Panama City’s skyline has transformed itself in the past decade. Lined with new financial and condo towers and upscale hotels that reminds you more of Singapore or Miami than a Latin American hub…Panama is becoming the new economic dynamo of the Western Hemisphere. Much of the boom has been due to tremendous investment in the country from both multinational companies and private investment. Thanks to the country’s political stability, dollarized economy, lower cost of living, retirement and real estate tax incentives and developed healthcare and financial industries, the GDP will once again be over over 6% this year (compared to U.S. at 1-2%). It also happened to rank as the #1 happiest place on earth according to a recent Gallup poll.
But Panama is not a common reference point for the allure of Caribbean islands such as Turks and Caicos, St. Thomas, St. Lucia or Antigua. But investors in these traditional Caribbean destinations should consider the less known islands of Bocas del Toro, Panama. The favorite stopping point of Colombus, as he named the islands after himself, and touted by international publications, these hidden beaches here are framed by majestic tropical forest frequented by capuchin monkeys and sea turtles. Plus, it is only thirty miles from the border of Costa Rica.
Savvy sailors and Mega Yacht owners have known about this destination for years. Because these islands lie beneath the Caribbean’s hurricane belt, they are a natural stop over for those transiting the Panama Canal. Owners and crews alike enjoy the resort amenities and vibrant nightlife. The island archipelago of Bocas del Toro is part of the Caribbean and it has the added benefit of being part of that economic dynamo that is the country of Panama.
The Red Frog Beach Island Community lies adjacent to the Bastimentos National Marine park (with its protected rainforest and coral reefs). It is a place where people travel by boat around unique ecosystems. What makes the resort setting so extraordinary is its proximity to natural amenities; from untouched coral reefs to acres of botanical gardens and mangrove ecosystems with towering mountain ranges seen in the distance. Bocas del Toro is truly a nature lover’s dream that feels undiscovered and unexplored.
Bocas del Toro has an unpretentious charm that is hard to describe and replicate elsewhere in the world. Whether you are a Mega Yacht owner or a surfer, the community has a hip vibe that is both trendy and inviting. While others may strive for the artificial country club on the sand – Red Frog Beach Island Resort in Bocas del Toro embraces the adage, “designed by nature.” Ride a spectacular 9 cable zipline through the treetops at the top of the island, visit new organic gardens or get a massage in a natural bohio spa built over a natural spring in a hidden valley. There is also abundant nightlife just 10 minutes away along Bocas town’s water front. With the booming economy of Panama to support your investment, the combination of beaches, nature and nightlife is hard to find.
Available properties include island villas, condos, lots and Residence Club units. These properties are spaciously tucked among 1,500 acres into a stunning hillside that looks out over gorgeous tropical keys. The Villas include private pools, upscale finishes and Caribbean chic décor with a tropical flare. One can build an upscale home on the beach for under $1M (compared to what you may spend elsewhere in the Caribbean it is a fraction of the price.)
The Red Frog Beach Island Resort & Spa can currently accommodate vacationers and prospective buyers in beautiful homes with private pools and the resort offers turnkey property management to generate rental income when the owner is not present.
The Red Frog Beach Resort is currently offering private and semi-private monthly “Exploration Tours” that includes a 4 night/5 day package. The tour is all-inclusive and will give you a taste of living in a luxury villa. Villas accommodate 2-6 guests so it is possible to travel with other interested parties. Bring some friends or relatives and create a family vacation out of the experience.
Red Frog Beach Island Resort