Duncan McGowan is the founder and president of Punta Pacifica Realty. This Scottish-Nicaraguan entrepreneur first came to Panama in 1998 and immediately fell in love with this enchanting country. Duncan has seen Panama evolve from a little-talked-about country to a thriving international business hub. What started as a backpacker haven is now the playground for the rich and famous and a country whose many projects make up a part of every savvy investors portfolio.
Duncan’s intimate knowledge with the Panama real estate market and straightforward manner ensures his insight into Panama is unbiased and never sugar coated. His reports allow for readers to gain insight into Panama from a real estate professional not afraid to tell it like it is.
Grand Tower, the latest major project to be delivered in Punta Pacifica, has finally been issued its occupancy permit. The developer of the 55-story tower has started to notify owners to prepare for closings, which are expected to begin in December.
The increasing cost of healthcare in first-world countries has made medical tourism a thriving industry. Instead of traveling for sea views or mountain hiking, tourists are traveling for medical treatment.
Trump Ocean Club Panama is about to become the first Panama City project to offer a beach club on a private island. Both residents and guests of Trump Ocean Club will be able to take day trips to the beach club on Viveros Island.
The real estate market in Panama has reached a new level of luxury and exclusiveness. This small country with the ever growing skyline reminiscent of Miami now boasts Latin America's first man-made islands, the Ocean Reef development.