Valle Escondido
Valle Escondido

Nothing can spark a second home market like an airport, which is why development executives in western Panama are understandably excited by the start of the David airport expansion.

As part of a $30 million upgrade, the primary runway in the Enrique Malek International Airport will be lengthened from 2,100 meters to 2,600 meters. A variety of facilities will also be added to handle more direct international traffic, the Holy Grail for all developers in Central America.


“This will not only open up our province to more tourism, it will help drive down the costs of travel between Panama City and David,” Panama Investor author Sam Taliaferro writes.

 

David

David is the capital of the Chiriqui Prvince and not far from Boquette, where Taliaferro’s Valle Escondido project is attracting international buyers.

The expanded airport should be able to handle 737s, which would increase the opportunities for charters from North America and Europe. It should also allow for more traffic from Panama City and the region.

 


Digg!Del.icio.us!Facebook!MySpace!Ask!

Comments  

 
0 # 2010-06-20 13:34
I own www.bambuhostel.com in david panama and if there are regular internationiona l flights coming to david i foresee this small city really emerging as an important place...
Reply
 
 
0 # 2010-06-21 19:23
hey mike, I met you and talked with you at the Casey Key fish house along with your brother. Glad all is well. my e-mail is cprince490@cs.com drop me a line. planning on coming to Panama in Oct. take care
Reply
 
 
+1 # 2010-06-21 11:08
We have real estate services in Chiriqui Province (www.bannerrepanama.com) and expansion of David's airport is probably the fuel needed to make this a hot market once again.
Reply
 

Add comment

IPJ Report

A daily feed of news and analysis on the international property business.

kevin-cropped vert 68 x 127

RSS

Author: Kevin Brass has covered the quirks and trends of the global property industry for many than 20 years, including regular features and analysis in the International Herald Tribune and the New York Times.

On the Market

Log on to MyIPJ to submit a listing. Not a member yet? Register here. It's free!


The International Property Journal

An essential resource for global property professionals

The International Property Journal is an independent, authoritative source of news and information for agents, investors and industry executives working in global property markets. Beyond the daily headlines and analysis, we offer research, expert insight, contacts, tools and networking opportunities to serve our core audience of more than 500,000 industry professionals active in buying and selling property internationally.   Read More ...

Subscribe to our newsletter:

Email:
First Name:
Last Name:
Email Marketing by ActiveCampaign