Panama is one of the fastest growing property and investment opportunities in the world. While the real estate in Panama offers tremendous value – it is the low cost of living that really attracts people to Panama.

The Panama Collection selected Ocean Ridge Estates for its pristine natural beauty and ideal location. Located just 1 hour from Santiago and 3 ½ hours from Panama City it is perfect for retirement and investment real estate.

Ocean Ridge Estates is picture perfect, bordered to the north by the Rio Negro (Black River), mountain views in all directions, and the Pacific Ocean four miles to the west.

Lots 4,5 and 6 are pretty similar. All are bordered by the Black River, the largest river in the region (see photo).

All of them are large parcels, around 7 acres, perfect for putting together your very own country estate. You can have up to three horses, fruit orchards, large gardens, walking trails, etc. About the only limitation is your imagination.

All three lots offer some ocean view, but the main visual appeal will be the vast mountain views (see photos). Monkeys, parrots and many other animals are common here on the project; it’s easy to see why the name of this area is actually Paradise !

Jay Stafford
www.thepanamacollection.com
954-309-2837 cell in Florida
507-6679-7540 cell in Panama

Panama Real Estate:

Let’s save the best for last; you can purchase land in Panama for a fraction of what it would cost you in Costa Rica. The same large six acre lots with ocean views and riverfront that I’m selling in Panama for around $150,000 would cost at least $500,000 in Costa Rica. Land in Costa Rica is roughly five times more expensive than comparable land in Panama. There are expensive areas in Panama, like Boquete, Anton and Panama City, but for the most part real estate is extremely affordable throughout the country.

Another big difference between the countries involves squatters. In Costa Rica if you buy land and squatters move onto it, in three months they actually have rights to your property, and protracted legal action is required to get rid of them. Incredible, but true. In Panama squatters have no legal rights whatsoever. If you buy land in Panama leave it alone for ten years, and upon your return people are living on it, you can have them removed immediately.