Aerial View of Panama City, on the Calidonia area.

Calidonia Attracting Long-Term Property Investment In Panama

The Last Bargain Buy In The Panama City Market
Plus: More On Your Own Coffee Farm
Mexico, Canada, And The United States Set To Become One Country?
Finding A Property Manager

Undervalued property in central Panama City is hard to find these days. From the oceanfront skyscrapers to the historic old town’s rehabilitated colonial structures—there isn’t much left for bargain hunters in this booming city.With GDP growth rates reaching double digits several times in the past decade, Panama’s economy—and its property market—remained relatively unscathed during the global recession. And with sustained GDP growth rates of about 6% expected through at least 2020, it comes as no surprise that Panama City’s property market continues to experience high demand.

It also comes as no surprise that many of these high-demand properties are selling for US$3,000 per square meter and higher. The old town of Casco Viejo, which is designated as a UNESCO World Heritage Site, is in especially high demand, with prices as high as US$5,000 per square meter. Apparently, you just can’t build centuries-old colonial buildings like you can Continue reading

The discounts of having the gree-back in our hands are starting to go away.

Dollar Holders See Reduced Buying Power In Foreign Markets

2016 Currency Shift: Our Dollar Discounts Are Shrinking
Plus: I Want My Money Back!
Checklist For Buying An Investment Property
Why Isn’t Cuenca, Ecuador On Your List?

I’ve written often about “currency discounts,” that is, the reduction in property prices that dollar holders have realized these past few years as a result of the strengthening dollar.

Today I’m telling you that the trend is changing for several currencies… things are shifting. Whether or not the dollar’s decline is a long-term trend, I can’t say. But I can tell you that many of the discounts we’ve been enjoying around the world are dwindling… while some bargains are Continue reading