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Penonomé, Panama

Penonome (Peh-no-no-MEH) is the capital of Panama's Cocle Province.  Cocle is a major agricultural center for the central provinces with a lot of its products used to supply Panama.

Although the agricultural products are rather varied, we could say that tomatoes and sugar are their major products.

It is also developing as a tourist destination thanks to natural beauty such as waterfalls, rolling hills, curiously geometric mountains and abundance of wildlife.  Spanish architecture is a noticeable reminder of Penonome's rich history and importance during Colonial times.

Why do we like Penonome for investment?

1. Weather:  The warm, dry climate is probably the most suitable year-round climate for beach tourism in Panama.

2. Location:  It is situated just 1 hour 15 mins. from Panama City, making it the closest, high-quality beach in the country.  Highly accessible, the Pan-American Highway passes directly through this area.

3. Infrastructure:  Because this region has always been a popular weekend getaway location for Panama City residents, there is a nice tourism infrastructure (restaurants, B&Bs) to be enjoyed by investors or retirees.

 

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