Panama Real Estate Values Are Going Up, Even As Other Markets Suffer

There are a number of reasons behind the recent surge in the Panama real estate market. Many people are interested to buy as an investment, and there are those who want to rent as well. Brand new international real estate site is ahead of the trend.
By: Panama Vultures.com
 
June 5, 2010 - PRLog -- Panama City, Panama: Some experts argue that the real estate market in the US is set to start the long and arduous task of recovery. However, there are many others who do not agree. They point out that since both the real estate and the finance markets are down, a recovery is still many years in the future even though property prices are beginning to stabilize. Because of this uncertainty in the US housing market, many investors are looking elsewhere, and Panama real estate seems to be at the forefront. It definitely seems to be the case at http://www.InternationalRealEstateListings.com as the website has become very popular among real estate developers, property agents and also among individuals who want to buy or rent property in Panama.

Panama is geographically very close to the US, and there is a lot of business interest too in this country. But not just that, the terrain of the country is also one major reason why the property industry has become so popular here.

Bordering the Pacific Ocean and the Caribbean Sea, Panama has a long and interesting coastline. The mountain ranges in the country are very attractive too. Thus a lot of foreign tourists visit Panama. Of course Americans head this list, but European tourists also grew by 23 percent in 2008 and the trend seems to be on the rise. Many travelers are going through Panama real estate listings because they want to rent their accommodation here.

To promote tourism and the real estate market, the country offers attractive price discounts and tax structures for retirees. So the country has become very popular among retirees who want to just relax in the easy and laid-back lifestyle offered by Panama’s coast and highlands. This is also fueling the demand for Panamanian real estate. Of course many citizens of the country itself are also interested in Panama real estate for sale or on rent.

There are two types of people interested in Panama real estate – those who want to buy as an investment so that they can sell off later for a profit, and those who want to rent or purchase because they want to come and stay in this beautiful country.

Brand new international real estate site - http://www.InternationalRealEstateListings.com -  is offering a free service for real estate developers and agents to display their properties. And it is a free service for all those who want to buy or rent apartments, condos, villas, cottages, mansions, lofts and many other kinds of properties. You can also search for commercial Panama real estate and also for hotels, motels, resorts, bed and breakfasts, inns and more.

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About International Real Estate Listings.com: A newly-launched website, this is the place where buyers, those who are interested in exchanging or renting properties in Panama, real estate agents and developers are coming together. The website offers detailed information and pictures of hundreds of properties in the country. As an advertiser you can promote your real estate at no charge, and buyers or those who are interested in renting or exchanging can also find what they are looking for free. For more information on the Panama real estate market, past and current client success stories, and a free 20 page report on how you can rent, sell, and exchange your Panama real estate fast and for top dollar visit: http://www.InternationalSellFree.com
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