As the so called set-jetting trend continues, we hear that that James Bond (aka 007) has checked into Panama City, Panama. The Bristol Hotel recently played host to a range of Bond cast members who were on location filming scenes for the up and coming James Bond movie, Quantum of Solace. The choice of location has again highlighted the beauty and the potential of property in Panama, a country which has been on the radar of many property investors for some time.

Continue reading ‘Panama City Property Shaken Not Stirred’

With apartments in Los Altos de San Carlos priced from just £79,000, it is clear why this brand new opportunity to invest in Panama is attracting the attention of Panama’s key group of property buyers, expat retirees and real estate investors also keen to reap a share of Panama’s growing tourism revenues. Nubricks has negotiated a discount of £10,000 when you reserve an apartment in Los Altos de San Carlos. 

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As the potentially lucrative South American property market continues to grow, we are seeing more and more competition for the attention of overseas property investors.  Panama is the latest of the expanding South American countries to see the potential for attracting external investors with the government recently announcing an extension of their property tax exemption laws on both new and old property transactions.  In effect all building permits issued before the 31st December 2009 will have a 20 year exemption, but what exactly does this mean?

Continue reading ‘Panama Looking To Attract More Overseas Investors’