Sunday, March 15, 2009

Different Areas to Retire To Panama

If you are thinking of retiring to Panama, it is an obvious statement to say that you have visited the country several times, travelled around and, perhaps found a location where you are thinking of purchasing property. You, like me, love the country you have visited. On the other hand, you might have visited a couple of resorts and just want to find out what’s out there in the way of real estate for retirement in Panama.

What you need are companies which offer real estate tours of Panama. These companies (and there are quite a few of them – all you have to do is search on the Internet) provide a service to those interested in either retiring in Panama or want to buy a second home or a vacation home or are interested in investing in Panama. They know the country and they know what’s available. Included in the price of a real estate tour in Panama is that you will see some of the hotels and resorts in Panama, some of the beautiful beaches, and then visit the mountainous regions of Panama and get to experience the varied landscapes of Panama. You will be taken to the popular retirement properties in Panama and get a vacation – all in one. These real estate tours in Panama are customized to fit the needs of you, the client.

These companies are not selling property to you but are providing you with a personalized trip which combines business with leisure. On your real estate tour, you will meet people who can assist you with questions regarding residency in Panama, investing in Panama, real estate in Panama or any other question about moving to this country.

Your real estate tour will begin with your arrival in Panama City where you will be put up in a hotel in Panama City to unwind and refresh yourself. They usually have a welcoming session where you will be given your itinerary and they will explain the finer details of the tour.

For your first day in Panama City, they will take you around to various retirement properties in Panama City. These will include some land projects and some retirement condos, some already constructed and others to be built. You will also learn about such subjects as banking in Panama, investing in Panama, laws in Panama such as laws regarding retiring to Panama, residency and the ins and outs of real estate transactions.

Your transportation will be provided on the tour by this company. Your next day might be spent at the beach at a resort such as the Coronado Beach Resort. It is 83 km from Panama City on the Pacific Ocean where you can experience the beautiful location surrounded by the forest, with a golf course, tennis courts, swimming pool, spa services, great restaurants and bar etc. You will relax and meet new people. There is a neighbourhood about five minutes from Coronado, you will see the weekend homes on small streets. There are condos planned to be built here, a park with tennis courts, two pools. This is in the future. Me, I’m looking for something that is already built.

Next on your real estate tour might be a tour of the real estate projects nearby, beachside lots for sale, hotels for sale and homes situated on cliffs with a view of the Pacific Ocean.


Other places you will be shown are the mountainous regions of Panama. You could visit Sora, a popular retirement choice – one hour from Panama City and about 20 minutes from the beach. The climate is cooler here because of its location in the mountains and some of the properties actually have a view of the ocean. The cool mountain air is fresh. You could then drive further up the highway and visit Penonome in the province of Cocle and then on further to El Valle or the Anton Valley. The climate is cooler and it is popular as a weekend escape for the rich among Panamanian society. Stay the night at the Casa de Lourdes Hotel in the Anton Valley, a luxury boutique hotel designed in the style of a villa in Tuscany. Absolutely marvellous setting, sunsets, spectacular views and very romantic.

Try checking out the properties in Boquete in the Chiriqui Highlands which is a popular area among people who want to retire to Panama. You could stay at the Panamonte Inn and Spa located in the valley of Boquete. It’s a small hotel, much like a European pensione. Have a drink and relax by their fireplace in the bar. The gardens are beautiful and the window open up with views of the coffee plantations and the Baru Volcano. There are properties for sale for investors and retirees, vacant lots, pre-existing homes, some with large lots of land and some on smaller parcels of land.

On these tours you get to experience some of the Panamanian culture, folkloric dance, song and, of course, the food. The price which ranges in the $2,000 to $3,000 range includes all taxes, transportation in Panama, the tours and hotel accommodations. You’ll get to meet some people with the same interests as you, retiring to Panama, the friendly people of Panama and experience the life in Panama and its varied landscapes.