Luxury residential projects come in various types, each designed to offer high-end living experiences tailored to different tastes, lifestyles, and preferences.
Luxury high-rise condominium buildings with panoramic views of city scapes or natural landscapes, to luxury villas, often located in private, gated communities or resort-style developments.
Gated communities provide neighborhoods that offer a range of property types from single-family homes, townhouses, to condos typically with shared amenities, privacy, security, and often located in suburban or semi-rural locations.
Resort-style developments, geared to mimic typical vacation resort, and often located in destinations known for their scenic beauty or recreational opportunities, can comprise of estate homes, luxury villas and apartments.
Penthouses are ultra-luxurious, built for ultra-wealthy individuals, who like top-floor residences in high-rise buildings that offer maximum privacy and stunning views of the city.
Mansion-style estates encompass opulent homes often set on vast estates, combining grandeur with ultimate privacy and security, and offer the ultimate in privacy, space, and luxury living.
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.
