Hassle Free Investing in Panama
One of the best places for retirement or investing in Central America has to be Panama. Real estate agencies, government programs to promote retirement and investing in Panama are in place and on solid ground. Panama wants you to come and see for yourself. The prices are good because of the world recession. Now is the time to buy. The following notice comes from Panama Equity at www.panamaequity.com.
Fantastic returns on rental properties are a reality in Panama
"For some, investing in a foreign country is a daunting prospect. How will I protect and manage my investment? Who will find the tenant and collect the rent? What will my expenses be? What if I would like to use the property for part of the year?
Anyone who's been following Panama knows that this small country is experiencing exponential growth and has one of the worlds sturdiest economies. It's not a real estate boom here in Panama, it's a country boom.
Real estate returns have been performing consistently over the past 3-4 years, and if you can get in at the right price in the right area, annual cash flow net returns of between 7-8% are still very much possible and likely to sustain. The Panama Canal expansion project continues to be a major source of high-end clients, the duration of which is expected to be 4-5 years minimum. Add to that the increasing numbers of business moving to Panama as well as major influx of renters from countries like Venezuela, Colombia, and even Mexico.
We are now offering total turn-key property ownership: from acquisition of the property, to registration of the public deed, to finding a tenant, to full service property management including bill pay and rental deposit. The only thing you'll have to handle is figuring out how to spend your rental income!
Rental properties start at around $120,000."
Photo courtesy of www.panamaequity.com
