Panama: Price for a View

The square meter overlooking the ocean at the great buildings of Panama City is listed on values between $ 2,500 and $ 4,400.

Thursday, February 10, 2011

The cost of living or to have an office in one of the skyscrapers built or which are under construction in Panama City, may seem too high for locals, but for corporate executives who know the price in London or Hong Kong, these prices look like bargains.

José Gabriel Montenegro, Commercial Director of Grupo Haus, explains that, "A president of a multinational company that is used to paying $ 20,000 per square meter in Hong Kong or London, when he learns of the projects in Panama ends up buying two or three apartments, because these prices are nothing compared to their income."

More on this topic

Roble Group conquers heights in San Salvador

December 2008

El Salvador will be dressed in its finest. In March 2009, the Roble Group will inaugurate the first skyscraper int he capital: the Pedregal Tower apartment complex.

The construction, which was carried out at a rate of one floor every two weeks by 750 direct workers and 1.500 indirectly, has reach level 10.

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