Despite the drumbeat of grim real estate news from elsewhere in the world, visitors at the launch party insisted that the real estate situation in Panama City, home to just over a million residents, was different — and that the city's construction boom was built on a bedrock of solid fundamentals, including an economy growing at about 7 percent a year, an influx of companies opening outposts and a wave of retired and semi-retired American homebuyers...

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CNN Money.com - Fortune
Panamania
Once a sleepy Latin American capital, Panama City has become one of the world's hottest real estate markets. How long can the fever last?
By Eliza Barclay, Fortune Magazine

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Watch an ABC Video of Panama here.
ABC News correspondent Jeffrey Kofman interviews José Bern about Panama’s booming real estate market.

Development in Panama is moving full speed ahead. The condominium market is attracting the American retiree population, as well as many other buyers from North and Latin America and investors from Europe, Asia and the Middle East. Whether investing or relocating Panama has many reasons why this region has been attracting people for several years and will it seems continue to do so.

Panama's economy has steadily increased in recent years and the Executive Board of the International Monetary Fund (IMF) concluded its Article IV consultation with Panama, which found that the economy grew a healthy 4% in real terms last year following two years of weak growth. More information below featured properties.