Friday, March 29, 2024

Logo Central America Link

Panama's real-estate boom follows Miami style

Monday, November 26, 2012


Although Miami is nearly 1,200 miles from Panama City, the real estate markets of the two cities share certain similarities.

Both went through booms and overbuilding and then had way too many empty condominiums.

Wealthy Latin American buyers were a salvation in both cities when traditional segments of the market fell off.




Source: Miami Herald