2024 Panama Election: Real Estate Impact
Panama Equity Real Estate Blog
by Panama Equity
3d ago
The May 2024 Panama elections are officially a wrap. As a real estate professional in Panama, I’m cautiously optimistic about the new administration, though still somewhat shocked. Here are my top takeaways from the 2024 Panama presidential election and predictions on the new government’s impact on the real estate industry. Image Via Youtube.com 2024 Panama Election Results, Explained Image Via Statista.com The new president of Panama is Jose Raul Mulino who was originally going to be (former president) Ricardo Martinelli’s running mate. Ricardo Martinelli as our readers will remember was Pana ..read more
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Finding Comps on Real Estate Pricing in Panama
Panama Equity Real Estate Blog
by Panama Equity
3w ago
If you are doing research on real estate prices in Panama, you are in for what may be a wild and convoluted process. Why? Because there’s no one definitive source on all closed transactions and properties for sale in Panama such as Zillow. Yes, we have an MLS. And it’s great. You can find closed sales, properties for sale, and a useful range of Panama real estate statistics like days on market and average pricing. However, the MLS in Panama currently represents less than 10% of the properties for sale at any one time, making it a useful but not comprehensive tool. So whether you are looking t ..read more
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Beach Market Update with Catherine and Kent
Panama Equity Real Estate Blog
by Panama Equity
3w ago
Hey there! Ready to dive into the beach real estate scene? In this blog, we’re breaking down Catherine and Kent’s May 2024 Beach Market Update. We’ll chat about what’s hot, what’s not, and how you can make the most of it all. And if you want the full scoop from Catherine and Kent,you can check out the video right here! Let’s kick things off by taking a closer look at the pulse of the market. Catherine and Kent offer insights into clients’ origins, with top interest from countries like Canada, the USA, and Germany. Additionally, occasional interest arises from places such as Chile, Austria, and ..read more
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The Surfers Always Come First: Playa Caracol, Panama
Panama Equity Real Estate Blog
by Panama Equity
3w ago
Much like Playa Venao in Panama or other famous surf towns around the world, it was the surfers who first discovered the allure of Playa Caracol. Drawn by its challenging waves and pristine setting, all kinds of surfers have long favored this destination and were the first to come. The beaches around Playa Caracol in Chame are also renowned for being one of the best kitesurfing spots in the region due to consistent, strong winds. From December to April, during the dry season, winds range from 15-30 knots, creating fantastic kite surfing conditions, particularly in the early morning and late ev ..read more
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5 Reasons Why Americans are Leaving the Country to Live in Panama
Panama Equity Real Estate Blog
by Panama Equity
2M ago
As the world gets smaller thanks to globalization, more and more Americans are packing up and heading to Panama. In fact, here at Panama Equity, we’ve seen real estate related inquiries from US-based clients double over the last 12 months. Some site the upcoming US elections, others mention the contentious “cancel culture” that’s taken over, and some are simply just ready for the adventure that is living in another country. The motives are different for everyone but resoundingly we see the reasons below come up year after year. #1 Cost of Living Panama’s cheap. Granted, not nearly as cheap as ..read more
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Panama Real Estate Market Report April 2024
Panama Equity Real Estate Blog
by Panama Equity
2M ago
As I predicted in our 2024 Panama real estate market forecast in January, it’s been a pretty turbulent start to the year here for the property market in Panama. Prices have gone sideways and in some cases we are seeing some very motivated sellers, especially in the city and beach markets.  And while buyers for Panama real estate came down in a big way during the first 3 months of 2024, it wasn’t enough to drive any price appreciation. Below is a summary, including statistics, of the Panama real estate market for the period running January 1st, 2024 – April 1st, 2024. What We Are Seeing Wi ..read more
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Our Top Day Trips For Panama City, Panama in 2024
Panama Equity Real Estate Blog
by Panama Equity
2M ago
Working in the Panama real estate business has given us a unique perspective on everything this amazing country has to offer. This month, we’re excited to share “Our Top Day Trips From Panama City, Panama in 2024.” Our team has highlighted their personal picks, ranging from popular spots within the city to hidden gems in the country’s interior. This guide aims to be your trusted companion for exploring the best day trips around Panama City, Panama. With a heartfelt dedication to showcasing the beauty of Panama, we hope this post inspires your next Panama day trip in 2024! #1 Sora, Altos del ..read more
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Why Panama is the New Hotspot for Female Entrepreneurs!
Panama Equity Real Estate Blog
by Panama Equity
3M ago
Image Via Empresas Bern In recent years, Panama has become a hotspot for female entrepreneurs, attracting ambitious women from around the world. With its strategic geographical position, robust infrastructure, and progressive policies advocating gender parity, Panama has become a focal point for female entrepreneurs in various industries.This environment supports creativity and innovation, empowering women to succeed and challenge traditional business norms. As momentum continues to surge, Panama stands poised to unlock the full potential of female-led enterprises, propelling economic advancem ..read more
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Top 10 Panama Restaurants in 2024
Panama Equity Real Estate Blog
by Panama Equity
4M ago
As real estate agents, we’ve seen restaurants in Panama come and go. And while Panama City’s dining scene has some wonderful tried-and-true classics, we wanted to make sure you had a chance to try out what we think are the hottest restaurants for 2024 before they either raise prices or…. Embark on a culinary adventure as we unveil the gastronomic delights of the year with our carefully curated list of the Top 10 Restaurants To Try in 2024. So get ready to treat your taste buds to a delightful journey through Panama City‘s dining scene and explore the hottest new restaurants for 2024!  Whe ..read more
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2024 Panama Real Estate Market Forecast
Panama Equity Real Estate Blog
by Panama Equity
5M ago
What follows in this 2024 Panama real estate market forecast are the trends and issues my real estate agents and I are watching. Some of the trends we are following will conclude this year (presidential elections in both the US and Panama). Others will most likely not play out for another 5 years or more (what is to be seen of Panama’s nascent convention center business, how the mining stoppage will affect us, etc). But all of the trends are likely to influence Panama’s real estate market for better or worse. The Top 5 Panama real estate trends we are following in 2024 are: 1. The Economy 2. T ..read more
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