caribbean panama real estate


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Two main Panama seasons: the dry summer spell spanning over four months from December to April is the major tourist season over the wet rainy season that runs from may to November. This applies many to the Pacific Southern Part of Panama. Panama being a typical tropical climate, rarely receives extensive spells of rain. Rather a heavy shower followed by a bright sunshine is more common. While towards the Caribbean side downpours are rather common, but reduced during the months of February/March & September/October. Darien receives the maximum rainfall in Panama. The lowlands and the beaches are normally hotter, with mercury levels recording between 21 and 32 degrees centigrade. The mountains and foothills are cooler with temperature lying between 10 and 18 degrees. Panama is located below the Hurricane belt. Panama has lately attracted serious interest worldwide as an ideal tourist spot, thereby extending the tourist season over a few more months.

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The leading market player in real estate business: Btesh Virzi, a bigwig developer is the major player in the Panamanian construction business. It has been a year they have come up big in the construction business as in no time they have erected six towers, all alongside each other, each with a beautiful oceanfront view, but none sold out. They have built these towers more rapidly by sharing gears & tools and solving problems of logistics associated with numerous but non-contiguous locations. Interested ones could look up their advertising handouts & leaflets that are published in English journals circulated in Panama.


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