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Lourdes Townshend of Multimodal  & Logistic Transports Magazine – Best Places In The World To Retire User Account
Construction in Panamá is not easy, much less in a town like El Valle, because there is not a specific store for building materials, and these have to be carried from the highway, raising the price.  And this also goes for heavy equipment, and workers.
 
After you have completed your official documentation, make sure to sign a contract with a licensed contractor.  Otherwise, you´ll end up paying a non programmed  price.
 
It´s very advisable to have a Spanish-speaking Panamanian friend, or an attorney, to guide you though the process.  Otherwise your experience could result in a nightmare.
 
Just don´t expect to pay $50,000 for your house to be built, if you are in a budget.  Prices could vary way over that amount.
Bill Brunner of abc realty panama – Best Places In The World To Retire User Account
Building costs can range from $250 a square meter to $450 a square meter..  It all depends on how accustomed to the climate you can get..  El Valle usually stays between 85º f to 70º f..  It has been known to drop down in to the upper fifties now and again..  Whatever you do just make sure you have a qualified architect or contractor working for you..  In many cases we have had some guys whom say they are qualified, but end up not giving you an accurate price for the work that needs to be done..  I have often told folks that if you want them to build you a plane, they will say no problem and start cutting the bamboo down to build it..  

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