Category Archives: Business

Next Generation of Boxing Stars at Casco Viejo

Casco Viejo Panama Casco Antiguo Sweating, panting, red like a tomato … and with a big smile!  Casco Viejo`s first gym started and already we have enthusiasts hitting the bag like there is no tomorrow. Stephen Crissman, the trainer, gives instructions and pushes you to do things better. Additional to boxing,  he trains in Jiu-Jitsu and there is another trainer for Muay Thai.  If you are not into artistic and lethal martial arts, you can try their cross fit, which makes honor to their slogan “work hard, live well”! If you want to contact Stephen to get more info on … Continue reading

Casco Viejo welcomes Ceviche

Casco Viejo – Panama – Casco Antiguo Real Estate and Lifestyle at Panama`s Old Quarter Last night I tried some amazing ceviche and patacones. Fresh and spicy, they were the creation of Waldo, the owner of the recently opened “Ceviche” restaurant at Casco Viejo.  Waldo has lived in Singapure, and its ceviche does show some Asian influence! His restaurant is almost a Ceviche Bar, a mix between a café and a fast food. You can catch and run, or you can enjoy right there.  His labels read “All Natural, Pacific Ocean Catch, Lime & Sea Salt”.   Simply delicious! Location: Central … Continue reading

Casco Viejo Pharmacy Opens Today! Welcome El Boticario

Casco Viejo, Panama, Casco Antiguo Real Estate For Sale, For Rent at Panama`s Historic District For a month, the commercial space at the corner of 4th and A Avenue in Casco Viejo had been under construction. Casco`s first fully suplied pharmacy was about to open.  Yesterday, I couldn´t take it anymore and plastered my face against the glass and asked: when????.  Ana Cristina, the owner, smiled while opening the door: “Tomorrow, we are still working, but tomorrow”. Pharmacies in Panama are a bizarre mix between a department store and a drugstore. Some go as far as selling home decoration and … Continue reading

Casco Viejo Apartments For Rent Report

Condos For Rent at Panama`s Casco Viejo From time to time I like doing “snapshot reports” of what is going on with Casco Viejo real estate, so people can get a sense of how the real estate market is doing in Panama`s colonial city. My last report was titled “Casco Viejo`s Summer Real Estate Report” and it showed all the projects currently under construction, whether commercial or residential. Who was/ is doing what and when are they delivering units.And of course, my favorite picks. This time, I`m presenting a “For Rent Casco Viejo” snapshot. 1. Residential: Casa Maralta: Rent at … Continue reading

New Tax Cooperation Agreement between United States and Panama

Casco Viejo Panama Panama Casco Antiguo Investment at Panama`s Historic City For the last ten years, Panama built a reputation as a tax haven for foreigners, highlighting through its marketing the low taxes in Panamanian system and the discount benefits for retirees within the country. However, this strategy seem to backfire, including the country in several black lists around the world. Since then, the government started a campaign to educate about the basis of Panama`s tax system (where they charge taxes on all income produced in Panama) and sign treaties with different countries to avoid double taxation. This week, Panama … Continue reading

$30 Million Investment for Casco Antiguo, Panama

Casco Viejo Panama Panama Casco Antiguo Real Estate Investments at Panama`s Historic District First page news: Panamanian government will invest $30 million dollars in Casco Viejo starting 2011. According to an interview made to Dario Cadavid from Oficina del Casco Antiguo and published today at La Prensa, the infrastructure plan for Casco Antiguo (sewage, underground cables, water pipes, electricity, etc) has been quoted at $30 million. The plans include a visitor center at the old Casa del Arte for $1.7 million (with a $600,000 contribution from the Spanish Agency of International Cooperation / AECI) , and the restoration of all the … Continue reading

COPA Airlines Expands Fleet With New 32 Boeing Planes

  Casco Viejo Panama Panama Casco Antiguo Real Estate For Sale For Rent at Panama`s Historic District When you think that just a couple of years ago airlines around the World were going through one of the biggest economic crisis of modern history this headline becomes simply amazing. But truth is that COPA , Panama`s flag airline, never stopped moving forward.  Even through the darkest days, COPA never stopped offering meals to their clients and good service. Yesterday, and according to a note from La Prensa, the airline signed what is quoted to be the largest transaction in the history … Continue reading

Di Vino: Casco Viejo`s first Wine Bar

Casco Viejo Panama Panama Casco Antiguo Nightlife at Panama`s Historic District Oh Boy, oh boy.  Now I`m in trouble. A beautiful wine bar is opening right in front of Arco Properties office at Casco Viejo, Panama.   I confess myself to be a cheese fanatic, and Di Vino (which means “divine” in Spanish, but in Italian means “about wine”) has not only a wonderful ambiance but great cheeses and – of course- wines.  Italian wines, to be more specific, as Di Vino belongs to three good Italian friends (Milan, Rome) and Casco Viejo neighbors: Denis, Jacopo and Francesco. Built with great … Continue reading

Summer Real Estate Report in Casco Viejo, Panama

Real Estate Casco Viejo Panama Panama Casco Antiguo For Sale, For Rent   December is on its way and Casco Viejo, Panama`s colonial district is buzzing.  Developers are speeding up to take the most advantage of the sunny days ahead and beat the holidays coming up.  Several projects under construction will start delivering their apartments. Commercial spaces for sale remain scarce with only one (or maybe two) restored options in the entire colonial city.  Plan to invest a minimum of $550,000 for plaza front commercial space.  Keep reading as interesting investment opportunities are coming up in the Casco Viejo market! … Continue reading

Casco Viejo welcomes La Forchetta at Plaza Catedral

Casco Antiguo Restaurants Restaurants Casco Viejo Lifestyle and Real Estate at Panama`s Historic City   New restaurant in Casco Viejo! Italian cuisine, La Forchetta took over former Antigua Restaurant. The re decorated everything and the menu features very good pizzas and risottos. Outdoor seating at the plaza and balconies. La Forcheta is a full building, so you can either have a cocktail at the bar below or seat (inside or balcony) at the first floor. If you are a fan of spicy, try the Bocca di Fuoco pizza. But beware! even those who have had a pride of not “fearing” … Continue reading