Luxury Homes on Panamanian Beaches


News from Panama

Demand for luxury properties in Panamanian coastal areas has grown and it is not unusual to end up paying up to $1,800 per square meter.  Folks, this is relatively cheap compared to other parts of the world.  I am working on a ocean front project here in Chiriqui where we will build smaller ocean view […]

September 12, 2012

Luxury Villa in Valle Escondido


News from Panama

FEATURED PROPERTY   LISTED EXCLUSIVELY WITH OUR FIRM This prestigious 5 bedroom home has 4 bathrooms and is well located in Valle Escondido with beautiful views down the valley. Consisting of approximately 4,000 square feet of space, this beautifully appointed home comes fully furnished with higher end furnishings, fixtures and appliances. The home welcomes you […]

September 9, 2012

Pedasi Real Estate Report


News from Panama

Pedasi is one of the most quaint fishing villages in the world.  Life slows down real quick as you come to town and it is the way life should be here. My friend Tedd Tennis reports from Pedasi that they have had a good year, albeit that the million dollar luxury home market is off […]

August 28, 2012

Panama: Law to Immobilize Bearer Shares


News from Panama

While not a true bearer share certificate, these were the first Panama Corporation stocks sold.  Bearer share certificates are common in Panama and is the way most property is owned allowing for a degree of anonymity.  That too may change and go the way of the Panama Canal Company. A law is being studied, which […]

August 28, 2012

Financial Transactions in Foreign Currencies


News from Panama

Post this under the category of “Forward Thinking” The government of Panama is investigating in conjunction with the banking sector and representatives of the European Union how to facilitate financial transactions with the Euro and other foreign currencies. A statement by the Presidency of Panama reads: Mechanisms Sought to facilitate financial transactions in foreign currencies […]

August 28, 2012

Four Bids for South Terminal at Tocumen


News from Panama

Big Plans for Tocumen International Airport and now the tender has been released.  Four bids were received representing an investment of $600 million. The Brazilian company Norberto Odebrecht, Costa Rica’s Meco, and Grupo Conalvías from Colombia, along with the China Harbour Engineering Company, were the four companies who submitted proposals for the required technical and […]

August 28, 2012

Panama Big Game Club’s New Navy


News from Panama

There are two ways to fish here in Panama.  Well maybe now there are a lot more like, comfort, speed, luxury and with all the toys available.  Panama Big Game Club has by far the best equipped fleet of vessels if you want to have it all.  I visited with the owner Mark Charman this […]

August 28, 2012

Panama navigates economy towards success


News from Panama

Don Winner published a great article in the Panama Guide written by HUGH O’SHAUGHNESSY about the greatness that lies ahead for Panama. Panama City – THE CENTRAL American republic of Panama will soon be unrecognizable, as many people have long forecast. But the changes in Panamanian life are coming about much more quickly than most […]

August 24, 2012

Panamanian coasts, in trouble


News from Panama

This post comes under the category “Balanced Reporting” OK, we all know that Panama City in all of its glory sits on the shore of Panama Bay, one of the most polluted coasts in the Americas.  What most people do not know is that all of our oceans are in dire straights due to man […]

August 22, 2012