Panama Real Estate – Report
The Panama real estate market had gone through a lot of upheavals during the pandemic. Everyone, from new construction investors to landlords throughout the country, had suffered losses. Now, however, things are finally starting to look up. The return of tourists and a new influx of expats drawn to our beautiful country has done wonders to once more revitalize Panama’s economy. It also helps that Panama’s popularity while ranked one of the best countries to retire has only been growing.
Even while the Pandemic was raging. Panama even voted the most desirable place to retire in 2022! In addition to this, new investors and digital nomad programs for rapid residency is fueling the increase on top of the new proposed Crypto law which has made many investors sit up and take notice. The government is focusing on restarting infrastructure projects, green carbon initiatives and capturing more tourism, which is expected to start an explosion of economic growth for 2023.
Market Update
Naturally, all of this has had positive effects on the Panama real estate market as well. Realtors, agents, property investors, and landlords have seen a significant increase in business over the last 6 months. And some of the most popular destinations, such as Panama City, Playa Coronado, Boquete, and Pedasi are especially prominent with how popular their housing markets are thriving. If you read our blog, you will find hundreds of articles especially our latest about Panama Real Estate – Report Update After the Pandemic .
You will find that right now is one of the best times to snap up a really good deal, after all, the prices are still much lower than they were before the pandemic. However, this comes with benefits of its own! The low prices are ideal for anyone looking to relocate and make Panama their new home. So, if you are thinking of moving here check out our deals section or browse our listings below, we are sure where you will still find some amazing properties for sale or rent at prices that are simply too good to pass up.
