Saturday, October 18, 2008

Hotel Condos in Panama


The economy is terrible not only here in the U.S. but around the globe. Interest rates on bonds and money market funds are non-existent while stocks are sinking like crazy. Of course it provides a wonderful buying opportunity but what if you're close to retirement? I'm not talking close like 5 years, I mean in the 10-15 year range. Just long enough that your money should still be in the market, but short enough that you really can't afford to lose money to these crazy fluctuations.

So what do you do now that your retirement nest egg is much smaller than you anticipated? Would you ever consider retiring overseas. The value of a dollar goes a lot further in other countries even though the dollar is extremely week right now. Retirees especially flock to Latin America. The cost of living is very low so you need cash but not as much.

Panama is one of the countries that's seeing a influx of these retirees. Right now a great place to buy is the Hotel Casco Antiguo which is a condo hotel in the Casco Antiguo region of Panama. Panama represents one of the fastest growing real estate markets in the world. Buying in now would make a great investment for a retirement home or a second vacation home. You can click to Register for an eBrochure Here. It will tell you more about the property as well as give you contact information for the property. You can also see the entire management team and see where their experience and expertise is.

Even if you've never considered retiring to Panama, you should check out the site. It just might change your mind.


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