Blog
-
Winter Escapes in Panama: Cozy Retreats, Scenic Views, Festivals, and More!
If you’re tired of cold winters and dream of spending your holidays in a warm, sunny paradise, buying property in Panama could be the next step in your journey. With its vibrant festivals, stunning scenery, and year-round warm weather, Panama offers an idyllic lifestyle. And we’re here to help you turn that dream into reality…
-
Boquete, Panama: The Emerging Real Estate Hotspot Investors Can’t Ignore
With its favorable tax system and well-connected airport, Panama has become an attractive destination for expats and international investors. Are you considering real estate investments in this part of the world? Then, it’s essential to conduct thorough research to identify the most promising locations. At Panama Centro Realty, we specialize in helping you find the…
-
Direct flights from Canada to Rio Hato’s Airport
The new charter flights which are operated by Sunwing Airlines and Air Transat, will directly connect passengers from the cities of Montreal, Quebec and Toronto to the Scarlett Martínez International Airport, located in Río Hato in the province of Coclé. Sunwing Airlines and Air Transat have scheduled four weekly flights on A321 and Boeing 737-800…
-
A Guide to Living in Panama City
Panama offers a relatively low cost of living compared to many other countries, especially when compared to the U.S., Canada, and Western Europe. The actual costs depend on your location, lifestyle, and preferences, but essentials like housing, food, and transportation tend to be more affordable. According to Numbeo, Panama’s cost of living index is 47.1…
-
Must-Know Factors for Purchasing Apartments in Panama City
The appeal of Panama’s rental property market is undeniable, with gross rental yields stretching from 6.8% to 9.5%, according to Numbeo. Does this mean you can buy any apartment in Panama City and expect high rental returns? Not always. Rushing could mean a bad investment decision and wasted opportunities, so here are the must-know factors…
-
Exploring Luxury Apartments in Panama: Your Guide to Upscale Living
Panama City is bustling with energy, fueled by a growing economy and its status as a hub for major global companies. This economic boom is driving up the demand for all sorts of properties: office spaces, retail spaces, and, most notably, luxury apartments in Panama. Here are our top picks for luxury apartments in Panama…
-
An update to the regulations of the PH Law
The Ministry of Housing and Territorial Planning (Miviot) will be updating the regulations governing horizontal properties as announced at the Horizontal Property Congress and the inauguration of Expo PH 2024. The current law contains 125 articles and highlights priority issues such as the Emergency Fund, which helps real estate units to face a situation that…
-
Tourist Arrivals in Panama Surge by 8.7% in First Half of 2024
In the first half of 2024, Panama saw a notable 8.7% increase in foreign tourism, welcoming 1,443,424 visitors—an impressive 115,245 more than during the same period in 2023, according to data from the Panama Tourism Authority (ATP). Tocumen International Airport received 1,029,528 visitors which is a substantial 15.8% rise compared to the 889,415 who arrived…
-
Tocumen Airport plans another expansion
The Tocumen Airport is planning an expansion for the air terminal which will include the construction of a third runway and between 8 and 10 boarding gates. The newly build terminal 2 has failed to meet the high demand after only two years of operation. The construction of the third runway will have an estimated…
-
Tocumen International Airport Reports Passenger Surge in June 2024
Tocumen International Airport processed 1,624,774 passengers last June, an increase of 183,408 compared to the same month last year.
Got any book recommendations?