For decades, real estate investors have eyed investments in global financial hubs like Hong Kong and Dubai. But this year, many of them are shifting their focus to Panama — specifically in growing areas like Boquete. If you’re looking to add houses for rent in Boquete, Panama, to your portfolio and build a solid rental income, now is the best time to start while the market is still accessible for new investors seeking high returns.
At Panama Centro Realty, we want to help you make an informed investment decision. In this blog, we share what makes real estate investors favor Boquete.
Low property costs
Boquete’s real estate prices are significantly lower than the properties in other prime locations. In Panama, you have more opportunities to buy luxury properties at a more reasonable cost. A house in Boquete could cost around $250,000 to $500,000, while it may be twice the price in Singapore or Dubai. That means you could buy an investment property for less and rent it out to earn a profit.
Tax benefits
Real estate investors with houses for rent in Boquete, Panama, enjoy tax incentives. These include up to 20% tax exemptions on new properties. Panama also has a territorial tax system that won’t tax foreign-sourced income. Plus, you won’t have to worry about inheritance tax. All these make buying a house in Panama highly attractive if you want a tax-efficient property investment.
Potential for growth
Boquete real estate may not be as mature as those in competitive markets in global financial hubs, but it still has the potential for greater returns. It’s a growing market expected to provide higher ROI as the mountain town continues to attract holidaymakers, tourists, expats, and retirees, especially as more projects attract international investors.
Invest in Boquete now!
Bouqete’s real estate market has a bright future, but be sure to buy property as soon as possible. No worries, as our platform will help you find the best home for sale. We also list the latest houses for rent in Boquete, Panama, to know how much you can earn from your investment.
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