I would like to introduce the newest Panama office to you and the opportunities available. Our broker is Carlos De Obaldia, you can reach him at cdeobaldia@remax.netIn the environment that we appear to be in in the United States, many realtors are looking for alternatives to increase their sales and of course their incomes. Panama is an excellent market place to do just that. Jim Cramer of CNBC's Mad Money says, INVEST ABROAD, in fact he recently mentioned Panama, Central America as one of his top choices!
Famous for a cthat changed the world, Panama is now a tax haven, retirement and investment destination of international choice.
Apart from the canal, most people would claim to know very little about Panama but to those in the know, it is one of the world's undiscovered paradises and is ranked in the world as one of the safest places to live. In fact, the Pinkerton Intelligence Agency gives Panama the same tourism safety ranking as the USA.
With the highest per capita income in Central America, Panama has opened itself up as an attractive option as an investment and lifestyle destination. Additionally, 2007 boasts an 11.2% increase in the economy. In 2007, the Country recorded a fiscal surplus of $683 million, the equivalent of 3.5% of its gross domestic product. Not withstanding 2006, recorded a .5% surplus as well. All of this with no end in sight, Panama is in the process of expanding the cas well, where completion is expected by 2014. Fortunately for Panama and those with the foresight to invest in its development, Panama is alone in Central America with a practically guaranteed renewable resource, "the Canal".
The international airport is well served with flights from all over the world and all the major cruise companies use Panama as a stop off with over 15, 000 cruise ships docking every year. Additionally, the City of David in the Province of Chiriqui, boasts an International Airport as well. With U.S.A. direct flight expansion reported for 2008.
The country has fantastic beaches, stunning mountainous regions, great weather all year round, political stability and all the modern amenities from hotels to restaurants and entertainment to shopping malls that you would expect of any major western city.
However, the best news is that it also has excellent property values, an exceptionally low cost of living and a government implemented tax system that is designed to attract investors, retirees, and second home purchasers.
The Ranazul Team is excited about joining the Remax Team. Carlos has asked me to introduce our projects to you. The Boca Chica Beach Resort, Yacht Club and Marina brings luxury and affordability together. The gated development boasts an Ocean Beach Club, a $5, 000 membership fee waived for phase one purchasers, Yacht Club and Marina membership, a $5, 000 membership fee waived for phase one purchasers, water and ground shuttles, clubhouse, swimming pool, exercise center, Chapel, Education center for Spanish/English, Boutique otel, micro casino, retail center, restaurants, lake fed by two natural streams, and much, much, more...
Brokers and Agents:
Due diligence on the project is complete, commissions are 20% split 5% lister and 15% seller. Homesites start at $31, 500, developer financing is available, with $15, 000 down guarranteed financing. Homesites appraise at $63, 000 and comparable homesites in the area start at $59, 900. This project will not be available for long. It is an investors dream and perfect for the Baby Boomers preparing for retirement.
Thank you.
