Panama Real Estate Blog

After Success with the Rich and Famous Worldwide, Buddha-Bar Expands to the Luxury Hotel World, Selecting Panama as First Foray into the Americas.

Miami, FL (PRWEB) May 7, 2008 — For almost one hundred years, The Panama Canal has served to connect the East to the West; now, Buddha-Bar – the unique concept that has become an international phenomenon, is set to accomplish the same goal. With their first Oriental inspired Luxury Hotel in the Americas set to open in fast growing Panama City, Buddha-Bar will expand on their vision, bringing a sumptuous hotel, restaurant and spa to this thriving metropolis. As seen with their monster success in Paris, Buddha-Bar creates an exotic journey that includes eclectic design, hypnotizing music, and magical food mixing the boldness of Asian flavors with the delicacies of France. The combination results in an incomparable escape from the everyday world, bringing elite guests back over and over again. The unique group will open their first hotel in Prague this summer.     Read more

This month Panama City’s old quarter, Casco Antiguo, celebrated the opening of its first upscale hotel in nearly 100 years. Situated in a restored turn-of-the century mansion, Canal House caters to travelers who desire the service of a boutique hotel with the privacy and space of a private home.

(PRWEB) December 28, 2007 — This month Panama City’s old quarter, Casco Antiguo, celebrated the opening of its first upscale hotel in nearly 100 years. Situated in a restored turn-of-the century mansion, Canal House caters to travelers who desire the service of a boutique hotel with the privacy and space of a private home. Read more

With its natural beauty, bustling cities and fantastic beaches on both Pacific and Caribbean coasts, Panama has been one of the sensations of the US property investment market in recent years. So with the pound in a strong position against the dollar, what does the Panamanian property market offer to UK  investors?

Property investment specialist Amberlamb.com says: “With the fastest-growing, most stable economy in Latin America built on tourism, real estate, financial services and, of course, the canal, the excellent economic stability of the nation is pretty much assured, giving investors great confidence in the market. Monetary and price stability are assured as the local currency is linked to the US dollar.” Read more

One of the most precious assets which reverted to Panama along with the canal when the U.S. pulled out at the end of 1999 was the Amador Causeway which flanks the channel leading into the Pacific entrance to the canal, and joins four small islands, Flamenco, Perico, Culebra and Naos.

Designed as a huge breakwater to protect the entrance to the Canal and prevent sedimentation in the Port of Balboa, the causeway was built with a million and a quarter cubic yards of rock from the excavation of Culebra Cut. It also served as a fortification. Just as the Spaniards had pointed their cannons seaward a few centuries before on the walls of Las Bovedas across the bay, the Americans, during the two world wars, installed ordinance on the causeway islands to make it the most powerful defense complex the world had seen.

The causeway had yet another purpose. Read more

In today’s apartment rental market there are several things that are “must do’s” for becoming a successful landlord. The reason you’re playing the real estate rental game is to have the check in your mailbox on the first of the month, right? Here are a few tips that can help you to achieve this with as little aggravation and frustration possible.

First and foremost is finding the right tenant to rent your apartment, house or other rental. This is the most important ingredient in the recipe. Checking the prospective tenant’s credit history to make sure they are paying their bills is one of the best ways you can screen. A tenant that pays their bills on time most likely will send you their rent on time. Establish a clear system on collecting rent, handling complaints from the tenant and how you will contact them if you need to gain access to the apartment.

Secondly, Read more