The best way to shop for Panama real estate is to come visit.
Panama has three distinct experiences: city, beach and mountain. Start in Panama City and tour the infamous canal and charming historic district of Casco Viejo. Then, take one of the six daily, 50 minute flights to David. From there you can head up into the cloud forests of Boquete to tour a coffee plantation and zipline through the jungle canopy. Finally, it’s time to relax in Panama’s most promising new real estate haven – the pristine islands in the Gulf of Chiriqui. There is no greater relaxation than to come home to a sumptuously designed oceanfront home, like those that will be at The Resort at Isla Palenque, a promising new Panama real estate project on Panama island property, Isla Palenque. Unlike the thriving capital city and other touristy areas, Chiriqui is quiet, largely undiscovered corner of Panama that offers the best of adventure sporting, private beaches and pristine tropical forest.
A once in a lifetime experience: With pre-construction pricing being offered now, do not miss out on the best Panama real estate opportunity in the Gulf of Chiriqui. Tour an island property like Isla Palenque on your trip and see for yourself what a peerless place it is. From the city of David a trusty guide will take you to the port of Pedregal, just a couple miles from the airport. There you’ll board the boat for a gorgeous one hour voyage, first through rare mangroves rich with wildlife, then out into the sparkling Gulf of Chiriqui to Isla Palenque, where you’ll see the island in its raw, natural state. You can enjoy the beach, explore the jungle – even hike to see some future home sites. An al fresco meal on the beach will bring your island visit to a close. If you choose to spend some time exploring the area, contact Isla Palenque to discuss further details.
What You Need
Anyone traveling to Panama will need a passport valid for at least 3 months from your travel date and a tourist card OR a multiple entry visa. Tourist Cards can be easily purchased at the airport in Panama before clearing customs for $5. Multiple Entry Visas can be purchased from a Panamanian embassy or consulate prior to travel.Travelers can stay in Panama for up to 90 days. In order to stay longer, a ‘change of migratory status visa’ should be requested through a Panamanian lawyer before the expiration of the 90 days in the country ($250 fee for the ‘change of migratory status visa’)
Panama is located less than three-hours from Miami and with direct flights to many major North American cities.
Airlines that fly from the U.S. to Panama:
American Airlines - Dallas/Fort Worth, Miami
Continental Airlines – Houston-Intercontinental, Newark
Copa Airlines -Los Angeles, Miami, New York-JFK, Orlando, Washington-Dulles
Delta Air Lines – Atlanta
Spirit Airlines – Fort Lauderdale
Chiriqui: An Emerging Tourism Destination
Bordering Costa Rica on the Pacific Coast, Panama’s Chiriqui Province is emerging as a popular vacation home destination – especially the Gulf of Chiriqui, which contains a wide variety of adventure vacation opportunities. Long a favorite of sport fishermen and backpackers, this location is now being discovered by mainstream vacationers, sparking interest in resort developments of all kinds.
David is the capital of the Chiriqui Province and gateway to the islands in the Gulf of Chiriqui where Isla Palenque lies.
“After 30 years in Costa Rica’s Guanacaste Province, my choice in Panama to invest would be the coastal region of the Province of Chiriqui,” says Jim Procter of Panama Guru. “It already has an international airport, the sport fishing is as good as it gets on the Central American coast, and it offers westerly views with sunsets over the islands speckled around the Gulf of Chiriqui. Boutique hotels are slowly sprouting up so that’s where my chunk of cash would go.”
David Airport: Expansion is Underway
In early 2007, Gregorio Montecer, Engineer and Advisor to the Director of the Civil Aeronautical Authority, unveiled a $10 million expansion plan for the David airport to be completed by 2015. Upon the conclusion of the first phase of the project – a $2 million investment to be completed this year – the upgrades to the runway will allow the David airport to accommodate commercial jets as large as a Boeing 737. Local developers have begun discussions among each other and with Panama’s tourism authority about how to leverage these upgrades into regular international flights.
“This area has seen a vast improvement of physical, economic, and social infrastructures in recent years,” says Ben Loomis, President of Amble Resorts, which is currently planning the development of a new eco resort in the Gulf of Chiriqui, the Resort at Isla Palenque. “In addition to the airport expansion, roads are being improved and new, high-quality health care facilities are being built. This expansive growth plus its incredible natural beauty makes the Gulf of Chiriqui an ideal location for our new island resort.”
Construction is in progress to expand David’s Enrique Malek Airport (DAV) into a larger facility. This expansion will allow for increased international traffic and larger aircraft, making possible direct regular flights from the U.S. and Canada. The airport, currently receiving up to 1,800 passengers per week, has already added regular international flights within Central America and charter flights from the US. We’ll post updates on the expansion on our blog as information becomes available.
Six Places You Never Thought You Could Afford – USA Today: http://www.usatoday.com/travel/deals/inside/2010-04-01-six-affordable-hot-spots_N.htm
Which Panama is Right for You? – CNN.com/Budget Travel: http://edition.cnn.com/2009/TRAVEL/getaways/09/25/panama.travel/?imw=Y