{"id":21465,"date":"2017-11-07T13:58:57","date_gmt":"2017-11-07T18:58:57","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=21465"},"modified":"2017-11-07T13:58:57","modified_gmt":"2017-11-07T18:58:57","slug":"panama-169-million-deals-real-estate-fair","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/panama-169-million-deals-real-estate-fair\/","title":{"rendered":"Panama: $169 million in Deals at Real Estate Fair"},"content":{"rendered":"

\"\"<\/a><\/p>\n

In the Capac Expo fair, 1,824 homes were sold, and the highest number of approved banking transactions corresponded to residences with prices between $40,000 and $60,000.<\/p>\n

From a report by the Panamanian Chamber of Construction<\/a>:<\/p>\n

In the most representative trade fair event of the industry, held from September 13 to 17, a total of 1,824 housing<\/a> units were sold, according to data supplied by the 15 banks that offered their services during the activity.<\/p>\n

Alejandro Ferrer, president of the Commission of Fairs at the CAPAC, announced that of this result, 80% (1,443 homes) belong to the segment under the Preferential Interest Law, while the remaining 20% (381 homes) include those outside of this tax benefit (properties worth over $120 thousand).<\/p>\n

In terms of amounts of approved transactions, 59% ($53.1 million) corresponded to the range within in the Prime Interest Law, and of that figure 2% ($2.9 million) of the approved transactions were for social interest properties.<\/strong><\/p>\n

The range with the highest number of approvals during the CAPAC Expo Habitat 2017, in terms of units and amounts, was for homes worth between $40,000 and $60,000, representing 26% of approved money and 44% of housing units.<\/strong><\/p>\n

Read full release<\/a> (in Spanish).<\/p>\n\n

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    In the Capac Expo fair, 1,824 homes were sold, and the highest number of approved banking transactions corresponded<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[10,12,247,241,39,248,34,33,62,42,219,11,249,243,7,246,244,44],"class_list":["post-21465","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-bocas-del-toro","tag-boquete","tag-boquete-boca-chica-real-estate","tag-boquete-real-estate","tag-buenaventura","tag-casco","tag-casco-antiguo","tag-casco-viejo","tag-coffee-in-panama","tag-estate-homes-in-panama","tag-move-to-panama","tag-offshore-real-estate","tag-panama-offshore-real-estate","tag-panama-papers","tag-panama-real-estate","tag-relocate-to-panama","tag-rum-in-panama","tag-travel-to-panama"],"yoast_head":"\nPanama: $169 million in Deals at Real Estate Fair - 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