Author: Klaus Happ

FRAPAN-Invest obtains broker licence in Panama

There is a slow bureaucracy all over the world, including in Panama… After countless documentaries and references, our company “FRAPAN-Invest” has officially received the real estate agent license in Panama. This should make us the only German real estate company with its own broker license in Panama.

 


FRAPAN-Invest

Klaus Happ’s company “FRAPAN-Invest” advises investors who want to invest in real estate in Panama. He offers advice on all aspects of living in Panama.

The real estate market in Panama is internationally one of the most interesting for investments. We would like to be your trusted local partner and assist you with the initial purchase. Additionally, we can take care of your real estate in Panama in a sustainable way.

Profitable, safe and beautiful:
Investments in Panama

Reduced property tax in Panama

Panama’s government has passed a new property tax law, which has brought the greatest tax benefits to real estate in Panama for years. Property tax is progressive and is based on the value of the property in Panama. As a result of the new regulations, the tax rate for an apartment with a value of e.g. USD 400,000 is reduced by 70% to an average of 0.63% per annum.

This is of course good news for property owners and investors in Panama, as it significantly reduces the tax burden and makes an investment even more lucrative.

 


FRAPAN-Invest

Klaus Happ’s company “FRAPAN-Invest” advises investors who want to invest in real estate in Panama. He offers advice on all aspects of living in Panama.

The real estate market in Panama is internationally one of the most interesting for investments. We would like to be your trusted local partner and assist you with the initial purchase. Additionally, we can take care of your real estate in Panama in a sustainable way.

Profitable, safe and beautiful:
Investments in Panama

Game Changer for our island project

The current developments and new contracts between Panama and China are an absolutely positive “Game Changer” for our island project “Isla Boca Brava”, which will increase the demand for our property immensely. During his trip to China last week, the President of Panama Juan Varela and the Chinese Head of State Xi Jinping signed a total of 19 agreements involving economic, political and tourist cooperation. Panama is supposed to be the gateway for China’s activities on the American continent and a free trade agreement between the two countries is also being negotiated. This is a milestone in the economic development of Panama, which is already considered to be the fastest growing country in the western world.

An important point within the agreements is that both countries want to build the first high-speed train in Panama and this represents a new stage in our island project “Isla Boca Brava”. Both countries have signed a joint agreement on this and are now starting a feasibility study.

This train will connect Panama City with our island project region “Chiriqui” and cover 450km in 2,5 hours. It is said to be a passenger and freight train. This will put our island region next to Panama City at the centre of tourism and economic activities. Our island property is only 40 minutes away from David, the provincial capital of Chiriqui, where is already an international airport and a train station in the future.

This will enable Chinese goods to be distributed from Panama to the countries of Central and South America, and the new railway line will play an important role in this topic. China estimates the volume of freight and economic activity that this new Silk Road between China and Panama entails at approximately $18 billion annually. For a country with 4 million inhabitants a large number…

This means that in the future our island region will have a completely different economic significance and will be much easier reached by considerably more people. This will increase the demand for good hotels, apartments and land. This is very good news for our “island project”, as this is exactly what we offer and we expect prices to rise.

Architecture Isla Boca Brava

Air China also announced during the Panama government’s visit to China that it will be flying twice a week from March 2018. Further Chinese airlines are to follow.

 


FRAPAN-Invest

Klaus Happ’s company “FRAPAN-Invest” advises investors who want to invest in real estate in Panama. He offers advice on all aspects of living in Panama.

The real estate market in Panama is internationally one of the most interesting for investments. We would like to be your trusted local partner and assist you with the initial purchase. Additionally, we can take care of your real estate in Panama in a sustainable way.

Profitable, safe and beautiful:
Investments in Panama

„Bavaria International“ about excellent investment conditions in Panama

Bavaria International reports about the excellent economic and legal conditions in Panama for investors and entrepreneurs, including their experiences. Bavaria International is a company of the Free State of Bavaria and is responsible for the international economic relations of the Bavarian economy. Under this link (page 18, available only in German) you will find the very well researched report.

 


FRAPAN-Invest

Klaus Happ’s company “FRAPAN-Invest” advises investors who want to invest in real estate in Panama. He offers advice on all aspects of living in Panama.

The real estate market in Panama is internationally one of the most interesting for investments. We would like to be your trusted local partner and assist you with the initial purchase. Additionally, we can take care of your real estate in Panama in a sustainable way.

Profitable, safe and beautiful:
Investments in Panama

Partnership between Panama and China

Having now opened an embassy in Panama, China has announced large-scale investments which will see direct flights between both countries and also high-speed Chinese trains opening up Panama`s transport network. In future, China wants to use Panama as its hub of the Americas.
These represent decidedly positive changes for Panama`s economy and real estate market alike.

A lot has happened in 2017 concerning the relationship between Panama and China, things which could hardly have been predicted at the beginning of the year. To start with, China revealed infrastructure projects in Panama to the tune of 2 billion US dollars. This includes the construction of a container port on the Canal for 900 million, a thermoelectric power station for a further 900 million and the most state-of-the-art conference centre in Central America (200 million).
After diplomatic relations between the two countries were taken up in June, both governments have greatly increased their levels of cooperation. Over the last few weeks new embassies have been opened in both locations and talks have now begun regarding the first direct flights. This will serve to bring both Panama and China (including their investors and tourists) even closer together.
Asian banks are additionally showing interest in opening subsidiaries in Panama City`s financial district. Should China receive authorisation for the planned high-speed train project in Panama, a new milestone for the infrastructure of the nation will be reached. Faster journeys throughout the country will result. So too, it would mean an absolute game changer for our Boca Brava island plans, as our plot is only one hour away from a proposed station in David, the provincial capital of Panama`s most beautiful state. An international airport already exists there.

China Foto

China is currently preparing everything on a political and economic level so that Panama will become its entry gate to Latin America. It sees Panama as its hub of the Americas, a trading and logistics platform which it can use for its activities in the region. Panama itself is the ideal partner for China on the American continent for many reasons: the US dollar currency, legal and political security, geographical location, excellent infrastructure and openness to foreign investors. Panama`s exports to Asia grew by 23% in 2016, and the mutual existing potential is enormous.

Panama`s President Juan Carlos Varela recently gave an interview at the United Nations in New York on the partnership with China and the future of his country. You can find the interview here.

The arrival of Chinese investors is going to have a very positive effect on real estate market prices in Panama, as the Chinese will discover a market with currently attractive prices. Apartments on the Pacific promenade of Panama City offer a wonderful view of the ocean, the Canal gateway and the islands. Investors can purchase accommodation here for an average of 2500 dollars per square metre. Such prices are extremely hard to find in comparable settings in other parts of the world.

 


FRAPAN-Invest

Klaus Happ’s company “FRAPAN-Invest” advises investors who want to invest in real estate in Panama. He offers advice on all aspects of living in Panama.

The real estate market in Panama is internationally one of the most interesting for investments. We would like to be your trusted local partner and assist you with the initial purchase. Additionally, we can take care of your real estate in Panama in a sustainable way.

Profitable, safe and beautiful:
Investments in Panama

Partnership between FRAPAN-Invest and arsago Real Estate

FRAPAN-Invest and arsago Real Estate have formed a partnership for property investments in Panama. We therefore combine decades of property management experience with local market access and networks. Our aim is to be able to offer attractive investments in Panama`s real estate market.

arsago Real Estate was founded in 2001 by an experienced management team which had already been successfully working together for a period of 20 years. The company is active as a manager of investment capital and asset manager for residential real estate in Germany and can look back on a successful track record of many years with renowned investors and investments of over 1 billion euros.

FRAPAN-Invest trustfully offers investors the opportunity to diversify their assets in a new and alternative category, namely that of property investments in Panama. The company is continually active with regard to the profitability of Panama real estate.

Panama Casco Viejo Skyline

Europeans and Asians are only just beginning to discover Panama`s real estate market for themselves. Accordingly, we would like to take on a leading role in the German market which until now has not been in the focus of investors.

Why Panama? Simply because the facts are considerably better than Panama`s reputation

  • One of the fastest growing countries in the world (GDP growth of 8.5% per year since 2002)
  • US dollar as the national currency
  • Guaranteed USA protection
  • More than 130 multinational companies and organisations have their head office for Middle and South America in Panama. These include Adidas, Bayer, Nestle, Roche and also the United Nations
  • Newly-discovered investment opportunities from a European and Asian perspective, with commensurately attractive prices and returns
    …an advantage that will change in the future following the onset of diplomatic relations with China and negotiations over a Chinese tourist visa (Link)


FRAPAN-Invest

Klaus Happ’s company “FRAPAN-Invest” advises investors who want to invest in real estate in Panama. He offers advice on all aspects of living in Panama.

The real estate market in Panama is internationally one of the most interesting for investments. We would like to be your trusted local partner and assist you with the initial purchase. Additionally, we can take care of your real estate in Panama in a sustainable way.

Profitable, safe and beautiful:
Investments in Panama

Investment Opportunities in Panama

Due to rapid growth, legal security and the US dollar, investments in Panama represent an attractive alternative in times of low interest rates. We offer three types of investment in terms of real estate.These all differ regarding expected yields, duration of investment and dividends.

1. Accommodation in a top setting with high rental returns

  Skyline Panama City

As Panama City is the location of over 250 multinational groups, there is a huge demand for employee apartments which can house reliable tenants. Many of these employees live in one of the modern multi-storey buildings on the Pacific promenade or in the beautiful UNESCO old town site of Casco Viejo in Panama City. Gross rental yields in Panama City are around 7% per annum. A regular rental income can therefore be achieved alongside the potential appreciation of a property`s value. We assist you in your search for an apartment, the legally-secure buying process and your administrative needs (Accommodation in a top setting).

2. Restoration of a historic colonial building

Restauration Casio Viejo

The UNESCO world heritage site of Casco Viejo in Panama City presents a fine setting for property investment thanks to its unique position, historical buildings and appreciation potential. We plan to restore a colonial building with a view of the ocean and skyline in cooperation with a German developer. So too, we would like to rent out the resulting shop premises and apartments. Investors here can profit from Panama`s state concessions (Restoration of a historic colonial building).

3. Boca Brava island plot

Inselprojekt Panama

Land in Panama provides an interesting alternative thanks to infrastructure investments from the government. We offer investors the chance to share in a tropical island project in one of the countries most beautiful provinces. Our goal is to develop a hotel and real estate project along a 400 metre stretch of beach, with the target of increasing the value of the plots belonging to it (Boca Brava island project).

 


FRAPAN-Invest

Klaus Happ’s company “FRAPAN-Invest” advises investors who want to invest in real estate in Panama. He offers advice on all aspects of living in Panama.

The real estate market in Panama is internationally one of the most interesting for investments. We would like to be your trusted local partner and assist you with the initial purchase. Additionally, we can take care of your real estate in Panama in a sustainable way.

Profitable, safe and beautiful:
Investments in Panama

Panama-Global City of the Future

Panama City has been chosen as one of the global cities of the future. It is the location for over 250 multinational companies which have decided to establish head offices there. Such companies include Adidas, Nestle, Roche, Bayer and Huawei & Co. Panama`s legal security, growth and US dollar currency are some of the many advantages. Additional characteristics, including a young population (0-24 years: 45% of people/ 23% in Germany), make Panama City one of the global cities of the future alongside Shenzhen (Link). 

 


FRAPAN-Invest

Klaus Happ’s company “FRAPAN-Invest” advises investors who want to invest in real estate in Panama. He offers advice on all aspects of living in Panama.

The real estate market in Panama is internationally one of the most interesting for investments. We would like to be your trusted local partner and assist you with the initial purchase. Additionally, we can take care of your real estate in Panama in a sustainable way.

Profitable, safe and beautiful:
Investments in Panama

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