Charming Home Outside of Pedasi
Charming, Affordable 3BR House near Pedasi with BIG Yard This cozy home is a recently updated country home in the center of Pocri, a charming village in Los Santos, near the fast growing areas of Pedasi and Playa Venao, but without the high asking price! The home features an oversized master bedroom, a generous guest room and a 3rd room which could... [Read more of this review]
How The Great Recession Changed Panama Real Estate
The best way I can demonstrate how the Great Recession, the global massive economic decline from 2007-2008, effected Panama’s real estate market is by telling my personal story. June 2006, Discovering Panama. While chilling out in a hammock at a beachside cafe in Costa Del Sur, Nicaragua, I was flipping through a rare current issue of “The... [Read more of this review]
How To Build A $400 Home In Panama
All I Can Offer the Aspirantes is a Mud House Written by: Jacobo Por Jacobo (of the jungle) With every La Vaina issue that arrives on the doorsteps of aspirantes in training, I feel the need to share my vast knowledge of Panama. In past issues I’ve written articles on the fine art of using Panama City public transportation as well as getting... [Read more of this review]
Confessions from a Real Estate Agent in Panama: The Commission Stack.
Confessions from a Real Estate Agent in Panama: The Commission Stack. Real estate companies are commonly stacking commission in Panama. It is a bastardly practice that costs both motivated sellers and buyers too much. Here’s how the scam works. First, let me take a step back and explain contract reassignments. Contract reassignments are the... [Read more of this review]
Paranoia in Panama- Perception vs. Reality
Do you know what the truly dangerous thing about the internet is? Yeah, sure, sex predators, cyber-terrorism, and the general breakdown of our culture and community is bad. What is worse- the fact that anyone, without any kind of qualification or knowledge, can write and distribute whatever they want on their own or someone else’s website or blog. It... [Read more of this review]
An Open Letter to Panama’s Real Estate Market
July 2009 Dear Panama Real Estate Owners, This is something that needs to be said. It may have been summarized a number of times, and the information is out there, scattered among dozens of websites, several blogs, and collected in the minds of many of us in the Panamanian real estate market. There is a huge imbalance that exists at the moment, and... [Read more of this review]
Panama Real Estate’s Bait and Switch
Have you ever been frustrated by the lack of accessible information on real estate listings in Panama? You’ve spent hours and hours searching the web for the perfect property. Finally, you have come across a real estate listing that suits your needs. It is in the right location and meets your budget. You click on the listing to investigate... [Read more of this review]
5 Buyer Bewares Tips for Panama Real Estate Shoppers
Buying real estate in the Developing World can be challenging. It is difficult to locate proper paperwork. Fudging numbers to avoid taxes is such a common practice it’s considered the norm. There is a lack of general structure that you have come to expect from the Developing World. Panama is no different. Even though Panama has come along... [Read more of this review]
The New Colon-Panama City Highway: A Game Changer
The new highway from Panama City to Colon will change Panama’s Caribbean Coast. Both the upper coast, Costa Arriba and lower coast, Costa Abajo, of Colon Province have been undeveloped. The new highway completion makes the Caribbean coast only 45 minutes away which is less than the Pacific beach destinations such of Coronado, Gorgona, and Playa... [Read more of this review]
Panama City’s Real Estate: Tale of Two Markets
The Panama City condo market has two different segments – luxury and local. These two markets, while both operating in the same country, have little impact on each other. Strangely, they act almost completely independent of one another, only to overlap around the $200,000 price point. Luxury Market Overview Price Point: $200,000 and Above The... [Read more of this review]
