News, Information, Articles and Reviews for Panama, Real Estate and Travel
Posted in News in Panama on Oct 5th, 2008
The sanitation project to clean Bahía de Panama is 21% complete. This is probably the most needed project in Panama. Most of the city’s sewage is dumped into the water in the area which makes a stench that is repugnant and dangerous for the public’s health.
The project, which started in September 2006, incorporates the construction [...]
Posted in News in Panama on Oct 2nd, 2008
Marriott International in Panama will reintroduce its stylish and upscale Renaissance hotel brand come 2011 under a new management agreement with the Hotel Properties of Panama. In addition, Marriott is planning an expansion to the existing properties and add two more additional hotels, more or less tripling its luxurious presence in this beautiful country. What [...]
Posted in History of Panama, News in Panama on Sep 30th, 2008
The Panama’s efforts to recover territories occupied by the United States military took many sacrifices and also a huge time. In the end, the properties were slowly guided over to Panamanian control after the Torrijos-Carter Treaty was signed.
After the US military has left the land, country’s collective assets increased. Panama actually gained over $10 billion [...]
Posted in Panama real estate on Sep 25th, 2008
Big World Villas is a luxury ocean front development in Santa Catalina, Veraguas, Republic of Panama. Located on the Pacific Coast of Panama, this area is regarded as having some of the best diving, surfing and fishing in the world. It is the first such development in the area and offers investors a laid back [...]
Posted in Panama real estate on Sep 25th, 2008
Panama is located strategically with respect to world commerce, in the middle of North and South America. The country has a pleasant tropical climate where the average temperature ranges between 22 to 27 degrees centigrade through out the year and has only two seasons - dry season and rainy season.
The presence of the Panama [...]
Posted in News in Panama on Sep 25th, 2008
The general financial downturn in the U.S. made a serious impact in the Miami real estate business. This may not seem to be fact since you will find newer condominiums and luxury villas are still in their construction phase all along the coast of Florida and specially its financial hub – Miami. The real picture [...]
Posted in Information on Sep 25th, 2008
Panama City is one of the world’s least expensive first-world cities. It is also among the most modern and prosperous cities in Latin America with over 3 million people. The city’s array of tall skyscrapers is reminiscent of Miami. It boasts incredible shopping where almost any product from the U.S. may be easily found. During [...]
Posted in History of Panama, Places in Panama, panama city on Sep 25th, 2008
Casco Antiguo is the old town or Casco Viejo of Panama City. After the original Panama City (Panama Viejo) was destroyed by the pirate Henry Morgan in 1673 the town was relocated. This was the most affluent part of the city for almost 300 years.
Many believe that the area was deserted once the automobile was [...]
Posted in Information on Sep 25th, 2008
Chances are you have never bought Panama real estate before and have many questions regarding the process and legalities. The following text will help to understand the details in practical terms. As in most countries, the purchase usually takes place in easy stages:
The first step is to find a Panama Real Estate you like, and [...]
Posted in Information on Sep 25th, 2008
Your KIG agent will walk you through all paperwork involved in your purchase of Panama Real Estate. In order to obtain financing, all financial institutions require specific information about you and your financial background in order to determine answers to the following questions :
WHO ARE YOU?
Two proofs of identification certified at Panamanian Consulate or at [...]
