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- Henry Spierer, Editor for The New York Times
But just think — don’t you wish you had located Maui before it exploded into Hiltons and Marriotts? Imagine Costa Rica back in the 1970s when hotspots like Tamarindo and Manuel Antonio were no more than hushed beach towns where beers cost a quarter? Do you remember Cabo San Lucas or Cozumel or even Cancun before they all decided to go Hollywood? Then don’t be discouraged — Panama is an exciting and rewarding real estate market, and deservedly so. Along with the best infrastructure, the tallest buildings, and the fastest-growing economy in Central America, Panama also boasts first-rate health care, rich culture, and abundant untapped resources. But why, in a market that seems so right, are investors making so many wrong decisions? Find out the answer to this and other important questions in The Panama Real Estate Report, and get the real story on this hot market that is set to spark the international real estate world ablaze. In this eBook, American expat and self-proclaimed real estate cynic Matt Landau explores the kind of subjects most so-called “real estate experts” wouldn’t dare touch on. |
"(Matt Landau
is my) go-to man in Panama; an unimpeachable authority on the inside track
of business, real estate, and the good life."
Most visitors are amazed by the modernity of Panama City with its diverse restaurant scene, trendy nightlife, and first-rate shopping. From tall, shiny condo buildings that rise over the bay, to lush, luxurious rainforest and beach development projects, it can be easy to get caught up in the hype that says “buy, buy, buy!” As they encounter more of Panama’s various investment opportunities, most first-timers grow the sort of smile normally reserved for the SALE racks at Nordstrom, and the feeling that they’ve gotten in before the real rush. However, this feeling often leads to rash decisions, and while there’s not a whole lot you can do wrong in today’s Panama real estate market, wide-eyed newbies in the tropics always find a way. The Panama Real Estate Report is perhaps the only guide to buying real estate that’s not trying, in the same breath, to sell you property! Instead, it dares to warn you of the numerous pitfalls and honestly escorts you in the direction of sensible and lucrative investments. During a search for information on buying Panama real estate, most investors come across a heap of useless findings — from slanted articles that make the process seem easier than eating a concord grape, to glossy publications laden with lustrous pictures at every airport and hotel, usually photos of gringos dressed in Banana Republic outfits and smiling as if to say“investment in Panama is worry-free!” Very rarely do you find information that’s straightforward or information that’s 100% honest. It can be easy to overlook the fact that no multiple listing service exists in Panama, but it’s a deficit that can make it virtually impossible to compare one property to the next. It can be easy to trust the unregulated hordes of locals and expats parading around as real estate agents trying to persuade you to kick a commission check their way. Factor in obscure Panamanian laws, crafty scam artists, and the newcomer’s relative inexperience to Panamanian culture, and the first-time investor is faced with a troublesome and confusing puzzle. What is The Panama Real Estate Report?
Having accumulated hundreds of emails requesting advice on investment over the past years, Landau not only perceives the excitement that’s associated with buying real estate in Panama as a foreigner, but also recognizes the concerns. He eventually decided that a more thorough resource needed to be created: something more complete and reliable than the generic “Investing in Paradise” brochure handed out on every corner. His report is not meant to be discouraging by any means. Landau professes many times his serious love affair with the country that he’s called home now for years. But he is realistic in acknowledging that Panama, like many great things, does have its downfalls. After hearing friends in the Panama real estate business lament about certain facets of their industry, Landau has finally decided to lay it wide open, revealing the disgraces, failures, and straight-up flaws in the system he’s come to know quite well. He knows because he experienced it several years back as an agent himself, and the result is Panama’s most honest and well-researched real estate guide. The Panama Real Estate Report is the first of its kind. "Matt touches subjects that others shy away from...fair and accurate portrayals of the truth" - Lucy Haines, Panama Realtor He starts with a brief review (humbly referred to as “Panama 101”), going over general themes and citing common traps to watch out for, before he segues into a section containing pieces on each of Panama’s provinces. This chapter, unlike anything you’ll find in a guidebook, stresses the nation’s strengths just as much as it points out its weaknesses. Are you wondering where you can find dirt cheap rainforest land, or what’s the most profitable use of your $200,000? Are you divided between buying pre-construction or re-sale condos? Look no further -- your answers have arrived. The next chapters examine the process of finding a broker, and renting versus buying. These are surprisingly confusing subjects in Panama which Landau skillfully undertakes. The information found here is entirely divergent from common real estate advice offered by the country’s so-called professionals. It also varies from the advice you’ll get in neighboring countries like Costa Rica. It’s simply unlike any of the other so-called “real estate guides” found in Panama to date. The report goes on to discuss different types of land investments, a rapidly emergent option for today’s investor. By simplifying the buying process and clarifying subtle nuances, this eBook essentially offers a “Short Course in Panama Real Estate” that will be much appreciated by neophytes and experienced investors alike. The remaining chapters cover crucial topics like construction, title insurance, corporations and taxes, and property management. Perhaps the report’s most insightful chapter discusses common (and not so common) mistakes for the first-time investor. "A Panamanian
myself, I am constantly amazed by Matt's insider knowledge and x-ray understanding
of real estate in this country"
The Panama Real Estate Report will be of great value to all — from the rookie tourist simply poking around for ideas, to the seasoned Panama investor who’ll undoubtedly discover some new tricks. This special report is rounded Landau, with his fresh writing style, unique perspective, and full disclosure of the facts provides us with a behind-the-scenes look into a market that at first glance appears to be worry-free. Readers of his report will learn better, and if you’re already investing or planning to take the plunge into Panama real estate, getting this eBook should be your next smartest move. |
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