Description

In this episode of the Dream Huge podcast, host Pete Peterson and co-host John Pavlansky welcome Melissa Darnay from Choose Panama Real Estate. Melissa shares her inspiring journey to Panama, detailing her experiences in the real estate market and the unique lifestyle in Panama. The conversation covers the differences in real estate processes, the emotional challenges of relocating, and the investment opportunities available in the region. Melissa emphasizes the importance of providing exceptional service to clients and discusses the current status of the Panama Canal, as well as the real estate commission structure in Panama. The episode concludes with encouragement for those considering a move to Panama, highlighting the beauty and lifestyle the country offers.

Takeaways

• Melissa Darnay moved to Panama seeking adventure after a personal loss.
• Real estate processes in Panama are straightforward and investor-friendly.
• The emotional journey of relocating can be challenging but rewarding.
• Choose Panama offers a 'white glove' service to clients.
• Apartments are the most common type of housing in Panama City.
• Investors can expect a return on investment of 8-11% in Panama.
• The Panama Canal is crucial for the country's economy and is fully owned by Panama.
• Real estate commissions in Panama are typically 5%.
• Living in Panama offers a lifestyle that exceeds expectations.
• Melissa encourages others to consider Panama for vacation homes or investments.