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Panama City
Panama
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While the last years the real estate market has been slower than the average, in the year 2020 is expected to be more dynamic for Panama’s economy.
Panama is a small Country in Latin America, but it is an important aviation and connecting hub, and the main hub for Copa Airlines, which take the advantage of the of the country’s position between the two continents.
With a warm tropical climate and a beautiful cosmopolitan area, there is no doubt that Panama City has a lot of things to offer. It is full of things to do and places to visit, suitable for all visitors whether they are staying for short or long time.
When a person decides to buy a real estate property of any kind in Panama, and starts checking several options, there will be so many details and advices you will get from agents, banks, promoters and people which will effect on the final choice of purchasing.
The transportation infrastructure in Panama is easy to understand and very efficient compared to other Latin American countries. The Panama Metro and Metro Bus system bring a lot of convenience when moving around the city without a vehicle, however, there are also alternatives for people who prefers a more private kind transportation.
Diversity, quality variety, affordability, luxury, Panama has enough good and services to satisfy all kinds of people at reasonable prices, and in many occasions, at better prices than other countries.
For the past decade Panama has been one of the fastest growing economies in Latin America. According to the reports from the IMF, in the last 10 years the country had an average growth of 6.5%, well over the average of the emerging markets and developing economies.
Panama has always been one of the favorite choices of expats for many years. Located in Central America, Panama is an isthmus that connects North and South, hence the name “Crossroads of the Americas”
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