Panama Real Estate

It is no secret that Panama has become a premier destination given its location, natural beauty and strong economic outlook. Visitors to Panama can enjoy cosmopolitan Panama City, colonial era ruins, expansive white sand beaches, cool mountain highlands and pristine rainforest ecosystems. Those looking to capitalize on Panama’s long-term growth prospects are taking advantage of current real estate investment opportunities in Panama. Foreign investors in real estate have the same rights as Panamanians and property is generally titled. Title insurance can be purchased and traditional mortgages are readily available through sophisticated international banks.

Panama continues to develop as not only a vacation destination but also as an attractive destination for retirees and investors. A comprehensive incentive program for retirees is available and many retirees are taking advantage of the lower cost of living and year round average temperatures of about 80 degrees. For foreign investors or those looking to start a business in Panama, the US dollar based economy, Free Trade Zone, and international banking center are all attributes to consider. Major banks such as HSBC, Scotia Bank and Citibank all have established franchises in Panama. It is frequently said that Panama has aspirations to be the “Singapore” of the region and with its inherent assets, location, economic and political stability, real estate in Panama is likely to be a terrific investment for long-term investors.

Bocas del Toro Real Estate

Bocas del Toro is the most visited vacation spot in all of Panama for good reason. Its crystal clear waters, rich Caribbean culture, abundant dining opportunities and laid back atmosphere all contribute to its mystique as a destination that is in the process of being discovered. Bocas del Toro’s appeal has resulted in many American, European and South American expats choosing to purchase real estate in the area and call the region home. The Bocas del Toro archipelago is regarded as having the finest beaches in Panama and there are few places left in the world where you can enjoy gorgeous beaches with hardly a soul in sight. Many of these beaches are fringed with rainforests and the Red Frog Beach project is positioned to take advantage of both natural amenities.

Bocas del Toro is also fortunate to be blessed by the fact that no hurricanes ever touch these islands. For property owners and boaters this keeps insurance premiums down and contributes to the likely growth in tourism and relocation to the region. As in all of Panama, the currency is the US dollar and in Bocas you will find that many of the local people speak English. International travelers have only recently discovered this isolated region of Panama and it is for this very reason that much of the archipelago remains pristine and untouched. It is frequently commented that Bocas del Toro reminds visitors of “Hawaii or Key West in the 1950’s”.

Property owners in the region are also well served by a number of service and transportation options that facilitate movement to and around the region. The main outpost on the archipelago is Bocas Town which is located on the southeastern tip of Isla Colón. Bocas Town is easily reached by land, sea or air. Air Panama and Air Perlas provide several daily flights from Panama City and it seems that service continues to expand on a yearly basis. Water taxis abound in the region and it is about a ten minute boat ride to Bastimentos from the town of Bocas. The Caribbean community of Bocas also provides services and infrastructure and the town boasts paved streets, potable water, hotels, restaurants and additional services such as internet, cable TV, a hospital with ambulance service and a fire department.

Eco Vacation / Explore Rainforest

The location of our project affords a unique opportunity for our residents and visitors to explore the natural treasures of Bastimentos Island. Simply stated, our project’s preserves combined with the adjacent Bastimentos National Marine Park, maintain some of the greatest diversity of plant and animal life that can be found anywhere on earth. The Marine Park and surrounding project lands provide a springboard for activities and adventures that invite us to learn more about this ecology. Nature walks or more extensive jungle hikes are a great way to get in touch and learn about the indigenous red frog, giant morpho butterflies, wild orchids or the myriad of other species in the region. Activities such as sea kayaking, and docent led canopy tours are other great ways to learn about the islands flora and fauna.

Those who wish to explore our project’s preserves and the neighboring Marine Park will be stunned by the diverse topography that they have to choose from. Both Red Frog Beach and the more remote Wizard Beach and Playa Larga offer sweeping beaches and a healthy beach break. There are several quiet cove beaches that provide a more intimate setting as well. These beaches and the expansive coral reef, provide important habitat for leatherback, loggerhead, hawksbill and green turtles. The leeward side of the island features smooth, glasslike waters that harbor our marina and are ideal for exploring the delicate ecology of the mangrove swamps.

The terrain on the island is diverse as well, and features secondary and primary rainforest stands on hills and small mountains based on ancient basalt rock formations. Much of the first phase of our development took place on re-claimed ranch land and teak plantations. These areas include gentle upslope and meadows that are quickly reverting to their natural state. The marine park also features the largest island lake in all of Panama. A journey to this lake would also afford the opportunity to explore a large network of caves that exist within our preserves. We feel that our project’s “Natural Amenities” are the most compelling feature of our development. There is something for everyone at the Red Frog Beach project and we hope that you will take the opportunity to visit us soon.