Panama Real Estate: Sizzling Hot
www.adamoproperties.com
Wall Street Journal, International Living, The Washington Post, The New York Times and ABC Nightline have reported that Panama real estate is sizzling right now. There is construction everywhere, and aside from Dubai, its skyline is also filled with cranes. And if you want book a hotel room, you probably will not be able to get one.
Ruben Blades, the minister of tourism, has recently said that the 17,000 Panama hotel rooms will not be enough to catch up with the growing tourism in this country. There is still a deficit of more than 20,000 hotel rooms. Although there are a few hotels that will be developed in the area, the supply is still lower than the demand.