Panama Real Estate: Paradise Found in a Booming Market for Retirees, Others

With the US hurricane season approaching, $100 per barrel oil on the horizon and the nation on the verge of recession, many US and international retirees, second home purchasers and investors seeking a better quality of life are taking a serious look at the country of Panama.

Las Vegas, NV, July 17, 2006 --(PR.com)-- Once under the stranglehold of political oppression, Panama has emerged as one of the world's best retirement opportunities according to several industry leaders.  The Pinkerton Group rates Panama as one of the world's safest countries. And let's not forget the real estate boom that is in the early stages of a potential boom.  Panama Real Estate Professionals helps retirees, second home purchasers and investors identity opportunities in Panama.  "I have seen the level of interest in Panama greatly increase in the past year and especially in the last couple of months given the current state of the US economy" said Panama Real Estate Professionals principal Gary Gilbert.

With the US Dollar as the official currency, many real estate purchasers are able to buy property for one-third or more less than comparable properties in the United States and abroad.  Modern oceanfront high-rise condos dot the skyline of this cosmopolitan, world class city some compare to that of Dubai. Just a few hours away, tropical, mountain settings offer a haven for those seeking a non-city eco experience.

Most residents speak English and other world languages as Panama has become a very diverse society for those around the world seeking a better quality of life.  One of the world's largest banking centers, Panama is home to almost one hundred worldwide banks.  The Panama Canal is a tremendous asset to the country's bottom line both business and tourism-related.  World class infrastructure includes telecommunications, hospitality, and roads offering the ability to swim in two oceans all in the same day.

Under four hours to fly from Miami, Atlanta or Houston, Panama is indeed paradise found.

Gary Gilbert
Real Estate Professionals
Panamarealestateprofessional@yahoo.com
404.784.5759

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Panama Real Estate Professionals
Gary Gilbert
404.784.5759
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