Luxury properties auctioned in PanamaMonday, February 2, 2009 A specialized company is setting up a portfolio of condominiums and luxury homes for auction in April, in response to the drop in the demand for housing. The slowdown in the sale of properties at the various new housing projects in Panama has investors worried; however the auctions provide an alternative with which they can, at the least, recover a part of their investment. Mega Resort Auction PostponedFriday, November 16, 2012 Scheduled for Nov. 15, the auction of the 1,800 hectares making up the Hacienda Pinilla has been postponed until May 15, 2013. Country Auction Services, the agent in charge of the auction, said "the marketing webpage created for the project, www.HaciendaPinillaAuction.com, has been seen by nearly 10,000 visitors from 102 countries. Via the site and other marketing methods, more than 325 potential investors, developers and brokers have been identified and registered for the sale process. From the largest group of potential investors, we have approved highly qualified groups to participate in next stage of private sales. " |
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