Panama Paradise - Condos starting at $32,900!

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Living in Panama:

Familiar services and the comforts of home are important when living in another country and in Panama, you will never feel far from home.Because of Panama’s long association with America, no other country on earth fits the bill better. Panama has a distinctive and delightful Latin culture with some of the most helpful and friendliest people anywhere.

Panama is easy to get to from the USA or Canada. There are daily non-stop flights to Panama City from six major US airports and soon to David as well when the currently underway Airport expansion program is completed.

A US dollar based currency is a convenience that cannot be overstated – it makes daily life hassle free and is an important factor in a stable Panamanian economy and lower inflation, making it possible for Panama to trade strongly with its neighbors.

Excellent communication, pure tap water and dependable utilities, uncommon in most Latin American countries are other important reasons for living in Panama.

Panamanian construction employs many highly qualified and skilled workers, from the architects, engineers and tradesmen down to the common laborers. You will be pleasantly surprised by our high quality and workmanship of construction.

It is said that “Panama has always been a beautiful child in terms of the world’s tourist destinations – a Peter Pan in a Never, Never Land” and is referred to by the tourism office as ‘the road less travelled’. “But times are changing and Peter pan is growing up.” - Focus Publications (Int.), S.A.

Living in David:

David is located just 45 minutes east of the Panama/Costa Rican border and about six hours west of Panama City; or by air, 50 minutes from Panama City to David. The city is one half hour from beaches to the south or the mountains to the north, and ten minutes from Pedrigal where you can moor your boat.

One great feature of David is that it’s a very safe place to live. People who know have made Panama a top rated retirement spot for the past six years. David is quiet, peaceful and close to nature, as well as a bustling agricultural center renowned for fresh fruit and vegetables sold at numerous outdoor markets around the city. Pineapples, bananas, melons, papayas, mangoes, oranges and delectable avocados are all locally grown. Chiriquí province is also well known for its rice, sugar, livestock, poultry, dairy products, seafood and mountain grown coffee.

For consumers this translates into a cornucopia of choices at local markets and ‘Supers’ located throughout the city. David is also a major government, commercial and distribution hub creating Panama’s second most important economy after Panama City.

David is probably the best smaller city in Central America to live in. The local retail businesses and new construction in David are booming! David has always offered everything you need to live a comfortable lifestyle, and is just getting better. There is a wide selection of consumer goods from clothing to electronics to automobiles. You will find virtually everything at below the cost of similar goods in the USA or other Central American countries.

For example, you can still buy a pop in David for 30 cents or ice cream cone for 50 cents. A beer is 50 and a bar drink is 60 to 75 cents. Bananas are 2 for a nickel and papaya 20 cents a pound. A good lunch will cost you $1.00 to $2.50 or a nice evening meal is $4.00 to $7.00. A 10% tip is considered huge and the bag-boy at the Supermarket will carry out your groceries for a 25 cent tip. Monthly cost of living in David is about 50% lower than Panama City and you might spend $200 on food.

Construction sites are blossoming all over David. Work is underway on three hotels, several commercial centers, two shopping malls, two banks and numerous residential projects including the Cuesta del Sol Condominiums.

In the past year we have seen development in many new and old businesses. Along with David, neighboring communities like Boquete, Vulcan and others have all had a surge in retail, tourism, commercial activity and housing.

Foreign residents to Panama are arriving by the thousands each year, drawn by the pleasing climate, low cost of living and low cost medical care, which is a fraction of the cost in the USA. New growth also includes hospitals, restaurants, tourism ventures and various other new North American services. The boom in activity and infusion of foreign capital can be seen in almost every sector of the Provincial economy.

Another step in development has been the improvements to transportation systems and access to David via land and air. The Panamericana is being upgraded to a modern four lane highway from Panama City to the Costa Rica border. David Bus Terminal, providing low cost transportation to every part of the country including hourly service to Panama City was renovated last year. And currently an airport expansion program is underway to renovate the terminal, lengthen runways and upgrade instrumentation to enable handling of greater passenger volumes.

Even children are benefiting from this growth with new and modern schools, whether public, private or new day-care centers. David has educational facilities that satisfy every need, including six universities.


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