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Direct flights from Canada to Rio Hato’s Airport

location_on Anatoly Gaviria

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 […]

date_range Nov 5, 2024

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A Guide to Living in Panama City

location_on Anatoly Gaviria

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 […]

date_range Oct 9, 2024

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Must-Know Factors for Purchasing Apartments in Panama City

location_on panamarealtorga

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 […]

date_range Oct 9, 2024

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Exploring Luxury Apartments in Panama: Your Guide to Upscale Living

location_on panamarealtorga

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 […]

date_range Oct 5, 2024

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An update to the regulations of the PH Law

location_on Anatoly Gaviria

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 […]

date_range Sep 10, 2024

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Tourist Arrivals in Panama Surge by 8.7% in First Half of 2024

location_on Anatoly Gaviria

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 […]

date_range Aug 28, 2024

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Tocumen Airport plans another expansion

location_on Anatoly Gaviria

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 […]

date_range Aug 14, 2024

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Tocumen International Airport Reports Passenger Surge in June 2024

location_on Anatoly Gaviria

Tocumen International Airport processed 1,624,774 passengers last June, an increase of 183,408 compared to the same month last year.

date_range Jul 17, 2024

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Beach Corridor Expansion Achieves 78% Completion

location_on Anatoly Gaviria

The Beach Corridor Expansion project, section 1: La Chorrera – Santa Cruz located in the province of Panamá Oeste, has a progress of 78% according to the Ministry of Public Works.

date_range Jun 18, 2024

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Panama’s tourist income increased 8.4% in the first quarter

location_on Anatoly Gaviria

The Panama Tourism Authority (ATP) indicated in a report that, during the first quarter of 2024, Panama’s tourism revenues exceeded those achieved in the same period of the previous year by $123.5 million, which represents a growth of 8.4% in relation to 2023.

date_range Jun 6, 2024

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