Representatives from the real estate sector have approached European promoters, offering Panama as an investment platform.
Wilson Ruiz, president of the Association of Brokers and Real Estate Developers (Acobir) told Panamaamerica.com.pa that "the idea is that they can distribute their investments and large capital which at the moment they are not being productive in their countries. "
Osvaldo Marchena, businessman and member of the association believes that Panama could become 'America's Real Estate Hub'.
Source: Panamaamerica.com.pa
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Learn to make good real estate investment returns by simply following five steps.
If you are venturing for the first time into the world of real estate investment, and want to be successful, Kohli Tej’s article will help you do so.
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April 2012
The Panamanian group of companies, Convivienda projects sales in 2012 amounting to $665 million with the delivery of 7,429 homes.
The director of the national council of housing developers, explained that the with the Preferred Interest Act raising the ceiling on the value of homes which can benefit to $120,000 will help...
May 2009
Faced with an inevitable slowdown, Panamanian real estate operators are looking for new buyers in Asian TNCs.
Sales have fallen by up to 40% in the housing sector and it is necessary to explore other market niches to offer existing inventory and continue growing.
Taking advantage of the incentives that Law 41 provides to firms that locate their regional headquarters in Panama, the Panamanian Association of Real Estate Brokers (ACOBIR) is making efforts to cultivate partnerships with real estate associations in other countries.
February 2011
The fair organized by the Panamanian Association of Real Estate Brokers and Promoters will be held from February 2nd to February 6th.
Organizers representatives said they are expecting participation of eleven banks, developers and investors. Attendance of some 30 thousand people is also expected.
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