Panama Real Estate Blog

Amount of new hotels insufficient The number of new hotels in Panama, opened in 2008, amounted to 25 – accounting for a $25,5 million investment which provided an additional 561 rooms containing 935 beds. These projects have also generated a total of 309 jobs. According to Carl-Frederik Nordstrom from the Tourism Authority of Panama (ATP), [...]

Carnival season is just around the corner for Panama, and this is when the people and the regions truly come alive with festivities that rival any great carnival place in the world. Panama respects the Carnival tradition and provide all out efforts when carnival time arrives, which can be experienced and seen in the Azuero [...]

The doomsayers are always predicting the worst and waiting for the worst to happen, lets look at the facts about Panama’s tourism that have been highlighted in the media lately. The period of Januray through September have seen 1,1 million tourists coming to Panama, which represents an over 13% increase on the same period last [...]

Along with most tourism destinations on an international basis, Panama has committed to a sustainable tourism program. Their plan entitled Plan Maestro de Turismo Sostenible 2007 – 2020, takes a realistic and developmental view of truly establishing a sustainable route forward for the tourism industry in Panama. The overall project goal includes: The promotion of [...]

Panama also has more than 1,600 islands, including the Amerindian-inhabited San Blas Islands in the Caribbean Sea; the Archipelago de las Perlas in the Gulf of Panama and largest island, which serves as a penal colony, Coiba in the Gulf of Chiriqui. Coiba – which served as a penal colony, until 2004, is located as [...]

Since the days of the Spanish explorers, the Isthmus of Panama was recognized as a strategic trade route. It was only in the late 19th century that the first operations began to connect the Pacific and Atlantic Oceans. In 1881, the construction began under concession of the Colombian government, by a privately owned French company [...]

Europeans are always on the search for something new and contemptible to bring back to their home.  Recently, they have discovered Panama real estate and are setting their sights on it.  This is nothing new – Spaniards wanted Panama for its gold and the French for the canal – Europeans are just one of the [...]