Panama property could offer spectacular growth
Tuesday, January 13 2009 @ 05:33 PM EST
Contributed by: Don Winner
Between mid-2006 and mid-2008 property prices in Panama City were up by an amazing 48 per cent, and there are expectations that similar growth can be seen again, especially on off-plan developments. There are not many investments that can boast such growth.
The off-plan condo development at Bala Beach is alongside one of Panama’s best beaches – Maria Chiquita Beach. One bedroom apartments on the development start from only £55,500.
The first phase of development here includes two 11-storey buildings around a central pool, and closed to the beach.
The development will combine top class facilities with superb natural surroundings. Amenities will include tennis courts, health club and spa, swimming pools, beach volleyball and basketball courts, and a 24-hour concierge.
If you’re looking for an interesting overseas development with great growth potential, then developments in Panama could offer you more than most.