Colon Panama Real Estate Investment Opportunities

The second largest city in Panama is Colon City with an estimated population of over 200,000. Situated on the Caribbean coast of Panama at the Atlantic entrance to the Panama Canal, this city is mostly Spanish speaking and inhabited by Afro American descendants of the Panama Railroad workers. Colon is home to the Colon Free Zone and abounds with commercial investment opportunities.

Colon is easily accessible via the train and is often booked full with cruise line passengers exploring for the day. The beaches near Colon are picturesque and beckon to all who view these white sand shores. Fishing excursions and water sports are all offered. New Marinas and Harbors are springing up along the coast in and around Colon. The area is dotted with small islands and is a treasure hunter’s paradise.

Colon city is considered the most important port city in this region for several reasons. The Colon free zone these days attracts more than 250,000 visitors yearly and is home to over 1750 companies generating more than $650 billion in imports and exports. Commercial real estate investment investments opportunities are always available in Colon.

Colon’s Free Zone is an important economic resource for Panama and is the most important commercial manufacturing area in Panama. Manufacturing companies are attracted to the commercial investment opportunities. Minimal tariffs, taxes and few manufacturing legalities of the Free Zone make this area attractive for manufacturing companies. Commercial investment opportunities are a great solution for many manufacturing companies or individuals seeking to ease the burden of the high cost of operation.

Colon real estate yields strong returns on investment property and commercial investments, tax and other incentives coupled with a stable economy and low cost of living make this area of Panama a good investment consideration.