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Duane Lee

Attention all real estate agents and brokers: Panama Real Estate Opportunity

We have seen a big change in real estate in the past 2 years. Friends of mine who were investing heavily in Oshawa and Toronto real estate have seen dramatic losses recently, and our associates in the Orlando and Davenport area have really seen the bottom fall out of prices. Many investors are waiting for the "bottom" before coming back into the market, so this leaves many brokers in the situation of too much inventory, too little buyers. This is where Panama becomes a great option. I have been living and working in Panama for 3 years and am happy to report that there is still a boom going on. Higher end condo prices have finally settled down and are remaining flat, whereas there are still very good gains to be made on vacant building lots, beach villas, and rental properties. There are building lots for sale for as low as $20,000 and beach homes starting at $130,000. There are huge parcels of land available where it can easily be sub-divided and sold for a great return. Now is the time to help your clients find that nice little vacation home, buy an income producing rental property, or invest in some land. Panama guarantees the same property rights to all, foreign or domestic, and there are many tax advantages there as well. My partner is a tax attorney and is available to answer all your clients questions in this regard. Our company also operates a management division and can help any buyers rent out their home when not being used if needed. Panama has a 20 year property tax exemption for foreign buyers as well, so carrying costs are low. Now is the time to look at expanding your portfolio with our listings. Contact me today to find out more about this great opportunity.

Tags: panama

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LAWRENCE PEARCE Comment by LAWRENCE PEARCE on January 17, 2009 at 12:18am
Thank you Duane, I think it is all about attitude! The whole world is in crisis, but that is what the news says! I still slice away & sell weekly, as I am on the ground continually searching for opportunities which I sieze with both hands! I have a similar situation here in South Africa, with similar prices too! My duplex townhouses, 3 x Bedroom, 2 x Bathroom, 2 x Garages with own garden sell from R 725 000.00 South African Rand / Approximate US$ rate used $10.00 = $ 72 500.00. I think we can really do good business? Regards, Lawrence
Have a look at my website: www.aida.co.za

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