
Panama Real Estate and Property - Realty Executives International
Buy, Sell or Rent Real Estate in Panama Properties and Panama Rental Property
Panama is a curious but exhilarating combination of cultural influence. It lies at the centre of the world, its isthmus constituting the last part of a natural land-bridge between the North and South American continents. Its strategic position and glorious terrain - from wildlife-rich jungle to sun-soaked beach - suggests that it will remain an important country for a long time yet.
The country has been a pivotal trade route for 500 years, first under Spanish rule, then as part of independent Gran Colombia and modern Colombia, and in 20th century, as an independent nation. However, the Panama Canal Zone, completed in 1914, became an American Protectorate for many decades. It was only in 1977 that the Americans agreed to turn over the canal to full Panamanian control by 1999.
Today, Panama is more settled in its own skin and embarking upon ambitious new projects. The Panama Canal, which recorded its busiest year to date in 2007, is to expand substantially by around 2014.
Click on the Panama Map for a larger view and for Panama Information and the Panama Flag
Expert Tips for Buyers and Investors in Panama
Panama is most famous for its canal but due to a recent governmental push to attract foreign investment and turn Panama into a retirement and tourism destination there is development activity nearly everywhere in the country. Panama City has attracted the top developers from around the world, even Donald Trump is seeing the potential here. The Pacifica beaches are top choices while some investors are looking to Boca del Toro and the Caribbean side of the country. The highland areas in and around Panama city are also garenering attention. |
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