Real Estate Price Per Meter Hold Firm
(Panama-Guide) By MARY TRINY ZEA for La Prensa - La Prensa consulted with the promoters of twelve real estate projects, whose prices vary from $120,000 to $300,000 dollars, and confirmed that only one of these has openly dropped their asking price and that four others were prepared to negotiate possible price reductions.
The Pine Hills apartments in Albrook were being offered for $295,800 in April 2009, and now they are being offered for $275,000. According to Procasa, the prices were lowered because "we only have a few units left and we wish to promote their sale.”
The apartments of the Quartier tower, in San Francisco, were being sold for $132,500 dollars and the lowest offer accepted was for $130,000 from one client who only had to finance 50% of the purchase price and who included appliances.
