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Panama Property News

Spanish Hotel Chain Targets Panama City

Spanish Hotel Chain Targets Panama City

Barcelona-based hotel chain Evenia is investing $20 million in Panama to open a new hotel in Panama City’s El Cangero district. The Gran Evenia Panama, which is opening this month, will be the company’s first hotel in Panama. The company…

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Panama Rental Report: Vacancy Rate Shrinking

Panama Rental Report: Vacancy Rate Shrinking

The latest data from Panama Sotheby’s International Realty’s property management team shows continued growth in the rental market, which has been surging for the past year. In the top buildings, the occupancy rate is close to 95 percent, according to…

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Panama Targeting More International Conventions

Panama Targeting More International Conventions

A new wave of international conventions and events should provide an important driver for the growth of the Panama City economy in the years ahead. Fernando Fondevila, general director of the International Promotion Fund (Promtur), recently announced that local groups…

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Miami Property Investors Turning to Panama

Miami Property Investors Turning to Panama

A headline this week confirmed that Miami is now the “least affordable housing market in the U.S,” as South Florida prices continue to skyrocket.  As a result, in recent months we’ve seen a surge in savvy international property investors moving…

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