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Archive for the ‘Panama City’ Category

Panama City’s Casco Viejo “A Cultural Cornerstone” Says New York Times

Posted in Panama City, Panama Real Estate, tagged , , on September 17, 2024 | Leave a Comment »

Panama City’s Casco Viejo neighborhood is receiving more praise as Panama City’s hottest neighborhood and was called “a cultural cornerstone” rivaling Miami’s South Beach in the New York Times. Panama City’s up-and-coming historic neighborhood has attracted the attention of international media outlets. Last month Casco Vieio was featured in an article in The Guardian. The [...]

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“Is The Panama City Condo Market Going The Way Of Southern California?” Asks “The Panama Report”

Posted in Panama City, Panama Real Estate, tagged , , on September 12, 2024 | 4 Comments »

 A recent post in The Panama Report investigates the current condo market boom in Panama City. The author of the article, a real estate development consultant based in Panama City, discusses the fundamentals of the condo market in Panama City, which have led him to conclude that the market may be on the verge of [...]

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Panama City’s Casco Viejo Neighborhood Is “One Of The Hippest Barrios In Latin America,” Says The Guardian

Posted in Panama City, Panama Real Estate, tagged , , on August 25, 2024 | Leave a Comment »

The Casco Viejo neighborhood of Panama City (also called Casco Antiguo) is “one of the hippest barrios in Latin America,” according to a recent article in the Guardian. The article describes the growing popularity of Panama’s capital city as one of the fastest growing tourist destinations in Latin America. Once a stopping off point for [...]

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Panama Building First Diamond Market In Latin America

Posted in Panama City, panama economy, tagged , on August 7, 2024 | Leave a Comment »

Panama is currently building the first diamond market in Latin America. The 50 story diamond bourse will include safes, a gemological institute, laboratories, polishing and cutting facilities, and a trading hall.The diamond market is expected to attract 300 traders, and will serve growing markets in Brazil, Chile, Mexico and Argentina. The $200 million project in [...]

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Trump Plans Oceanfront Casino In Panama City

Posted in Panama City, Panama Real Estate, tagged , , , on August 6, 2024 | Leave a Comment »

Donald Trump’s company Trump Entertainment is planning on opening a casino on the Pacific Ocean in Panama City. The casino would be Trump’s first gaming facility outside of the United States, and is likely to feature slots and assorted table games. The casino will be part of the Trump Ocean Club hotel and condominium complex [...]

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Photographs Of The Panama City Construction Boom

Posted in Panama City, tagged , on August 5, 2024 | 1 Comment »

Panama City has seen incredible amounts of construction in recent years. A slide show from La Prensa includes photographs documenting the construction boom in Panama City. Here is a link to the slide show, translated by Google. Clicking on the individual pictures should provide an English translation. The original Spanish version of the slide show [...]

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Copa Airlines Continues To Beef Up Fleet With New Orders For Boeing 737s

Posted in Panama City, panama economy, tagged , , on July 22, 2024 | Leave a Comment »

Copa Airlines, the national airline of Panama based out of Panama City’s Tocumen Airport, has announced an order for two additional new Boeing 737 aircraft, which will increase their current order to nine new jets. The expanding airline currently offers nonstop flights between Panama City and locations in the United States including Miami, New York, [...]

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More On The Panama City Condo Boom: A City With Growing Pains?

Posted in Panama City, Panama Real Estate, tagged , , , , on June 17, 2024 | 1 Comment »

News about the real estate boom in Panama City seems to be in never ending supply (making this my third Panama City update this month, read here and here).  This week the honors came from the LA Times, in an article they ran entitled “Panama City: A Boomtown With Growing Pains.”  The title alone seems [...]

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Report On The Panama City Condominium Market: Is The Bubble Bursting?

Posted in Panama City, panama economy, tagged , , on June 10, 2024 | 1 Comment »

A recent post on the International Herald Tribune’s blog “Raising the Roof” mentioned a recent report put out by CB Richard Ellis on the condominium market in Panama City. The report, which can be found here, has some interesting statistics related to the current market in Panama City, including the fact that there are currently [...]

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Construction Boom In Panama City Sparks Fears That The Market Is Becoming Overbuilt

Posted in Panama City, Panama Real Estate, tagged , , , on June 2, 2024 | Leave a Comment »

An article published today in NuWire Investor investigates the current construction boom in Panama City, taking a look at how the large influx of condominiums coming on the market in the next few years may make Panama much less appealing as a short-term investment. Nearly 50,000 preconstruction condos are currently for sale in Panama City, [...]

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