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It is no secret that Panama real estate has become sought after beach property given its location, natural beauty and strong economic outlook. Within the Central American region, Panama real estate outperforms in so many ways Costa Rica, Honduras, Nicaragua, and Colombia. Visitors that take a Panama Vacation can enjoy cosmopolitan Panama City, colonial era ruins, expansive white sand beaches in Bocas Del Toro, cool mountain highlands, tour the Panama Canal and pristine rainforest ecosystems. Those looking to capitalize on Panama's long-term growth prospects are taking advantage of current Panama real estate investment opportunities. Foreign investors wanting to buy Panama real estate have the same rights as Panamanians and property is generally titled. Title insurance can be purchased and traditional mortgages are readily available through sophisticated international banks. Something that is making Panama Real Estate and its beach property so attractive is that it continues to develop as not only a vacation destination but also as an attractive destination for retirees and investors, similar to what Costa Rica has already experienced. A comprehensive incentive program for retirees is available and many retirees are taking advantage of the lower cost of living and year round average temperatures of about 80 degrees. For foreign investors looking at Panama real estate, the US dollar based economy, Free Trade Zone, and international banking center are all attributes to consider. Major banks such as HSBC, Scotia Bank and Citibank all have established franchises in Panama. It is frequently said that Panama has aspirations to be the "Singapore" of the region and with its inherent assets, location, economic and political stability, Panama Real Estate is likely to be a terrific investment for long-term investors. Bastimentos Island has the region's best beaches- wide, straw colored strands with those impossible aquamarine waters. Red Frog beach is the most accessible and it is named after the diminutive red frogs that are abundant in the undergrowth around the beach and throughout the island. The jungle that frames these beaches is as special as these beaches. Verdant, lush and with a fantastically diverse ecosystem, it is no surprise that the preserves in the region have been named a world heritage site. The din of birdcalls and cicadas can be heard on the beach and the walking trails on the island and the sight of pelicans and frigate birds lazily wheel above adds a peaceful backdrop to warm waters of the Caribbean. Bastimentos island has additional attractions that render it well worth the 10 minute boat from Bocas town. The leeward side of the island enjoys smooth glass like waters that are dotted by mangrove stands. The final result of this Panama Beach Resort in Bocas Del Toro will be over 168 acres, nearly 1 mile of beachfront, and 500 meters of seafront. Red Frog Beach will eventually include over 110 villas, a beach club, spa, workout facility, canopy zip line, nature trails, and restaurants.
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