Articles
Bocas del Toro's Plastic Bottle Village
The Plastic Bottle Village, on Isla Colón in Bocas del Toro has built its first single story home in Phase I, constructed with more than 10,000 plastic bottles. The Village has made recent news on major outlets. Read the recent article published on Worldcrunch
Bridging Oceans: The Panama Canal
"Bridge of the world, heart of the universe."It's a fitting description for a small country, with so much riding on it – or in this case, sailing across it. This is a place where land gave way to water, by Bridging Oceans: The Panama Canal."
Panama travel is featured in Vogue's June edition
With so much in the news about the Panama Canal Expansion, Vogue’s editor provides even more great reasons to explore our Isthmus, ranging from exquisite cuisine to tropical island hopping. In Vogue's June 2016 edition, travel writer Michaela Trimble .opens with “Panama is an enchanting oasis, where easy island jaunts and mountain retreats are a way of life.” as she explores some of the reasons why Panama is a destination of choice for many travelers.
The Panama Canal Expansion revolutionizes global trade
The Panama Canal Expansion will be inaugurated on June 26, 2016, 100 years after first transforming the landscape of the world. Twice in a century, the Isthmus makes history revolutionizing global trade by doubling cargo capacity between important global trading partners around the world. In a recent article on CNBC, Doug Davidson, market executive, Global Commercial Banking at Bank of America Merrill Lynch wrote about some of the benefits of the expanded waterway.
Coffee and Rum, some of Panama's best assets
Panama is famous for some of the world's best coffee and rum. A recent article in USA Today tells how the best production of these is reaching record high prices at auctions, exported and enjoyed around the world.
Panama's Expo Turismo Fair – May 27 and 28
The Fair will promote Panama as a destination to the international and national markets, offering products from tour operators, airlines, cruise companies and lodging among others.
Turkish Airlines expands to Panama
Turkish Airlines adds the new Istanbul-Bogota-Panama route with attractive round trip fares starting at $699, and will operate on Wednesdays, Fridays and Sundays in both directions.
Turkish Airlines expands to Panama
The Istanbul-Bogota-Panama round trip fares start at $699 and will operate on Wednesdays, Fridays and Sundays in both directions.
Japan will provide financing of over $2 billion for Line 3 of the Panama Metro
The monorail system will be the first with Japanese technology in the American continent, and the largest infrastructure project since the Panama Canal Expansion. The project also includes Japan’s technical cooperation for selecting the Project Manager. The first phase of Line 3 will have a length of about 26.75 kilometers with 14 passenger stations which begins with a connection to Line 1 of the Metro in Albrook and extends west across of the 4th bridge over the Panama Canal and provide connectivity to the Panama Pacific Special Economic Area and beyond to the center of Arraiján.
World traveler blogs about her adventures in Panama
A recent article in the Huffington Post travel section tells the fascinating story of Dr. Patti Rose’s adventure through Panama and Central America. Her blog "50 Countries and Counting: A Naturalista’s Travel Adventures in Panama (Including The San Blas Islands) Nicaragua, Belize, Honduras, Costa Rica and Guatemala!” chronicles the adventures of this world traveler and nature lover in rich detail. Dr. Rose is an accomplished professional, author, and a regular contributor to The Huffington Post, and the author of the blog “50 Countries And Counting: A Naturalista’s Travel Adventures”, a series of journals about travels through diverse regions of the globe.
Panama, Trump and cruises make the news
Panama continues to make news as a tourist destination, this time, the Chicago Tribune published an article by Carol Ann Davidson. The veteran broadcast journalist and travel writer recently spent some time in Panama City as part of her voyage on board the Windstar's Star Breeze cruise ship.
Panama will become the European Investment Bank's first Latin American office
The European Investment Bank (EIB) announced to the government of Panama its decision to open its first office in Latin America as a result of its growing activity in the region, its geographic position and the fact that, after Brasil, Panama receives the most loans from the institution.
Solar power plant will provide energy for 3,000 homes in Cocle Panama
British solar power developer Solarcentury unveils 9.9MWp of sustainable solar energy in central Panama. The developer of solar farms has finished construction of its Divisa Solar power plant in Coclé, with an output of 9.9 MWp, enough to supplu the energy needs of 3,000 homes.
Panama Canal Expansion will be ready for inauguration in June 2016
In an exclusive interview with the American Journal of Transportation, the administrator of the Panama Canal Authority, Jorge Quijano said that the long awaited expansion of the Panama Canal Expansion will be inaugurated in June, despite delays and cost overruns.
President, Juan Carlos Varela, will travel to Japan in 2016
Panama and Japan will sign a deal to finance the construction of Line 3 of the Metro, extending the system to Arraijan in Panama Oeste.
Panama gets Top Spot as Retirement Destinations for 2016
After months of research with the assistance of contributing team of journalists, throughout the world, this Retirement Index offers the reader assistance with finding your optimal retirement destination. The evaluation was made on the categories of Buying & Renting, Benefits and Discounts, Visas and Residence, Cost of Living, Fitting In, Entertainment and Amenities, Healthy Lifestyle, Infrastructure and Climate. International Living's Index places Panama at the top spot "Panama has hands down the best package of retirement benefits in the world. Pick your climate—tropical or temperate. And it's close to home, just a three-hour flight from Miami."
Glowing Wingsuit Daredevil flies between Panama City's skyscrapers
34-year-old Roberta Mancino holds several world records since 2001, becoming the first woman to fly from a tower in a glowing wingsuit. Now she lights up the Panama City night sky.
How Ecotourism is Changing Panama (For the Better)
Panama offers great opportunities to advance sustainable tourism and there’s a coordinated commitment from tourism officials to develop parks and protected areas as viable ecological destinations. As recently reported by Travel Pulse, “Panama is well on its way to the development of a world–class ecotourism offering. They are doing all the right things to maintain the authenticity of the experience, preserve ecosystems and keep visitors safe.”
Jeff Corwin from ABC’s Ocean Mysteries will host 7 day Panama Canal cruise on Windstar Cruises
Windstar Cruises Announces Television Personality/ConservationistJ Jeff Corwin to Host Island Experience in Island of Coiba, on Panama"s Pacific coast.
Hotel chains invest in Panama despite high vacancy rates
Panama will be home to two new luxury, all inclusive resorts in 2016: Secrets® Playa Bonita Panama and Dreams® Buenaventura Panama. as recently announced by the by AMResorts:. This announcement comes at the time that hoteliers and the Toursim Authority (ATP) are at odds about who's responsible for the oversupply of hotel rooms in the country and what strategies are necessary to fill the empty hotel rooms. Despite the low occupancy rates and recent outcry from the Chamber of Commerce and the Asociacion Panameña de Hoteles (APATEL), hotel chains continue to invest in Panama as a tourist destination.
Panama is booming and open for business
Dr Ian Collard, British Ambassador to Panama writes about Panama's impressive economic growth and position as a significant regional and contributor to international trade. Panama's average annual growth rate of around 8%, the World Economic Forum ranks Panama first in Latin America for its air transport facilities, first in the western hemisphere for the availability of its financial services, and fourth for the quality of its port facilities.
Large Spanish companies will invest in Panama
Large construction companies, Gas Natural Fenosa and Ineco have expressed interest in relation to investment plans in infrastructure that Panama plans to expand in the coming years, estimated between 15,000 and 20,000 millions dollars.
Panama invests in wind energy with help from the World Bank
Panama invests in wind energy to supply 5% of its needs with the help of a $300 million finance package provided by the World Bank in the project which, once completed will become the largest wind farm in Central America.
The Panama Canal's next expansion in 25 years
The Panama Canal, which just celebrated its 100th anniversary and is completing its first expansion, is already is contemplating the necessity for additional capacity to meet the increasing demands of world trade, and may require furhter expansion in the next 25 years, expalined its director Jorge Quijano.
Boca Chica in Chiriqui Panama - an unspolied ecosystem on the Pacific coast
The village of Boca Chica , located in the Gulf of Chiriqui in Panama, invites you to discover the natural ecosystem of this coastline, including the magnificent National Marine Park, located between the island of Coiba and Costa Rica, Panama's neighbor to the north.
Testing of the new Panama Canal expansion targeted to begin in August, 2015
Testing of the new Panama Canal expansion targeted to begin in August, 2015, as reported by the Canal Administration.
Nicaragua wants an interoceanic canal
Chinese entrepreneur is ready to put $40 billion on the table to build and operate a new canal in Nicaragua. This is the budget that a Chinese entrepreneur is ready to put on the table to build and operate a new canal in Nicaragua. Nicaraguan parliament recently awarded a concession for 50 years and hopes to take revenge on history, which saw its neighbor Panama Canal win the race.
Panama Enjoys Historic Office Construction Boom
Jones Lang LaSalle (JLL), Panama City reports that Panama is enjoying a boom in office construction. Several economic factors are driving this growth. The expected strong GDP for 2014, due in part to high public infrastructure spending position Panama as the leader among Latin American economies. With over 500,000 m2 of new office space planned for delivery between 2014 and 2015, this new inventory of Class A and AB properties represent a 70% growth of the office real estate market. Michael Gerrity of World Property Channel offers great insight on this subject.
Private Real Estate Tours
Panama Casa Realty offers Private Real Estate tours with personalized services to guide you in the direction you want to go! We can help you find the ideal property to meet your goals, such as relocation, retirement, the purchase of a vacation home, investment property or just a really nice home that supports your favorite hobby. We will customize your tour of Panama City’s premier neighborhoods and real estate developments.
Learning Spanish in Panama
Trump Ocean Club
The triumph of Trump, the Ocean Club International Hotel & Tower Panama prepares to open, and nothing but good news surrounds its opening. This will be the sixth of the Trump Hotel Collection and it will open on July 6.
Panama City Prime Real Estate Locations: Punta Paitilla
Punta Paitilla, Panama or commonly known as Paitilla started development during the decade of the 1960’s and ever since, Punta Paitilla has been steadily growing to satisfy the demanding taste for luxury of foreign citizens from Panama and all over the world.
Panama City Prime Real Estate Locations: Marbella
Marbella, Panama is an exclusive area of Panama City close to the banking district. A safe area close to many shops and restaurants. If your interest lies in business, Marbella is an excellent location for a short term rental or long term rental apartment.
Panama City Prime Real Estate Locations: Ancon
Ever since the arrival of the Spanish colonies to Panama in 1501 and the discovery of the Pacific Ocean in 1513, the search for how to move ships from one ocean to another began. Once the Panama Canal was completed, Panama gets nicknamed "Crossroads of the World".
Panama City Prime Real Estate Locations: San Felipe Casco Viejo
The original Panama was "Panama La Vieja". It was the first official city to be found by Europeans. It served as a getaway for the Spanish conquest of Latin America. Pirate Henry Morgan destroyed Panama La Vieja in 1671. The stone walls and remnants go all the way back to 1519; and they are still standing.
Panama City Prime Real Estate Locations: Bella Vista
The origin of the corregimiento Bella Vista, Panama name is still doubtful - many people believing that its name comes from a housing construction company called Bella Vista, who was owned by U.S citizen Mr. Hebart Hoover. Other versions believe that the name was given due to the panoramic landscape seen from the hills where now sits the Universidad de Panama.
Panama City Prime Real Estate Locations: San Francisco
The Panama corregimiento (district) San Francisco was founded on August 9, 1926 thanks to President Belisario Porras, who purchased 12 acres of land, divided it into 74 lots and distributed among the villagers.
El Valle Paradise for Nature Lovers
With its moderate climate, rich soil, diverse range of animal and plant species and growing expat community, the town of El Valle is one of Panama's best kept real estate secrets. Located just 45 minutes from from Panama's best beaches, El Valle offers residents a diverse range of cultural and outdoor activities in a peaceful, spring-like mountain setting. See the following article from International Living for more on this.
Getting mortgage financing in Panama
As the majority of the investors buying in Panama are not residents of the country, the Panamanian banks are easing restrictions on lending to foreigners. As of today non - residents qualify for up to 70% financing of the purchase price for no longer than a 25 year term.
Selling Your Property in Panama
Buying and selling real estate in Panama can be daunting, with very few clear controls and industry standards. Real estate in Panama has to be approached from an informed position. When selling any property in Panama there are two very important issues that need to be determined.
Finding the Reality about Realty and the Real State of Real Estate in Panama
An ironic article on misspellings in the realty business in Panama. By Pia Maier.
Ocean Reef Islands in Panama – Luxury’s new address
Panama City is home to Ocean Reef Islands, Latin America’s first urban residential man-made islands, which extend from the edge of Punta Pacifica.