Buying Real Estate Overseas For Cash Flow (And A Better Life) (plus: 2-month trial subscription to Global Property Advisor)
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In this Overseas Haven Report, Cambodia expert Robert Carry details the arts, dance, food, religion, music, and even clothing are thriving in the region. Tourist numbers are exploding–up 180% since 2004–which is often a precursor to developers moving in and property prices zooming up. Take a look now and see what’s happening in Phnom Penh today.
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Bocas has been regarded before as little more than a slum. To be fair, some corners of the town could leave you with that impression, but things are changing here. The government is beginning to take note of the tourism potential and is investing in infrastructure accordingly. As recently as a decade ago, paved roads, sewage treatment, and even slightly reliable electricity had yet to arrive to town. Today, Bocas is more attractive than ever before and continues to improve thanks to the locals, tourists, and foreign residents alike.
Improvements in infrastructure are ongoing and at a steady pace.
Small-scale, start-up tourism businesses have begun to take hold here, becoming the best option for a Caribbean escape in Panama. From cheap backpacker hostels and bars, to extensive forest, yoga, or adventure retreats, a trip to Bocas can be a “roughing it” experience or a luxury relaxation. Improvements in infrastructure are ongoing and at a steady pace. Even recycling has now been recognized as a necessity if they are to save their pristine sand and surf.
Come nightfall, Bocas buzzes with activity. Hostels, bars, and hostel-bars are full of visitors from around the world, eating, drinking, socializing, and enjoying live music.
You could even do business in Bocas if you know what you’re doing and can find the right market niche or demand, and do well for yourself. As for real estate, you can find properties at prices from both sides of the spectrum; old buildings from failed businesses, renovated houses, or luxurious forest mansions designed by acclaimed architects.
Bocas has beauty, charm, and progress. Bocas is never boring.
This carefree, stunning destination has a character and a magnetism all its own.
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