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Panama for $1000 or less!

This forum post has messages dated from 11/01/09 through 11/29/09, please be sure to read all the messages. If you feel it is old or outdated, please follow up with a question or comment and someone may be able to update it, or reply with newer information if you have it.


Forum Post
11/01/09 21:53
James

Panama for $1000 or less!

Carr in Veracruz Mx., Michael Schleimer.

And anyone else interested in living on the beach for $1000.00 or less p.m.

Playa Coronado is an exclusive resort community on the Pacific coast of Panama about an hour from the city. Rents and sale prices are high! for housing options there, but less than 5 minutes before you get to Coronado is another resort area called Playa Gorgona. There housing options are typically priced at half of a comparable option in Coronado!

Our client, a not for profit, has two apartments available for long term tenants in the $300 p.m. range. This price includes:

-10 local cable channels which feature US programming as well.

-Water, Sewer and Garbage fees.

The tenant can secure cable internet for $17 p.m. or they can get a package deal with internet service, telephone service and 28 channels of cable for less than $50 p.m.

In addition electricity for me is about $10 bucks a month. I don´t use A/C because the apartments are on the 4th floor of a building facing the ocean, and the ocean breeze cools by day and can really chill by night! A/C could run you up to $50 p.m.

I don´t have a car and work from home so all in all excluding housing cost my monthly outlay is about $100! NO THAT IS NOT A TYPO! Of course I shop at Super 99, Toda a Dollar and places like that for certain items. There is a certain secret to getting by down here like this that the locals will not share with an expat so readily. But rest assured a full time renter can do it $500 bucks per month easily! And with $1000 p.m. you are considered a "millionario" or millionaire by the locals!

If any of you are interested please reply to this post and lets see if we can help you.


Comment #1
11/29/09 17:26
Central Florida
Thank author of this post/comment"Looking to move"

I am looking to move out of the US and CA/SA countries are the area I am interested in - not Mexico.

Panama has been the star for many years now for US residents due to it's "US like" atmosphere - but is more expensive than other countries. It does, of course, have a lot to offer that other countries do not.

I am thinking of taking several months and going from country to country to get a feel for them - cost, etc.

Would it be practical to do this and travel from country to country on local transportation?

To stay in local "bed and breakfast" type places to keep cost down?

Tks for the help - jb


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