Real estate booms in Panama West
Friday, February 24, 2017
![](https://www.centralamericalink.com/storage/images/2017/02/07/201702241909260.inmobiliario-cancun.jpg)
he value of building permits processed five years ago in the Panama City districts of La Chorrera and Arraiján amounted to $208 million, but at the end of 2016 it was estimated at $313 million.
The development of the area, known as Panama West, has led to an increase land values, which range from $5 to $200 per square meter depending on the type of project or housing.
Source: Newsroom Panama