I have spent HOURS reading this board (it's downright addictive!) and feel ready to share our "dream" and invite your input/advice/caveats --I hope many of you remember when you were at this stage-
My husband and I live in Louisville, Kentucky (USA) and almost bought property last month in Bocas del Toro, Panama-- But we realized we'd missed the bargains by about 4 years, so back to the drawing board-
We have $100K losing value in a 401K (that's an American tax-deferred savings plan) so my idea is we buy property where we'd like to spend time each winter until we 're able to retire in abt 5 years-- We'd rent it while not here and (hopefully) it would gain more value than the 401K!
InternationalLiving.com says the Samana peninsula is a great value and the completed highway will raise property values-
We're very laid-back people--like to swim, hike, snorkle, ride horses, and have good conversation over a bottle of wine (me) or imported beer (the hubby)-- So we want to live where there are plenty of friendly ex-pats and local people to get to know--
We willl be in Las Terrenas Feb 11-17 and while there, we'll look for the villa, condo or apt that is CLOSEST to the beach--
We may also check-out Cabrete as that seems to have some inexpensive properties---
I would love your feed-back to these plans and maybe several of us can meet for drinks while we're there??
Muchas gracias-
Susan and Steve
My husband and I live in Louisville, Kentucky (USA) and almost bought property last month in Bocas del Toro, Panama-- But we realized we'd missed the bargains by about 4 years, so back to the drawing board-
We have $100K losing value in a 401K (that's an American tax-deferred savings plan) so my idea is we buy property where we'd like to spend time each winter until we 're able to retire in abt 5 years-- We'd rent it while not here and (hopefully) it would gain more value than the 401K!
InternationalLiving.com says the Samana peninsula is a great value and the completed highway will raise property values-
We're very laid-back people--like to swim, hike, snorkle, ride horses, and have good conversation over a bottle of wine (me) or imported beer (the hubby)-- So we want to live where there are plenty of friendly ex-pats and local people to get to know--
We willl be in Las Terrenas Feb 11-17 and while there, we'll look for the villa, condo or apt that is CLOSEST to the beach--
We may also check-out Cabrete as that seems to have some inexpensive properties---
I would love your feed-back to these plans and maybe several of us can meet for drinks while we're there??
Muchas gracias-
Susan and Steve