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Wednesday, February 21, 2007

Panama Considered Central America's Most Sought After New Tourism Destination

New and tell-all website, The Panama Report, reveals that hunting with century-old indian tribes, spelunking through mysterious jungle caves, and exploring secluded Caribbean islands isn't just reserved for Hollywood anymore.

With its teeming rainforests, hidden beaches, and rich history and culture, the tiny isthmus that was once only known for a Canal, is now making sound waves as perhaps the most authentic travel destination in Central America. Features in the New York Times and Miami Herald, as well as recent articles in The New York Times and The Wall Street Journal, have spurred more and more visitors to Panama, the crossroads of the Americas . In the midst of this tourism and real estate boom, bona fide websites like thepanamareport.com are revealing the good, the bad, and the ugly sides a Panama vacation.

Panama's high safety rating, tropical climate, and retirement incentives are drawing more and more baby boomers from the States everyday. Condos in cosmopolitan Panama City overlooking the Pacific Ocean for $200,000? Beach houses within walking distance from white sand beaches, $110,000? Giant tracts of oceanfront land selling at $0.25 per square meter? They sound too good to be true, but thanks to Panama's low cost of living and still relatively young real estate sector, anyone can get a piece of the action. Pair the amazing Panama investment with the Costa Rica allure of secret waterfalls, uninhabited beaches, and spectacular wildlife to see why the growth in Panama in 2006 was bigger than any country in the region.


"You have to visit Panama to believe it" says Matt Landau, Founder of The Panama Report. "By the time your vacation is up, you'll feel like you're on the inside of a travel secret". With experience in Costa Rica, Landau has consulted for some of the top vacation and real estate companies in the isthmus and believes Panama is destined for greatness, if not having achieved it already. He's quick to point out though, that things aren't always as good as they seem. "As always for a developing or emerging country, you're going to hit a lot of snags, among them corruption, scams, and crime. Specifically, when you look at real estate in Panama, immoral practices are like snowballs in that once they start rolling, they become hard to stop, so you need to address them at inception. I love Panama and by exposing the good, the bad, and the ugly, the vacation or investor will make his/her own educated decision."

More info in: http://www.powerhomebiz.com/News/012007/panama-tourism.htm

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