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About LinkBacksHas anyone spent much time near Penonomé, or heard much about La Pintada?
Any opinions on this area as a possible retirement spot?
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Has anyone spent much time near Penonomé, or heard much about La Pintada?
Any opinions on this area as a possible retirement spot?
I looked at that area a little bit, seems to have nice highlands. Land is still pretty cheap, it is really starting to develop. When you come down to visit make sure you already have contacted a real estate agent in that area and start looking at land. The real estate agent will be able to give you good info on the area.
My wife and I are planning on retiring to the Penonome area. She is from Anton, so we know the area pretty well. We hope to find some nice land up high and then build our retirement home in two to three years.Originally Posted by MRWOOHOO
Just take your time and do not rush. Meet with real estate agents, check it out, rent for 6mos to a full year before plunking down your cash. You may actually find yourself a nice rental for really cheap.
Those are our thoughts exactly!
You are wise. There is plenty of places and land for sale everywhere.
As long as we can find some property with utilities close by, we'll be in business sometime after Christmas!
Utilities are good. One of these days I have to travel to the highlands in Penonome.
My husband and I will be moving to Peno in July. Have you made connections with any real estate agents that have been helpful? We have been communicating with a young man who lives in one of the towns above Peno. He says that there are many new developments being built with rents running in the $220/mo range. He loves it there.
Ellie DW
Gotta love those interior prices, WOOOHOOOO!!!
We haven't found a real estate agent yet. We were planning on driving around initially, seeing what was available, writing down some phone numbers from the "For Sale" signs and proceeding from there. The last time we visited (Jul 09) we thought that Altos del Maria was going to be the location for our home. After we saw how much they wanted for the land, we decided that ADM wasn't for us. Don't get me wrong, it's a great develpment, it's just a little too pricey for us. We're pretty sure we can find some decent land to build on near Penonome and it will be MUCH cheaper than ADM. Granted, it won't be in a gated community with everything that offers, but we really don't need a gated community. We want to be relativley close to her family, but not TOO close, if you catch my drift. My wife was born and raised in Anton and I've lived in Panama for about six years, so we have a pretty good feel for what we are getting into.
What area around Penonome are you looking at (up high or down low)? My wife's father used to live up a little ways in the hills, but not as far up as La Pintada. This next trip (after Christmas) we are going to devote more time to looking for a place to live, and less time visiting her family. Where are these developments being started? Are they down around the highway, or are they up in the highlands? $220/month sounds like a steal!
We do not want to be too high up. We like moderate temps and we understand that La Pintada can get a bit chilly. We are Southerners (US) and like our warm weather. We have tried emailing several real estate agents in the area but they only seem to want to respond with land for sale. Once we get there we will track down someone who is willing to help. We are determined to rent at first to make sure this is the right area for us. We will not be rushed just because someone else wants to make a commission. However, we will venture there in July and will be happy to report back to you with our findings. The young man who we have been corresponding with just loves the area and is planning to hook up with us when we get there. We would appreciate your passing along any tips you might find as well.
Ellie DW
hhunter (04-19-2010)
Would be interested in your report. It seems much of the areas closer to PTY have gotten pretty pricy.
We will be more than happy to post our findings. We have found this forum to be very helpful and want to retrn the favor.
Ellie DW
When we come down in July we would like to meet you. Will you be in the country then?
Ellie DW
We loved Penonomme and we also loved Altos del Maria.
I will be here, feel free to give me a shout.
There are many options to living in Panama. I do recommend traveling around frequently to get a feel of the country. It's cheap and easy to do.
EllieDW (04-20-2010)
This is just what we plan to do. Our initial visitations will be to Penonome, El Valle, Las Tablas, La Chorrea as potential places to live. Any other reccomendations? We are open.
Ellie DW
Hi!
I have heard of only 1 retirement development in the La Pintada area, La Pintada Estates. One of the major players in the development is Pedro S. and he was the major salesman for Altos del Maria from 2001-2006/7. I know of a couple that purchased land in the area of La Pintada and built their retirement home.
Altos del Maria has a bunch of homes for sale and lots for resale. There are spec homes up there and other homes are owned by people that have moved back to Canada or the States.
Along the road to El Valle there have been a couple of developments started and abandoned (El Valle Highlands and Estancia Santerra). There is also a development on hold right now called Las Cascadas (www.panamawaterfalls.com) that has great ocean views.
I have been recommending people to take a look at a road that runs parallel to the road to El Valle. The paved road ends at a lagoon. The easiest driving directions so you don't miss the road is to drive to Coronado. At the entrance to Coronado (McDonalds & El Rey entrance) make a "U-turn" and head back towards the city. Take the FIRST LEFT turn lane and follow the road up the mountains. There is a development called Los Pozos up there, expensive because you are buying minimum of 10,000 sq. meters. There are great ocean views along the road and various lots/property available along the way.
There are certain areas where you don't have to go all the way up into the mountains to get the cooler less humid temps. We live in such a place where I am 10 minutes from the PanAmerican Highway and 20 minutes from Coronado. We don't have a/c because we get the nice mountain breezes.
Mary
www.whypanama.com
Last edited by whypanama; 04-20-2010 at 09:52 PM. Reason: repeat
EllieDW (04-20-2010)
hi,
This is a great forum for information. I have looked on other forums about the Coronado area, and nobody seems to talk much about those pacific towns and cities along the coast. Any thoughts would be interesting.
Hi!
Also look at www.playacommunity.com as it is the website for the Coronado area. There are a lot of great little towns along this area and other areas that you want to stay away from.
Mary
Thanks for the post. Which areas should I stay away from?
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