About Colon Real Estate

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Colon Real Estate is quickly becoming a popular investment spot in Panama. There are some excellent bargains available in this region that people in the past have over looked.
Here are some of the reasons the Colon real estate market is a good place to look for your next investment.

Colon is a sea port city located in the Republic of Panama. It is found on the Caribbean Sea coastline at the entrance to the Panama Canal, and is the second largest city in Panama. Colon is home to three modern sea ports, making it one of the most important sea havens in the Caribbean Sea. It is also a recognized commercial centre, as well as a popular tourist destination, boasting beautiful beaches and snorkeling.

Colon was made a free trade zone in 1953 and presents exemptions from tax on all import and export goods. Colon is the second largest free trade zone in the world, with over 1750 companies established. They generate exports and re-exports to many countries all over the world, worth an estimated $11 billion each year. With many more people moving to the area each year, there will be many more people looking to buy into Colon real estate. Colon is located with direct access through to the Inter-American Highway, as well as having modern sea ports to aid in shipping containers from the Pacific Ocean to the Atlantic Ocean.

Colon's three modern sea ports have also contributed to making it a destination for cruise ships which has furthered the increase in tourism. The two new terminals, Colon 2000 and Terminal 6 have encountered arrivals of nearly 300,000 visitors this year. These terminals are both equipped to handle the large numbers of visitors, and to satisfy all demands of the disembarking tourists, this will have an positive impact on the Colon real estate market. There are bus terminals available to transport people to various destinations, as well as several different facilities in the stations. Visitors will find duty free shops, coffee shops, restaurants and cultural centers throughout the terminals. There are a range of activities available at the terminals, making the waiting times more comfortable for passengers.

Colon is a very popular tourist destination for many reasons. The sea port city is located only 50 miles from Panama City, and the commute takes approximately an hour by car. The Caribbean beaches of Panama are only a short distance from Colon, and boast fantastic coral reefs and white sand beaches. Many tourists visit to do some snorkeling or diving and see the rich biodiversity that the Caribbean reefs have to offer. Portobello National Park is located in close proximity to Colon, and is both an historical site, as well as a national park. There are a great range of activities available from Colon, making it such a popular choice for visitors every year. With their history dating back from the Spanish Colonial times, there are some fantastic old forts and architecture to be seen throughout the city.

Colon is a beautiful place that appeals to all kinds of different people. Many individuals visit solely for the free trade zone shops, which attracts people from all over the world every year. Others visit to see the beautiful landscape and beaches that Colon has to offer. Colon is within close proximity to many cities and is a modern and easy to place to travel to. The fantastic views and cruises through the channel is another wonderful reason that people decide to visit Colon every year.