Is Panama The New America



Panama fun facts.
1 - Panama has NO hurricanes
2 - Panama has a thriving Metropolitan city in Panama City
3 - Panama has secure banking institutions
4 - Panama has a climate for everyone, city, beaches, mountains
5 - Panama uses the US Dollar as its currency
6 - Panama is a short flight from many major cities in the USA
7 - Panama has many English speaking folks, Spanish is the main language
8 - Panama welcomes foreigners to live and work.

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Saturday, November 19, 2011

Your Own Piece of Beachfront in Panama

Day 52 – Saturday (Sabado) – 19/11/2011 – Playa Coronado
 – I see The New York Times is taking an interest in real estate in Panama. In a recent article they reveal a luxury, four-bedroom house in the exclusive Buenaventura Resort on Panama's Pacific Coast for sale at $1.6 million.
"Surrounded by tropical landscaping, the property borders the beach, and also has a private multilevel pool with waterfalls, a hot tub, and a swim-up bar…" writes the author.
Sure sounds nice if you can afford it, but thankfully it's not your only option. Sometimes you don't need to spend more than $150,000 to live on the country's gorgeous Pacific Coast.

While there are plenty of luxury homes for sale along the water, you can find truly affordable (and very attractive) property if you're happy to live outside the resorts. One place to visit is in the  Chame district, which is just a 10-minute drive from Coronado beach. It boasts over 1,000 square feet in size and sits on a lot of nearly nine times that. And would you believe it comes furnished for $85,000?
and here is another, check out this video of this place - ONLY $79,990 in Gorgona. http://www.youtube.com/watch?v=OTA4qN6Z4y4&feature=feedu
For the full New York Times article on that luxury pad see here. If you're interested in affordable real estate in Panama, you'll find the best resources at Re/Max Beaches & City!, including videos and additional blogs, and property listing throughout this great country.

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