jueves, 17 de abril de 2014

PANAMA´S BEACH MARKET

Punta Barco is the next location where one can generally find luxury panama beach real estate for sale and probably the nicest beach along the 40 miles of coast line between Punta Chame and Rio Hato. The luxury offering of property for sale in Punta Barco includes a small selection of condos but is mostly limited to luxury homes for sale. Most of the Panama beach homes for sale in the Punta Barco area include very large estate style lots on a minimum of 2 acres, although from time to time one can find quality luxury homes for sale with a smaller lot size. There are a handful of estates in Punta Barco that include horse farms and stables. However many of them are owned by old-Panamanian money and thus, rarely go up for sale.
A hidden gem just to the west of Punta Barco is the El Cortijo gated community, located in the larger area known locally as Costa Esmeralda. With only 14 residences, this small development is unique in that each home is built on a minimum of ½ acre so that residents enjoy a great deal of privacy. All of these luxury Panama beach homes for sale have ocean views and are no more than 300 meters from a private beach. The surrounding Costa Esmeralda community is just around the corner from El Cortijo and is a well known weekend retreat for Panamanian families because of its great beach. There is also a beach club associated with Costa Esmeralda that residents of El Cortijo also have access to.
Vista Mar is the next Panama beach community with a luxury real estate offering. This gated golf community has some very elegant luxury condos near the golf course and large single family homes overlooking the ocean, closer to the private beach area. An elegant restaurant with ocean view and a renovated beach front club house are a couple of the reasons residents choose this gated golf community.
Buena Ventura is perhaps the best known luxury Panama beach real estate development. Homes start around $1M and townhouse/condo options are also available. Buenaventura has been beautifully landscaped and is home to many wealthy Panamanians including several ex-presidents and heads of major corporations. There are several restaurants within Buenaventura as well as a golf complex, equestrian facilities for horse lovers, The Bristol hotel, and a world class ocean front beach and pool area.
If you are looking for something less traditional, there are also several private island areas to choose from including Contadora, Bocas del Toro, and Boca Chica all of which have a world class offering of high end beachfront real estate for sale. However at such a distance from Panama City, the weekly or monthly commute can be daunting.

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