I was visiting Panama City a week and a half ago. I was extremely impressed with the city and a strong candidate to retire to and escape Chicago.
@laptopseniors11 ай бұрын
Hey Ethan. Panama has that effect on people lol. Thanks for visiting with us. We appreciate you 😄
@reallmccoy904311 ай бұрын
Expat or “gringo” pricing. I’m moving in about a year. I’m just going to rent in Chiriqui. Don’t really want another house payment or repairs.
@laptopseniors11 ай бұрын
No problem. Look for long term rentals. Good luck.
@kencampbell5898 ай бұрын
Exactly these prices look like South Florida prices.
@kencampbell5898 ай бұрын
You need to talk to the locals because these are definitely gringo prices.
@mikenatera10186 ай бұрын
I agree with "kencampbell." it's ridiculous
@brucemontrose11 ай бұрын
What a beautiful part of a beautiful city! Thanks
@laptopseniors11 ай бұрын
Hi Bruce. We totally agree. Thanks for visiting with us. We appreciate you 😄
@user-BlackRus11 ай бұрын
Very helpful information guys, I love your common sense approach. Many thanks 👍
@laptopseniors11 ай бұрын
Hi there. We appreciate your support, 😄 Thanks for watching and leaving your comment.
@gregdora11 ай бұрын
watching from Boca Raton, b/c looking to ditch all HOA and live more outdoors in cooler climate. That said those rentals seem underprice compared to the house price. About prices, While areas 15miles outside the city limits, call themselves Boca Raton, houses in Boca Raton are 25 to 35% more. Love your presentations. Great information at a great pace.
@laptopseniors11 ай бұрын
Some of those lower rentals were for Condos. I was scrolling fairly quick through them. 2 bedroom condos sell for 4-500k roughly. But someone may have bought them lower, or simply use them as income. So the price can vary. It seems like many ExPats overpay (everywhere) and then want out later but sales can take years to happen. So probably, they adjust rent to what they can get. But the floor for rentals is definitely higher in Costa del Este.
@laptopseniors11 ай бұрын
Greg thank you for that feedback! NA real estate is nuts. I get the whole naming thing to jack the pricing. Hope you stick with us 😁
@petermaxx39712 ай бұрын
I admire your videos.... just a gentle suggestion... music is too loud in this one and distracting for me. I like your booming baritone and soprano "a capella":)
@guillermogouldburn76311 ай бұрын
See if they would let you tour Santa Maria, right next to Costa del Este on the way to the airport. It's even more luxurious than Costa del Este, complete with an 18-hole golf course, designed by Jack Nicklaus.
@laptopseniors11 ай бұрын
I wanted to but it looks like vacation residences owned by Marriott not long term living. Thanks for watching and your comment.
@dovygoodguy12967 ай бұрын
What is the climate like in Costa del Este? And infrastructure?
@laptopseniors7 ай бұрын
Climate is same as Panama City as a whole. Best thing to do to get a feel is to go to weather.com and put in Panama City. And then just go look at last year's weather month by month/day by day. You'll see exactly what it'll be.
@dovygoodguy12967 ай бұрын
@@laptopseniors From everything I know Panama City is very hot and humid.....it must be hard to take coming from cooler areas of the US and Canada......
@dovygoodguy12967 ай бұрын
@@laptopseniors I see on that site it has Real Feel of 38C. Whew that's over 100 Fahrenheit......and we're only in April.....
@laptopseniors7 ай бұрын
@@dovygoodguy1296 It can get pretty hot. Not every day and there's fluctuations during certain months...but, it's hot. You're near the equator.
@dovygoodguy12967 ай бұрын
@@laptopseniors >......
@tonyglen3311 ай бұрын
HOA fees may be low due to tax credits that will eventually expire. If you have that kind of cash, much safer to invest it and pay the rent with the dividends. Just my opinion. Thanks for the video. Very lovely area. On my short list for sure. Cheers!
@laptopseniors11 ай бұрын
Hi Tony. Thanks for watching and leaving your comment. We appreciate you 😄 It’s a good strategy if you expect a crash but we’ve seen very low HOA all over Panama so this isn’t unusual there.
@tonyglen3311 ай бұрын
@@laptopseniors I'm not predicting a crash but not willing to accept those types of unknowns. Panama is easy to buy but hard to sell. I'll be back in Panama for the month of Feb and will definitely visit this area. After viewing your video, this may be my new hangout :)
@laptopseniors11 ай бұрын
@@tonyglen33 hey yes we’ve definitely heard about the long time to sell so renting is the smart way to go at least until you are sure of where you enjoy living. Make your own decision of course but we’re so happy we can point you in the right direction. Happy new year 🥂
@manetmunro86992 ай бұрын
Hi guys. You are doing an amazing job! Do you do consults for people moving to Panama?🙏
@laptopseniors2 ай бұрын
Hi there. Thanks so much for that compliment and for watching our videos we have not done individual consults. Our goal is to provide information and our experience to help others in making their own decisions. There is definitely a lot of self examination and preparation before retiring to another country and I was thinking about doing another video on that alone. I believe your question is encouraging me to do that. Best of luck to you.
@StuG-pr9tf5 ай бұрын
So, of all the communities / cities / towns, etc...that you have visited, if a 62 year old guy like myself, single + a wanting to relocate to Panama...do you think that are any one bedroom apartments that would rent for about $500 per month, or even less??
@laptopseniors5 ай бұрын
We weren't looking for housing in that range specifically but I've seen posts for ads (local ones) that are in that range. I'd say a good to great chance at $500 would be places like Chitre, Las Tablas. Santiago, Penenome, and other smaller towns. Maybe David or Volcan or Boquete but it'd be tough in Boquete. Not likely in Coronado or Panama City although again, you might get lucky. From all those places just mentioned, I'd choose Chitre or David.
@StuG-pr9tf5 ай бұрын
@@laptopseniors Ok, great...thank you...great channel by the way
@christinegascho136410 ай бұрын
Absolutely!! CDE is one of the Most Expensive areas!! Not the best time moving to Panama at all with the protests taking place & drought less business Increased unemployment & uprisings
@anitahenriquez20823 ай бұрын
The protests are long over….Drought….thats over too with rainy season starting in March. And most NEW buildings have auxiliary reserves as well auxiliary electric plants.
@VJones-ik6zx11 ай бұрын
I'm in Los Angeles, Ca. $800K don't get you much here, compared to Costa del Este. I am considering retiring in Panama..........this area will be on my list to visit. Thanks for sharing.
@guillermogouldburn76311 ай бұрын
800k in New York City gets you a small studio apartment in the basement.
@laptopseniors11 ай бұрын
Definitely check it out for yourself. We’re happy to do some of the groundwork to share. 😁
@laptopseniors11 ай бұрын
Yup@@guillermogouldburn763
@rebecarodriguez153229 күн бұрын
I am assuming there aren't any power outages...
@stuartpowell44911 ай бұрын
Beautiful place but out of my price range.
@laptopseniors11 ай бұрын
Yes it’s higher than most areas but if you like it, do lots of searching on local sites as you can find lower rates. Good luck. Don’t ever abandon your dream. 😊
@formerlyknownashammerofthegods10 ай бұрын
There are areas of Panama City like El Cangrejo or San Francisco that are pretty nice and more budget friendly.
@laptopseniors10 ай бұрын
Definitely. We're going to do some on those and others along the way here.
@stevenpatriquin318810 ай бұрын
what are home prices like in Chitre? I like that town
@kingkemetdaytrader755310 ай бұрын
What website are you guys using to find rentals in Panama. I’m looking to move to Boca Chica soon
@laptopseniors10 ай бұрын
www.encuentra24.com/panama-en/real-estate www.point2homes.com/PA/ www.panamarealtor.com. As always if you can, the best deals are through window signs or a friend telling you about someone else's rentals. Be careful on websites to look for the same place in multiple locations. Many/most times you'll see it 2 or 3 times with 2 or 3 prices.
@dennevor2 ай бұрын
What about good schools? Any idea?
@bm59064 ай бұрын
All the places I looked at in Costa Del Este had a frence across the entire opening on every balcony to either keep people from throwing stuff off the balcony, keep people from shooting fireworks on to the balcony, or to keep people from jumping off the balcony. The entire place looked like it was designed by 1950-era Russian developers and manufactured by the Chinese. I doubt it's the place anyone dreamed of retired to during a 40 year career. Additionally, 5:23 three quarters of a million dollars and up with additional HOA fees is probably out of the budget of most people. CDE is nowhere near the metro lines, and driving in the city is exceedingly dangerous, especially for older drivers. Lastly, CDE is not really near anything. It's just dirty and loud.
@LWRC11 ай бұрын
$800K isn't chump change but is 1/3 the cost of the same size home here in Orange County CA! And the HOA at $200.00/mo is dirt cheap!!!
@laptopseniors11 ай бұрын
It’s all relative, right? Thanks for watching and commenting 😁
@KeithCindyPanama11 ай бұрын
strange the screen is blank
@laptopseniors11 ай бұрын
It's doing that at the end for a while. Not sure why.
@carmenmoya46337 ай бұрын
Are the beaches nice in Costa del Este? Are homes centrally air conditioned?
@dennevor2 ай бұрын
Depends
@nechemia20114 ай бұрын
ok its NOT Azulu, its Azul which mean the color blue!
@rosev75403 ай бұрын
Wow thanks for collaborating inflation and making it impossible for locals to make a living in our own country 🎉
@mikenatera10186 ай бұрын
these prices are definitely going to keep your average Panamanian out of this community.😮
@guillermogouldburn7635 ай бұрын
Believe it or not, it will keep the average American out too 😂
@dawayneduval10 ай бұрын
i have a video , turbulent landing panama, nice, i m looking for more stubsciberz