Panama – new Dubai, or second Florida?
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The real estate frenzy in Panama continues. More condominiums are being built and planned, and major developments are underway. The country is busy re-inventing itself as Latin America’s regional logistics and services hub.
Around 300 tower projects, making up more than 40,000 units, are reportedly being constructed or publicly announced. Even the Trump Ocean Club International Hotel and Tower, part of Donald Trump’s $400-million project in Panama City, has started construction.
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