PANAMA CITY (RE Purchases) Punta Pacifica

[RONALD PORTER]

I am interested in buying higher end condominium in the Punta Pacifica area. Any good leads as to available units. I understand that there are deals for all cash buyers as a lot of units were built over a short time. Perhaps OVERBUILT??

[COUNTRY EXPERT- JESSICA RAMESCH]

Dear Ronald,

Thank you for your inquiry. International Living takes pride in being your best resource for information about life as an expat, both in Panama and other locations around the world.

Real estate: International Living does not sell or broker real estate or rentals, so for real estate queries, contact Pathfinder International Real Estate, exclusive real estate marketer to International Living:

Pathfinder International Real Estate
Tura Murdock
tmurdock@pathfinderinternational.net
info@pathfinderinternational.net
Website: http://www.pathfinderinternational.net

Yes, there are a lot of units in the Punta Pacifica area, but owners seem to be content to hang on to them until they get a buyer willing to pay their asking price. This means that there are not a great deal of fire sales in that area of Panama City. Certainly one can put boots on the ground and perhaps uncover a good deal with a bit of detective work, but it does take a bit of networking and asking around for the aforementioned reasons.

[Author]

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