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Another excellent video from Ladislas!! Can you tell us why Panama there is so illiquid?? What's the story with the State of Emergency and migration issue??
I wrote about the whole state of emergency issue in the newsletter when introducing this video. You should sign up. It’s free. Migation: non issue. They just pass through on their way north
What about the current political unrest in Panama involving mass protests over the environmental impacts of a proposed copper mine and also the on going drought?
The problem I see with much of Panama is the housing prices. They are charging US coastal prices when they aren't the US. You're looking at a country of about 4.5 million people with maybe 1 million tourist a year. Of them, how many can afford to buy a US priced home? How many of the tourists are looking for a home in Panama, let alone a home in the area that this overpriced home is in? This is why you will see homes on the market for many years. If you want a home in Panama, you are much better off spending a few years finding property and building. It will cost you 20-25% of what people are asking for on a finished home.
