MARKETS & TRENDS
PANAMA
Global Real Estate Investing
WHY INVESTING IN PANAMA IS A GREAT WAY TO DIVERSIFY NOW
by Evie Brooks
ith current U.S. real estate pric- es surging out-of-control, let’s
for the buyer/investor. The average home price in the U.S. is now $350k nationwide and $779k in Los Ange - les, making investing out-of-reach for many stateside. So why should real estate inves- tors consider Panama, and why now? NO. 1 Panama City is a booming international business hub. We shifted our global real estate investing from Costa Rica to Pana-
ma in 2012 primarily because it is a much stronger business hub versus a tourist destination. The coun- try is also investing in their infra- structure by expanding the Panama Canal, along with building bridges, roads, and a new metro. Panama City is also investing in a new Johns Hopkins-affiliated hospital, medical housing, corporate housing and con- vention center, which will accom- modate up to 25,000 people at once, which all strengthens this interna-
W
look at five reasons why global real estate investing in Panama can be a great way to diversify your portfolio. Many U.S. properties are being sold for 10-22 percent over the ask- ing price. On top of this surge, many buyers are paying the sellers clos- ing fees, waiving inspections, and competing against many others for the same property – which reduces cashflow opportunities and equity
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