Analysis of trends and opportunities for investors in the real estate market of Panama, by Grupo PREIC
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Published: 02 December 2024
With very good projections for sustainable and long term economic growth, Panama has become a meeting point for savvy investors in the real estate sector. With extensive experience in the real estate market of Panama, Grupo PREIC provides high-level advisory services based on trend analysis and investment opportunities in both the residential and commercial sectors.
The company also stands out for its financial advisory services, legal advisory, property management, and asset valuation, among other high value-added services.
Comprehensive evolution
Founded in 2006, Grupo PREIC has evolved beyond the barriers of the traditional market and adapted to the new digital era through impeccable proptech and legaltech management and execution. These innovations not only shorten time and distance and save money but also allow for the immediate execution of real estate opportunities, whether residential, leisure or commercial.
Luxury apartments or houses in the city center, sea villas, tourism complexes, gated communities, eco-friendly accommodations, retail spaces in shopping centers, and many other properties are excellent alternatives as investments in this real estate segment. In this regard, Panama offers unmatched stability and a strategic location for international trade. Additionally, the country is a popular destination for vacation residences, featuring a tropical climate, idyllic beaches, rich natural beauty, and a multicultural society that enhances a cosmopolitan environment.
All these aspects are evidenced by the country’s GDP which has tripled over the last 2 decades driven by a diversified economy that outperforms other countries in the region, with investments in urban development and infrastructure along with excellent prospects for the next decade. Furthermore, its stable political environment has attracted considerable foreign investment with laws and financial measures that promote real estate investment, such as the exemption from property tax for a predetermined period.
A broad professional team covering key aspects of each transaction
Grupo PREIC, led by its CEO Arturo Enrique Miranda Castillo, has a team of over 50 professionals and more than 600 third-party properties for sale, rent, or management, handling the administrative, financial and legal aspects of each transaction.
The professional services of this local brand with international reach ensure qualified intermediation not only in the real estate market of Panama but also in financial advisory, asset valuation, private financing, mediation, accounting, auditing, and much more.
