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Leaving for Panama on Friday


Redfish
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nice!!! just bought a place in panama city....let me know how it is!!

 

 

Can NorteAmericanos own real estate in Panama? I hope you bought in the "right" part of town. There are some schiste holes in PC.

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Can NorteAmericanos own real estate in Panama? I hope you bought in the "right" part of town. There are some schiste holes in PC.

 

 

yea...its basically an american territory. bought a unit in a hotel/condo development. wont be ready for a few years.

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yea...its basically an american territory. bought a unit in a hotel/condo development. wont be ready for a few years.

 

 

Is this an investment? A place to recreate? Why would you buy real estate in PC, instead of somewhere on the beach or in the jungle? Just curious

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Is this an investment? A place to recreate? Why would you buy real estate in PC, instead of somewhere on the beach or in the jungle? Just curious

 

 

its right on the shore....hotel/casino. it has a private island that you get shuttled to from a boat. its a little of both...investment and a place to go. the details arent totally set yet, but you basically buy the rights to use a unit for a certain amount of weeks. but you also get a check at the end of the year if the hotel has profits. kinda like a timeshare with a kickback.

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its right on the shore....hotel/casino. it has a private island that you get shuttled to from a boat. its a little of both...investment and a place to go. the details arent totally set yet, but you basically buy the rights to use a unit for a certain amount of weeks. but you also get a check at the end of the year if the hotel has profits. kinda like a timeshare with a kickback.

 

 

sounds like a 'fleece the gringos' timeshare.....

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