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Tom Hammond Kelly
Cashing In On a Second Home in Central America: How to Buy, Rent and Profit in the World's Bargain Zone
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About the Authors
Acknowledgements
I N T R O D U C T I O N
Why Central America?
An overview of a diverse, fascinating region
Who is buying second homes . . . and why?
PART ONE: EXPLORING THE POSSIBILITIES OF A DYNAMIC AREA
C H A P T E R O N E
The Lure of Panama
History of the second-home market in Panama
Drilling deeper to understand migration
Popular areas with potential return
Panama City
Unique urban environments: Casco Viejo and Amador Causeway
Urban living: Punta Pacifica and surrounding central-city areas
Costa del Este: Suburban living in the middle of it all
Downsides of Panama City—“reality check”
Outlying areas of Panama City
Island living close to Panama City
Boquete and Chiriqui highlands
Bocas del Toro
Tips on buying real estate in Panama
Capital gains tax
Government incentives for second-home purchasers
Other Key Issues
Safety
Health care
Cost of living
Education
Weather
Familiar conveniences
Quality construction
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