Revolution Tower Calle 50 Panama City Panama

The Revolution Tower is an unforgettable icon in the heart of Panama City’s Banking and Business district. This commercial tower offers units of 2000 to 6500 square meters, with private, secure working areas and superb views of the ocean and glittering city lights.

Offices, meeting and video conference rooms are fully furnished and equipped with standard office equipment such as printer, fax, scanner, copier, mail and postage machinery. The tower offers complete telecommunication services including multi-access T1 and telephone ports, continuous IT maintenance and support, digital telephones, high-speed internet and LAN with security system protection. Common areas include fully-stocked kitchens; offices are cleaned daily. The lobby area includes a reception desk and welcome area, and an on-site center manager is available to address any concerns.

Obarrio – Central Neighborhood – Panama City

Obarrio is one of Panama City’s most prestigious central neighborhoods, set between El Cangrejo and San Francisco. A  blend of the commercial and residential, it is home to many swanky boutiques, shops and office buildings, as well as luxurious homes and condominiums. Many of Panama’s most high-end real estate projects are being erected in this neighborhood, and designer names are plentiful along Samuel Lewis Avenue. Names like Lalique, Ferrari, Ralph Lauren and Rolls Royce head the the gleaming store fronts.

Obarrio is also part of the city’s prestigious banking district with more than 100 international banks operating within Panama, attracting a elite suite of residents and business tenants.

 

Avenida Balboa

Balboa Avenue is Panama’s most famous promenade and thoroughfare, stretching along the waterfront between the Casco Viejo (Old Town), the financial district and Punta Paitilla. It is lined with some of the city’s most prestigious projects overlooking the Bay of Panama, with luxury high-rises like Arts Tower, Hilton Hotel & Casino, Yacht Club and many more, shopping malls, restaurants and shops jockeying for position on this impressive roadway.

It has undergone an expansion to relieve traffic congestion by linking some of the city’s major roadways, and beautification of the waterfront, with an additional 35 hectares includes green zones, pedestrian walkways, sport facilities as well as cultural and recreational facilities. The expansion was completed in 2009, Balboa Avenue is one of the major attraction in its own right for residents and tourists alike.

Costa Del Este Panama City Republic of Panama

Costa del Este is one of Panama City’s most modern neighborhoods, made up of planned residential communities, office buildings, shopping centers, banks, and an industrial park. Located east of the downtown core, Costa del Este was created by filling in more than 20 million cubic yards along the Bay of Panama in the country’s then-largest construction project. The resulting 310 hectare-project, is one of Panama’s most coveted waterfront neighborhoods, known for its high-end construction and ultra-modern amenities.
Costa del Este has become a showpiece of modern construction and careful planning; exquisitely landscaped, with residences ranging from modest to millionaire, it is a city within a city.Connected to the mainland by a two kilometer-long bridge, Costa del Este is fringed with mangroves on the east, and looks across the curve of the bay to the city lights just ten minutes away. Despite this proximity, Costa del Este is very much a world apart. Planned to the last detail, this ambitious project provides generous public spaces, with several parks (the largest of them 30 hectares, buffering the commercial and high-density residential areas), recreational areas, a central plaza, and a four kilometer-long pier. Most of the infrastructure is buried, leaving the views clean and uncluttered. Gardens run the lengthof the central boulevards, creating a welcoming and genteel atmosphere.

 

Costa Sur Panama?

Costa Sur is a planned urban development on the outskirts of Panama City, east of Costa del Este, with just minutes to the Corredor Sur (Southern Expressway). The project is 44 hectares across, broken up into three neighborhoods, with residential dwellings, a school and a commercial center.

Casco Viejo

Flanking Panama City’s gleaming high-rises and cosmopolitan allure lies the Old Town, or Casco Viejo, which thrived in the 17th century in the heyday of Spanish colonialism in Panama. It sits on the waterfront of the Bay of Panama, and the arc of the city can be seen rising in the distance. Much of the exquisite architecture has fallen to ruins, but restorations are under way breathing new life into the charming and colourful old district. Newly-restored buildings stand shoulder to shoulder to centuries-old ruins, giving the area a surreal and very appealing atmosphere.

Some of Panama City’s chicest cafés and restaurants are within the Casco Viejo, as is the presidential palace, the National Theater, several churches and cathedrals, and small plazas and parks adorned with statues of Panama’s heroes. Many of the renovations are being converted to stylish lofts and studios, art galleries and shops, making this one of Panama City’s most attractive neighborhoods and a popular tourist attraction.

Its latest starring role is as the setting for the newest Bond film, a Quantum of Solace. Panama attracted international attention last year as the film shot on location within the captivating quarters.

The Panamanian government is offering special incentives for the restoration of historical monuments and buildings with the Casco Viejo, including:

  • 10-year income tax exemption on the sale or rental income of properties
  • 30-year real estate tax exemption
  • total exemption on the 2% transfer tax of real estate on the first sale of properties valued above $50,000
  • preferential interest rates on loans
  • total import tax exemption for equipment and materials related to construction and restoration that are not available in Panama

The Neighborhood of Punta Paitilla, Panama City, Republic of Panama

This shot was taking from Panama City Causeway (Amador)

Paitilla (or Punta Paitilla) is a waterfront neighborhood on a spit of land in downtown Panama and one of the most exclusive residential areas in the city. Dominated by gleaming condominium towers, Paitilla offers sweeping views of the Pacific Ocean on three sides, and the curving city skyline to the west. Residents can enjoy strolling along the shore, or gazing out to sea at one of the point’s elegant seaside parks.

Located at the end of Avenida Balboa, Punta Paitilla has everything needed at its doorstep – the Punta Pacifica Hospital, Panama’s most modern medical facility affiliated with John Hopkins Medicine International, supermarkets, shops, hotels, restaurants and specialty niches such as a comprehensive kosher supermarket and synagogues. Just minutes away lie the Multi-Plex and Multi-Centro malls with dozens of commercial stores, and Panama City’s banking district.

Panama City Panama

Panama City is the capital of Panama, and by far its biggest and most modern city. Known as the Hub of the Americas, its central location between North and South America, along with the Panama Canal and diverse banking sector, have made it one of the most important business centers in the region.

Perched on water’s edge on the Bay of Panama, its skyline, dominated by high-rise condominiums towers is reminiscent of Miami, Florida. The city has undergone a real estate boom in recent years, with unprecedented construction changing the landscape almost daily.

The city’s infrastructure is modern, offering advanced telecommunications and fiber optics, cutting edge medical facilities and a wealth of amenities reflecting the culturally diverse makeup of this crossroads of the world. 16th century Spanish colonialism, which can be seen in the city’s older architecture, particularly in the Casco Viejo (Old Town). The ruins of the city’s very first site (Panama Viejo), sacked in the 16th century, can also be found adjacent to some of the city’s more affluent residential suburbs. The Metropolitan Park, a 232-hectare swath of protected rainforest deemed the ‘Lungs of the City’, lies just to the west of the city with a rich diversity of birds, monkeys and other natural attractions for visitors.Tourism is also prevalent in Panama City, as travelers come to explore the city’s rich history dating back to the Panama City offers many hotels, restaurants with cuisines from around the world, casinos and a vibrant night life. Shopping is first-rate, with several excellent shopping centers to choose from, and the world’s top designer boutiques all have storefronts in the city.

The banking district in the city’s center is represented by more than 100 banks from around the world, attracting a great deal of international commerce to Panama.

The nearby presence of the Colon Free Zone (the largest free zone in the Americas, and second largest in the world after Hong Kong) and the Panama Canal also ensure the city sees a strong flow of international business and tourism. Panama City is made up of many small, often self-contained neighborhoods:

Altos de Panama Coco del Mar Los Angeles
Altos del Golf Costa del Este Marbella
Balboa Avenue Costa Sur Obarrio
Bay of Panam Dos Mares Paitilla
Bella Vista El Cangrejo Punta Pacifica
Betania El Carmen San Francisco
Calle 50 El Dorado San Gerardo de Mayela
Campo Lindbergh Fuente Alameda/La Alameda Tocumen
Casco Viejo La Cresta Via Argentina
Cerro Viento La Loma Via España

Are there any direct flights from Panama City to Pedasí?

I know there is an airport there, are there regular flights running to the big city?

Starting February 5th 2010, Aeroperlas Regional will begin operating two flights a week from Panama City’s Marcos A. Gelabert Airport (Albrook airport)  to Pedasí.  The flight is 55 minutes long, and departs at 11:15 Mondays and Fridays.

Panama: General Information

Location: Panama is set in the middle of the Americas.  Only 80 kilometers at its narrowest point, it is a strategic location for world commerce.

Population:

Area: 30,193 square miles (*** square kilometers)

Language: While Spanish is the official language, many Panamanians also speak English.

Political divisons:  There are 9 provinces, 75 districts or municipalities, 5 reservations and 620 corregimientos***

Investment Climate

Welcome to Panama, one of the most exciting investment countries in the world.   Thanks to a proactive government incentives program and Panama’s unique position in the world, both geographically and economically, there is a wealth of commercial opportunities available which can be fine-tuned to suit your specific goals.

Benefits and Incentives

The Tourism Incentives Law 8 of 1994 establishes a simple, fast and rational process to encourage the development of tourist activities in Panama by offering incentives and benefits to