Samuel Strauch looks at various reasons why Panama is able to attract so many international players who are willing to build homes, as well as offices besides hotels here.
One reason is that Panama has prices that are more accessible prices than those of Miami, besides others. It has a good future too. This is why people are investing here for a second or a third house. They can get one facing the sea along with all the comfort as well as equipped with the latest technology. Hence this city is fast becoming a hot destination for foreigners who are coming in from different parts of the world to make their investments here.
Samuel Strauch is the president of Affinity International Realty. He explains that his decision to invest in projects here is because of the strong demographic as well as economic growth of this area. People can have a home here for their holidays. Or else they can have a permanent house here.
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The future for Panama is looking very bright. This is because the country is going through a positive change. There appears to be a strong recovery. All this is being reflected in various areas of Real Estate. Samuel Strauch says that most of those who are choosing Panama today are Americans who have retired. They would now like to enjoy their free time. In addition, they are looking for access to restaurants, and shopping malls besides transportation where they can get attractive discounts.
Another factor is the accessible cost of living that is attracting a lot of Mexicans here. According to Samuel Strauch, it is the Venezuelans who are willing to put their money here. This is mainly for political reasons. They decide to emigrate from their country in order to live safely in a place that has a stable economy.
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