a number of wonderful properties here in Boquete that we can recommend if you are thinking of investing and or moving here. We have lots from $55,000 to estates of 24 plus acres as well as a select number of custom built homes, most built within the last 3 years that still […]
With an estimated 22,000 room inventory about to happen here in Panama City, the private sector has successfully lobbied the government for more incentives. This is the beginning of more to follow as the operators struggle to compete for a finite amount of tourists and businessmen visiting Panama. That said, this inventory and the new […]
Well the summer is ending here in Panama and we had our first rains this week as the Inter Tropical Convergence Zone (ITCZ) starts it’s march northward. While the mountains have been alive with flowering bushes and trees of all colors and shapes, our pastures are dry and brown. Rain will quickly change the landscape. […]