Most expats in Panama will recommend that those who are interested in moving to Panama rent an apartment before they decide to buy. By renting a cheap apartment in Panama, you will be able to view the area as a home instead of a tourist destination. You will be able to decide if you want to move there on a permanent or semi-permanent basis.
If you are looking for a way to save money while you are renting real estate in Panama, there is one location in Panama that will offer you affordable convenience. Panama’s cost of living is very apparent in a town called David. Rental properties in this town are as low as $250 a month. If you are determined to live like the residents of David, Panama and you can live on a low budget, you may be able to save a lot of money every year.
Why More Expats Choose To Rent In David
Most people who travel to Panama do not venture outside of Panama City. If you visit the grocery stores and the malls, it will quickly become apparent that tourists and expats prefer the convenience of the city. It is relatively easy to go to the hospital, post office and use the Internet when you are in Panama City.
However, expats who prefer more rural areas are quickly discovering that David offers many of the same amenities as Panama City. The reason for this is David is the capital city of Chiriquí.
David is a town that will easily draw you in because of the local flavor and beautiful weather. It is an excellent location to get to know the locals, understand the language and save more money than you would in other towns. The town also has a large and growing community of expats. This means that you can become friends with transplants as well as become friendly with the locals.
Cheap Apartments Are Plentiful
It is common to find a two bedroom, one bath house rental in areas such as Bella Vista for under $300 a month. However, you will probably not have many neighbors who are expats. Expats who are renting in the town are more likely to find sought after rental properties that range between $350 and $500 a month. Most rental properties have appliances, furniture and air conditioners.
You can also choose to spend a little more money and live in total luxury. By traveling into the suburbs, you can find rentals priced around $600 a month and get a separate smaller house that can fit two offices. The main house may be up to 2000 square feet with several bedrooms and bathrooms.
Tips To Finding Cheap Apartments
The first step to finding cheap apartments in Panama is to consider the different neighborhoods and speak with realtors in the area. Even though there are many rentals in the country, these rentals will not be widely advertised in English speaking magazines or websites.
Panama is a gorgeous country that is quickly becoming a retirement haven for those who are looking to live abroad. It is easy to find affordable rental apartments and homes in the area so you can decide if you are ready to live in paradise on a permanent basis.