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Country Information

Panama

Panama
Standards
Road Traffic:right side
Electricity:
Voltage:110V*
Frequency:60 Hz
Plug types:A, B,
Note:*Panama City 120V
TV Systems:
System:NTSC M
DVD-Region: 4
Geography
Bordering countries:

Location:
Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica
Area:
total: 78,200 sq km
land: 75,990 sq km
water: 2,210 sq km
Climate:
tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)
Terrain:
interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills
Economy
GDP: $25.29 billion (2006 est.)
GDP growth rate: 6.3% (2006 est.)
GDP per capita: $7,900 (2006 est.)
Inflation rate: 2.6% (2006 est.)
Currency: balboa (PAB); US dollar (USD)
Exchange rates:
balboas per US dollar - 1 (2006), 1 (2005), 1 (2004), 1 (2003), 1 (2002)
People
Population: 3,191,319 (July 2006 est.)
Growth rate: 1.6% (2006 est.)
Religions:
Roman Catholic 85%, Protestant 15%
Languages:
Spanish (official), English 14%; note - many Panamanians bilingual
Government
Capital:
name: Panama
time difference: UTC-5 (same time as Washington, DC during Standard Time)
Independence:
3 November 1903 (from Colombia; became independent from Spain 28 November 1821)


Note: Information on Panama was mainly sourced from CIA's World Factbook and may represent an American point of view. To learn more about Panama, please visit one of the links below.


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Europe » Poland Real Estate » Mazowieckie
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Zlota 44 is to become a new icon of Warsaw — Zlota 44 is dedicated to the city of Warsaw and will become a new icon of the capital, bringing life and brightness to the city centre. Finding an architect to fully understand Orco vision was not an easy task, but it appeared that both Daniel Libeskind and Jean-François Ott shared the same dream:...
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Panama Real Estate

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Lot/Land Parcel for sale in Santa Catalina, Panama

North America » Panama Real Estate » Veraguas » Santa Catalina
Panama Real Estate North America Real Estate

$17,600,000 USD

Pacifc Beachfront, Great Surf, Excellent Development Potential — 200 hectares (494 acres) of prime Pacific coast land with more than two miles of beachfront. Santa Catalina is best known as one of the world's finest surf spots. Located on the Pacific coast, in the province of Veraguas, the entire coastal area has drawn investors from around the world.
Listing No. 30134 | For sale at $17,600,000 USD. Price is negotiable.

House for sale in Boquete, Panama

North America » Panama Real Estate » Chiriquí » Boquete
Panama Real Estate North America Real Estate

$349,000 USD

Highland Home with Quality Finishings, Great Views and Spectacular Setting — The incredible views of the highest peak in the Republic of Panama, Volcán Barú are yours to behold in this brand-new three-bedroom, three-and-a-half bath custom home. Located just 10 minutes from the charming town of Boquete, the house features extensive stone work and rich tropical wood accents throughout.
Listing No. 30133 | For sale at $349,000 USD.

House for sale in Boquete, Panama

North America » Panama Real Estate » Chiriquí » Boquete
Panama Real Estate North America Real Estate

$349,000 USD

Custom Mountain Home, Luxury Finished with Outstanding Privacy and Views — Spectacular canyon and lowland views are the first aspect you are sure to notice in this three bedroom home in the Chiriqui Highlands. The unique location of the home provides 360 degree views of the lush green mountains and highest peaks of Panama's cloud forest and on a clear day, you can see the Pacific in the distance.
Listing No. 30132 | For sale at $349,000 USD.

Properties for sale or rent in Puerto Armuelles, Panama

North America » Panama Real Estate » Chiriquí » Puerto Armuelles » Las Palmas
Panama Real Estate North America Real Estate

$475,000 USD

Vintage Four-Plex, Fully Renovated with Historic Plantation Charm — This vintage four-apartment building once housed executives for the United Fruit Company in historic Las Palmas, a neighborhood composed of around forty-five classic banana plantation homes. The four apartments each measure approximately 1600 square feet with teak floors throughout and original teak-slat colonial windows.
Listing No. 30131 | For sale at $475,000 USD or rent from $900 USD a month.

Beach House for sale in Playa Hermosa, Panama

North America » Panama Real Estate » Chiriquí » Playa Hermosa
Panama Real Estate North America Real Estate

$1,500,000 USD

Gorgeous New Home on Tranquil Beach — Here you can truly have it all. This luxury home six bedroom, five bath home is just a year an a half old and sits on 1.2 acres of prime Pacific beachfront land. Located less than an hour and a half from the conveniences of the city of David and just a short plane ride from Panama City, the home is...
Listing No. 30130 | For sale at $1,500,000 USD.

Lot/Land Parcel for sale in Boca Chica, Panama

North America » Panama Real Estate » Chiriquí » Boca Chica
Panama Real Estate North America Real Estate

$309,000 USD

Unusual opportunity in Popular Pacific Destination — This property has just been reduced $90K!!! At just over $15M2 this land represents one of the best values in the area. Outstanding opportunity to own part of an up and coming area of the Chiriqui Province. Boca Chica's potential as a recreational destination on the Pacific is just being discovered.
Listing No. 30128 | For sale at $309,000 USD.

House for sale in Panamá, Panama

North America » Panama Real Estate » Panamá » Panamá » Panama
Panama Real Estate North America Real Estate

$890,000 USD

On the Shores of Lake Gatun — On the shores of Lake Gatun, only a short drive from Panama City, this appealing property provides a perfect place for a hideaway in one of Panama's most lovely areas. Famous for Peacock Bass fishing and outstanding ecological wonders, Lake Gatun is a recreational paradise.The 1.8 hectare (4.
Listing No. 29567 | For sale at $890,000 USD.

House for sale in David, Panama

North America » Panama Real Estate » Chiriquí » David » Volcan
Panama Real Estate North America Real Estate

$179,000 USD

Quiet Retread in the Mountains — Watch the sun rise over the mountains from the porch of this stunningly located home. A short distance from the main road into Volcán through tree canopied tunnels, pastoral views, and over rushing streams this value priced home is near tiny Cuesta de Piedra about ten minutes drive to Volcán in the Chiriqui Highlands.
Listing No. 29565 | For sale at $179,000 USD.

House for sale in David, Panama

North America » Panama Real Estate » Chiriquí » David » Boquete
Panama Real Estate North America Real Estate

$199,500 USD

Perfect Higland Location - Great Value — This outstanding residential property is located about ten miles from the town of Boquete just off of the Boquete-David Highway. The house is situated at the edge of a canyon with views for which the Chiriqui Highlands are justly famous. Three of the four bedrooms take full advantage of sweeping vistas...
Listing No. 29564 | For sale at $199,500 USD.

Cabins/Cottages for sale in Boca Chica, Panama

North America » Panama Real Estate » Chiriquí » Boca Chica
Panama Real Estate North America Real Estate

from $180,000 USD

Ideal Fishing Cabin at the Door to the Pacific — This property offers a rare opportunity to acquire a modern tropical cabin in possibly the most ideal fishing location in Panama, perhaps even the world. Minutes from legendary offshore blue-water angling grounds, this property could not be more ideally situated and appointed to take advantage of big game fishing at its finest.
Listing No. 29466 | For sale from $180,000 USD.

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