Comparing Panama’s economy to the similar countries around the world, we could infer that the local rental business market still has future potential for growth.
Capital.com.pa notices that such positive economy trend keeps bringing investors into the country, who understand the possibilities and make necessary efforts in real estate market.
Potential deficiency at the moment is approximately 150,000 units. Annual growth rate is at 15%, and there are signs of that the rate will accelerate.
The investors are vivid and active due to several reasons. Until now the middle class has had very limited access to banking funding the real estate. So there is a delayed demand which requires more units and higher constructions paces. The real estate is also a long-term investment, and it is very possible that it wouldn’t lose its attractiveness for a long time.
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