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Best Caribbean or Central America location to retire? (Now with South America!)
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Best Caribbean or Central America location to retire? (Now with South America!)

  #211 (permalink)
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Big Mike View Post
Puerto Rico for me is about retirement, not work. I personally like the idea of having some Americanized-retail establishments available in the city as needed, but I'd also like to be a bit separated from them. In Panama or Costa Rica, I was looking at living in the mountains to get the better climate and put some distance between me and the main cities.

Not sure if Puerto Rico has a "mountain" region But climate is definitely at the top of my list. Air conditioning is a requirement for me, but I like the idea of having a range of 60F - 80F. I don't want to live right on the beach where humidity and inclimate weather are worse. I will have a big pool in the back yard anyway and prefer privacy over beach.

I still need to find some good realtors and get a better idea of the Puerto Rico real estate cost vs Panama and Costa Rica.

Mike

I'm from Central America and lived in Panama for three years when I was younger. It is beatiful in the mountains there as well as the carribean type beaches on the atlantic coast. There is a lot of opportunity down there, and the first world countries would not allow things get out of control due to the importance of the canal.

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  #212 (permalink)
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More steroid-fueled sleepless nights here, another week on this stuff... but found some good info on regions in Panama









Mike

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  #213 (permalink)
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I really love this home:

For Sale Real Estate - Mountain View Home, Boquete, Panama | Live Invest Panama Real Estate



Price is less than I was looking at in Costa Rica. I will continue to do some more research on Panama...

On a side note, the videos are produced by the same media company, but for multiple different realtors and developers. Fine by me

There is some good info here as well:
Panama Information & Facts | Live Invest Panama Real Estate

Panama Community Information & Facts | Live Invest Panama Real Estate

Within each section above, there is 'more info' links. Boquete looks attractive.

Boquete, Panama Information & Map | Live Invest Panama Real Estate

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
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  #214 (permalink)
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Mike ,

I have used myself this realtor in Samara (Costa Rica) so you could check again the housing market on his website.

Samara and Carrillo Property - Real Estate Samara Costa Rica

You can search per location ( beach , mountain etc ) ... http://mprealtycr.com/tierraMax.php

Happy house hunting

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  #215 (permalink)
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Xav1029 View Post
I'm from Central America and lived in Panama for three years when I was younger. It is beatiful in the mountains there as well as the carribean type beaches on the atlantic coast. There is a lot of opportunity down there, and the first world countries would not allow things get out of control due to the importance of the canal.

@Xav1029, what can you tell me of Boquete? Rainfall and temp ranges? How many expats? I assume since I am far outside Panama City, and even David, that it will be Spanish-speaking only. Adequate retail shopping, markets, places to have dinner in Boquete? Or would you need to drive to David? (not that that would be a bad thing)

Mike

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Need help?
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2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
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  #216 (permalink)
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bottrader View Post
Mike ,

I have used myself this realtor in Samara (Costa Rica) so you could check again the housing market on his website.

Thank you. And if anyone has a local non-Americanized non-ripoff realtor for Panama, please share that info as well

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

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  #217 (permalink)
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Big Mike View Post
@Xav1029, what can you tell me of Boquete? Rainfall and temp ranges? How many expats? I assume since I am far outside Panama City, and even David, that it will be Spanish-speaking only. Adequate retail shopping, markets, places to have dinner in Boquete? Or would you need to drive to David? (not that that would be a bad thing)

Mike

Chiriqui is a beautiful area. I think there is decent tourism there, so that might help you out if your spanish is limited. The local indians out there don't speak spanish either. Latin America is a different world when it comes to retail and dining areas. It depends on what you mean by "decent" place to have dinner. For me a decent place to have dinner is the shacks on the side of the road in El Salvador that have the best food. When I lived there in the 90's, the only westernized city was Panama City. The luxuries of these locations are that they are secluded and don't have your western retail stores. Money seems to not matter while you are there. The locals are very simple people, and when I go to places like that in Latin America I feel at peace(except for the crime in other countries). The infrastructure in Panama is much better than other countries, so you could easily get around without fear of being ran off the roads by crazy bus drivers.

Being from the area, I would recommend for you to take a couple week trip to each of your candidates. My main concern that most tourists seem oblivious to is crime. This is why my eye has been on Panama for years now.

It is always hot in Panama, but cools down a little in the mountains. There are 2 seasons- dry and wet. During dry season there is no rainfall. During wet season there are torrential downpours every day. Your main concern down there is mosquitoes.

I haven't been there in years, so I would recommend taking a trip down there.

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  #218 (permalink)
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DavidHP View Post

My plan is to purchase a sailboat (Catamaran) and actually live on the boat for a bit while deciding on a permanent island based home (hopefully with a dock yet high enough to avoid a hurricane tidal surge.


MrYou View Post
If I'm lucky enough, traveling in a Catamaran sailboat would be ideal for me. These boats have a lot more room and are a lot more stable than single hull.


Just remember .... a catamaran is the most stable when it is floating upside down .... a sailboat is most stable when it is laying on the ocean floor...

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
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  #219 (permalink)
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From wikipedia

Boquete, Chiriquí - Wikipedia, the free encyclopedia

Demographics

The district of Boquete has approximately 19,000 inhabitants (2008).

More recently, Boquete has become the second home to many North American and European retirees. Some 14% of its population are of foreign origin, according to La Prensa, a national newspaper. Ex-pats are attracted by the comfortable climate, excellent potable water, and clean air, by the tranquility, and by Panama's relatively low cost of living.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #220 (permalink)
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Big Mike View Post
From wikipedia

Boquete, Chiriquí - Wikipedia, the free encyclopedia

Demographics

The district of Boquete has approximately 19,000 inhabitants (2008).

More recently, Boquete has become the second home to many North American and European retirees. Some 14% of its population are of foreign origin, according to La Prensa, a national newspaper. Ex-pats are attracted by the comfortable climate, excellent potable water, and clean air, by the tranquility, and by Panama's relatively low cost of living.

Mike

Tranquility is the big one for me. Also, as a side note Panama used to have great tax incentives some years back. Not sure if this is still true, but it was something like 20 years no real estate tax if you built a home over $30k or $40k.

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