It was time for me to go to Bocas del Toro to check out the real esate in the town. We drove to Almirante and took the ferry. Stayed for a week. You can do this when you retire in Panama. I don’t have a schedule. I refuse to have a schedule for the rest of my retirement. I am not rushing anywhere. I do not have a schedule, that's my rule. I might make it to catch a plane but that's about it.
The Bocas del Toro archipelago, located amidst spectacular scenery in the northwestern part of Panama is a favorite with tourists and people from around the world wanting to retire in Panama. The natural beauty of the place is such that almost anyone would be enticed to settle down here. No wonder Bocas del Toro real estate is among the most sought after in Panama. As a matter of fact, Panama real estate, whatever may be the part of the country, is in great demand these days. Even with the world wide recession. The good news I found is that there are plenty of properties in Bocas del Toro that are still available, including condos and single family dwellings.
Although you can easily find details about properties in Bocas del Toro, you should always make it a point to visit the place in person which I did, before I make a purchase decision. Since a lot of paperwork is involved in the process, I did a bit of online research on Bocas, the construction companies and the real estate firms I might deal with. You should not take any decision in haste. I didn’t. Time is my friend. Shopping around is the key to finding the right Bocas del Toro real estate. Real estate agents are a good source of information but try to have contact with more than just one agent. I do. It’s good to get different information from different sources. Try and have a look at as many properties up for sale, as possible and that’s what I’m doing. This is the best way to clinch the right deal when it comes to Panama real estate.
Life here has the Latin American spirit but English is spoken widely. I still believe if you are going to live here, you should learn Spanish. Bocas del Toro has been growing into a new vacation destination for people looking to escape the cold winters of the north. It offers some of the best priced beach front properties in the world. So we went to take a look.
For a little bit of history for you, it's a diverse place and Bocas is the home for at least two of the indigenous peoples. You can visit their villages by invitation when you go there. See how they have lived for 1000’s of years. The villages are located within Bastimentos National Marine Park, one of Panama’s national parks.
The town of Bocas situated on the south eastern tip of Isla Colon and has a modern infrastructure, with a treated water system, paved streets, a hospital with ambulance service, restaurants, a few new hotels, internet services, cable TV, and even a fire department. How do you get to Bocas? Travel is easy, either by air, land or sea. You can catch one of several flights from Panama City. There is also a water taxi service from Almirante or you can drive your car and take the ferry from Almirante. Like I said, we drove and took the ferry. I wanted to soak in the scenery so I took the scenic root. I am not in the habit of rushing anymore.
On the islands with their beautiful beaches, you can witness the rainforests and all the tropical wildlife and greenery. The birds and mammals (turtles), mangroves, and coral reefs are spectacular. We spent some time there snorkeling close to Cayo Nancy. Watched the surfers at Punch Beach. Walked along the beaches for miles and miles. Visited one of the most beautiful beaches in the world with the strange name of Red Frog Beach. Took pictures. Ate one of the best Panama meals I’ve had at a little restaurant called Guari Guari. Meal was about $20, tons of food. Delicious!
There has been a real estate boom in Bocas, along with a quick growth in tourism to Bocas del Toro. Real estate prices have risen as a result but you can still find some good buys if you are looking to retire in Panama. You have to check out the Bocas del Toro real estate.
Showing posts with label real estate prices in Panama. Show all posts
Showing posts with label real estate prices in Panama. Show all posts
Saturday, July 25, 2009
Friday, December 26, 2008
Panama Retirement The Perfect Destination
More and more people getting on in life prefer retirement in Panama. The low cost of living and the wonderful scenery are among the contributing factors for this trend. High cost of retirement in places such as the United States of America and Europe is driving a large number of people to look for other foreign destinations. While there are many places which can rival Panama when it comes to natural splendor, the country has comparatively got some other advantages, making it a favorite with retirees.
The popularity of the country can be gauged from the fact that the country has been voted the number one destination for retirement for the last seven consecutive years. For many, the clinching factors, apart from the low cost of living, are the endless miles of beautiful beaches that the country has. This apart, the landscape of Panama also boasts of many mountainous regions too. The weather too is just about perfect, with year round sunshine on offer. There is a rainy season, but you will find even in the rainy season, it will perhaps just rain for a few hours in the morning.
Although there are other places with similar weather in Central and South America, what makes Panama different is that it offers a unique combination of excellent infrastructure, safety and solitude. For those wanting to spend the last years of their lives in a peaceful paradise, there could not be a better place to choose than Panama.
All said and done, most people flock to Panama because of its low cost of living. A comparison of the real estate prices in Panama in relation to some parts of the United States and Europe would give you a good idea about how cheap this country really is. For example, a house with your own private swimming pool would cost you around $100,000 - $200,000. This is something that is next to impossible in many European countries or in the United States. Similarly, you can watch a movie in a modern cinema complex for just $4 and an average ride in a taxi would only set you back by $2, things which you can’t even imagine in many other countries, offering so many facilities.
Panama boasts of world-class health care facilities which are another reason for the country being a preferred choice of retirees. The infrastructure is modern with many beautiful shopping malls dotting the skyline in the capital, Panama City. The country is also one of the most important banking centers around the world. With the Panama Canal being of high economic and strategic value, the country’s economy is only predicted to become even better in the near future. To put it in a nutshell, a Panama retirement is something that you cannot find in any other place on the planet.
The popularity of the country can be gauged from the fact that the country has been voted the number one destination for retirement for the last seven consecutive years. For many, the clinching factors, apart from the low cost of living, are the endless miles of beautiful beaches that the country has. This apart, the landscape of Panama also boasts of many mountainous regions too. The weather too is just about perfect, with year round sunshine on offer. There is a rainy season, but you will find even in the rainy season, it will perhaps just rain for a few hours in the morning.
Although there are other places with similar weather in Central and South America, what makes Panama different is that it offers a unique combination of excellent infrastructure, safety and solitude. For those wanting to spend the last years of their lives in a peaceful paradise, there could not be a better place to choose than Panama.
All said and done, most people flock to Panama because of its low cost of living. A comparison of the real estate prices in Panama in relation to some parts of the United States and Europe would give you a good idea about how cheap this country really is. For example, a house with your own private swimming pool would cost you around $100,000 - $200,000. This is something that is next to impossible in many European countries or in the United States. Similarly, you can watch a movie in a modern cinema complex for just $4 and an average ride in a taxi would only set you back by $2, things which you can’t even imagine in many other countries, offering so many facilities.
Panama boasts of world-class health care facilities which are another reason for the country being a preferred choice of retirees. The infrastructure is modern with many beautiful shopping malls dotting the skyline in the capital, Panama City. The country is also one of the most important banking centers around the world. With the Panama Canal being of high economic and strategic value, the country’s economy is only predicted to become even better in the near future. To put it in a nutshell, a Panama retirement is something that you cannot find in any other place on the planet.
Subscribe to:
Posts (Atom)
