Casco Life

Panama will continue to grow according to United Nation´s Report

Panama´s Growth according to United Nations
Panama´s Growth according to United Nations

United Nation´s economic agency for Latin America and the Caribbean called CEPAL (Comision Economica para America Latina y el Caribe / Economic Comission for Latin America and the Caribbean) published in its website their growth projections for the region for 2009.  According to their economic study, Panama will grow over 3% this year, leading the region´s development and surviving the crisis better than its peers (at least for 2009).

In Casco Antiguo, things are moving along on all fronts. Several new businesses have opened, this time mostly locals: two new stores and a beauty salon, all of them in San Felipe. Doña Daisy, formerly on Calle 1era is now at the Santa Familia complex in Avenida A and Calle 5ta, a few steps away from the Canal House Hotel.  At Las Bovedas in Plaza Francia, a small handcraft store opened for tourist: it offers coffee, drinks and hand painted crafts, mostly fans (under this hot summer you come to appreciate!). The beauty salon is called Virginia, and is at the very entrance of San Felipe: you´ll see it to your left as you go up the bridge.  Friendly owners and nice creative nails. Washed and blower my long hair for $8.

Seeing these guys go forward with their businesses makes me think about that 3%.  A cold number for many, but very significant when you dig in and you get to see the faces of who make it possible. This is what gives you hope, for although times are and can be tough, there is nothing as surrounding yourself with positive energy.

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Arco Properties is the leading real estate agency focused exclusively on residential and commercial properties in Casco Antiguo since 2005. We are the only real estate company specializing in Casco Antiguo that donates 10% of its profits and 5% of the time of its staff in volunteering to non-profit organizations dedicated to the revitalization of the Human Heritage of the Casco Antiguo.
Arco Properties is an affiliate of Grupo Conservatorio. We are committed to inclusive and sustainable urban revitalization. We believe in the value of socially diverse communities and in building one affordable apartment for each high-end apartment.

For more information

  • Panamá: +507-228-6650
  • Calle 4a y Ave A, Edificio Cuatro Casas,
    Planta Baja, Casco Antiguo.