After a long absence, International Living is back on the Panama scene with promotion and new experts on Panama real estate. I received two emails today and it is as if they had never left. They had closed their offices in Panama and rumor has it that Kathleen Peddicort and her husband Leif Simon have left the company. Now I am sure if this was idle rumors someone will straighten me out real quick. In any case, were glad their back as they are the master promoters of foreign lands and bring a lot of baggage in the form of people looking for the deals. Welcome back IL.
Here is a link to their seminar website
“You can still find great apartments in Panama City
for less than $70,000 and live well on $1200 per month!”
Thursday, April 10, 2008
Dear International Living Reader,
Dan Prescher
Over the last two years, we've been hearing rumblings that Panama has gotten too expensive … that it's no longer a good deal. And we've heard that not only from readers, but also from a few staff members.
So here's where we set the record straight.
The Panama that's been our favorite for years deserves a broader approach. A fresh look … a deeper look.
Panama has long been the prime choice for retirees, second-home buyers, and property investors alike. Readers have retired in style, enjoyed terrific vacation homes, and made money. The country deserved the #1 spot on our Global Retirement Index for six straight years. It’s been a winner.
But we decided to dig deeper … to broaden the appeal of this successful destination.
Our work paid off.
Yes, we’re still well-connected to the premium property market that has made Panama a mainstay with property buyers and investors from around the world. The Panama that offers the luxury of Miami at a fraction of the price is still there … and it’s still booming.
But we’ve gone a step further.
We’ve tapped into the local market and found investment and lifestyle properties that are so affordable many people thought they were gone. Properties marketed to the local buyer rather than the foreign buyer, including:
Apartments in Panama City for less than $70,000.
Prime building lots on the edge of town starting at $25,000.
Good rental apartments starting at $350 per month
Beachfront lots on the shimmering Pacific at $125,000 for almost an acre … with small beachfront parcels starting at an amazing $38,000!
A rolling green 10 acre farm in the hills of Chiriquí for just $30,000.
Expensive? No … it’s a bargain.
It’s the hidden, affordable Panama. A place where you can still live on $1200 per month.
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