click the map for a larger image
Panama City is one of the most modern, cosmopolitan and
impressive cities in Latin America.
Because of its proximity to the Canal, Panama City earned the title "The Crossroads of the World," and the 450,000 residents are a mixture of all the travelers who stopped here to rest awhile and decided to stay on (or at least leave evidence of their visit behind them).
The city has a vitality similar to San Francisco, Madrid, Rio
de Janeiro, and Hong Kong. We love live in the Capital, so in
addition to our laid beach location, we maintain an
office in Panama City.
Click the link for photos and driving directions.
The word "Panama" is said to mean
"an abundance of fish" in the native Indian language, and almost
every restaurant serves items from the Atlantic or the Pacific
or the rivers in between them. With hundreds of restaurants to
choose from, you can find great Central American food as well as
meals rivaling the best dishes served in any International
Tourist guides frequently refer to Panama City as "a bargainer's
paradise" or "a shopping Mecca." Because of numerous free trade
zones, shopping is the second most popular occupation in the
city (after partying).
The Panama Canal was called "One of the seven wonders of the modern world" when it was constructed, and it is still a mighty impressive
achievement. Many visitors are surprised how much of the canal looks like a wide, slowly flowing jungle river instead of a highly mechanical system of pumping stations and locks.
One of the best places to view the canal is only an hour's drive from Panama City, in the Soberania National Park. While you are there, you will probably get to see huge turkey vultures soaring and circling overhead. These huge birds are so numerous that locals refer to them as the "Panamanian Air Force."
Things to do in Panama City:
Day life - Shopping, for a start! Everything from bond issues to boa constrictors is available in Panama! Visitors from all over the world are received and sell their products, many at duty-free prices. After shopping, tours. First and foremost, see the Canal. To visit Panama without checking out the Canal would be like visiting Niagara without seeing the Falls!
Nightlife - Casinos, restaurants, discotheques, bars, and floorshows. The rhythm of the tropics is alive and well. There are restaurants beyond your wildest dreams-you can even choose between Peking, Tokyo, or Seoul.
People - Panama has been called a melting pot, but actually it is a sancocho
pot, as in the local dish. All ingredients are there and
contributing their own flavor, but keeping their own identity in
History - Panama City has been on the move, geographically, as well as figuratively,
for the past 300 years. In fact, you could call it the world's only moveable fiesta.
To learn more about the major neighborhoods where we
recommend investment, see our Panama City detail map with more explanations of each area.
Why We Like Panama City For Investment:
-- it's close to everything. Panama City is just 30
minutes from an OK beach, 1 hour and 15 minutes to a lovely
Pacific beach, 1 hour to Caribbean beaches and scuba diving, 45
minutes to mountains and cool weather. Panama City itself
is on the water, so you can fish, boat, sail from the city
itself. Short flights to other destinations transport you
to other worlds within Panama. The PTY airport is called
the "Hub of the Americas" as so many flights to Latin and
European destinations flow through here.
2. Services -- banks,
hospitals, dentists, shopping. Panama City has everything
any major city anywhere can offer...and all nearby.
3. Day &
Nightlife -- from fine dining to casinos and discos, there's
something for everyone. Music, theatre and live performances are
regular events. During the day you can enjoy a variety of
parks and the lovely Amador Causeway, an ideal place to take a
walk and observe the ships entering the canal and a spectacular
view of the Panama City skyline.
4. Affordability -- there is
a great deal of construction going on in Panama City. There are
incredible deals to be had on pre-construction condominiums and
apartments. Financing is available through several banks,
making the monthly mortgage payments on some of these properties
fantastic deals. Where else but Panama can you get an
ocean view condo in a modern high rise for under $100,000?
Cosmo Culture -- South Americans, North Americans, Asians,
Panamanians. It's hard to know who is local and who is
a visiting businessman or second generation Panamanian in
this booming capital city. The energy, interesting mix
of foreign expats and the constant flow of global business
people makes Panama City one of the most fascinating cities