What are the types of commercial real estate development.
Commercial property development types are based on the purpose, design, and usage of the buildings, which can range from office buildings suitable for single or multiple businesses, often with common areas, mixed use and shared facilities.
Retail type developments in France encompass retail stores, restaurants, and entertainment venues, usually located in suburban areas, often within a row of stores along a parking lots.
On the larger scale industrial properties such as warehouse space used for goods and inventory, often featuring high ceilings and loading docks. Manufacturing plants designed for the production of goods and products, and distribution centers for goods are stored temporarily before being distributed to stores or customers.
Hotels and Motels also come under the commercial development category, offering lodging services, often with additional amenities like restaurants, conference rooms, and pools.
Medical and healthcare developments including emergency services and specialized care, designed for medical practices, such as dentists, physiotherapists, or general practitioners.
On the entertainment side of real estate development are cinemas, theaters, stadiums, arenas, and recreational centers built for events and athletic activities.
Each type of commercial property development in France involves its own set of considerations, such as zoning regulations, financing methods, and market demand. Developers typically assess factors like location, potential tenant demand, and the overall economic climate before proceeding with a development project.
Why Buy or Invest in New Real Estate Developments in Panama.
Panama is at the crossroads of North and South America, with direct access to both the Pacific Ocean and the Caribbean Sea. This makes it a strategic location for businesses and trade. For real estate investors, the country's position provides access to global markets, making it an attractive hub for international businesses and tourists.
Panama offers a range of tax incentives, especially for foreign investors, making it a tax-friendly jurisdiction for real estate purchases. For example, there are tax exemptions for new construction properties under certain conditions. Additionally, Panama’s territorial tax system only taxes income earned within the country, which benefits foreign investors.
Panama is home to a large and growing expat community due to its affordable cost of living, favorable climate, and ease of access to healthcare. This demand for properties from expatriates is pushing the growth of both residential and commercial real estate markets, offering investors opportunities to cater to this demographic.
The Panamanian government has been focusing on large-scale infrastructure projects, including highways, bridges, and public transit systems. These projects improve accessibility to remote areas and enhance property values in those regions. The expansion of the metro system in Panama City, for example, opens up new opportunities for investment in residential properties.
