The Key is to Buy at Pre-Sale Pricing
Panama real estate is red hot! We have read this from sources like ABC Nightline, The New York Times, The Washington Post, International Living, and the Wall Street Journal, to name just a few briefly. And if it is true that in Dubai you will find most of the Worlds construction cranes then Panama must be the second skyline filled with cranes. There's construction everywhere. However if you try to book a hotel room in Panama City chances are you won't find one. Recently the minister of tourism Ruben Blades published a report stating that there are only 17,000 hotel rooms in Panama, not quite enough for the double digits growth in tourism to the country. He stated that there is a deficit in hotel rooms of more than 20,000 rooms. And although we have a list of New Hotels that are in development in Panama, the demand is still higher than the supply. And we all know what that represents.
Even if we take into account All the New Hotels & rooms currently in development in Panama: |