How's the economy in the Panama City, Panama suburb of Fort Clayton / Clayton?
Michael Pierce - Latinlaw
Panama's economy in the Panama City, Panama suburb of Fort Clayton is booming. Since Panama gained control of Clayton, the value of homes there has escalated markedly. Military homes, which were initially sold to Panamanians and Americans, have now tripled and quadrupled in value from $80,000 initially to $300,000 and above.
Clayton is highly valued by its residents for its spacious, well kept environment, its close proximity to the US Embassy,...
Panama's economy in the Panama City, Panama suburb of Fort Clayton is booming. Since Panama gained control of Clayton, the value of homes there has escalated markedly. Military homes, which were initially sold to Panamanians and Americans, have now tripled and quadrupled in value from $80,000 initially to $300,000 and above.
Clayton is highly valued by its residents for its spacious, well kept environment, its close proximity to the US Embassy, Balboa International Academy, and at least 4 other top notch private schools.
Clayton is also blessed with the "Ciudad de Saber" - the City of Knowledge which has many international universities registered there, many of them doing research and teaching. The City of Knowledge also has business "incubator" facilities which are mainly focused on high tech innovation for the benefit of Panama.
Clayton has major thoroughfares, some still in construction, which will connect this community rapidly with all important sites in Panama City. Albrook Mall, the largest shopping center, probably in all of Latin America, is within a 5 minute drive of Clayton.
Clayton is now a community unto itself, with all the amenities, business and shopping that one would need to comfortably live in Panama. Paitilla Hospital and Punta Pacifica Hospital are easily reached in a 15 to 30 minute drive.
Security in Clayton is above average and improving every day. Clayton is populated mainly by upper-middle to quite rich families who are all actively involved in their community and who meet frequently to assure that their standard of living is not diminished. Most of the foreign diplomats at the US Embassy in Clayton also have their homes there.
A wide range of single and multiple family homes are available for rent or sale. Most of the homes will start at $250,000 and some are being sold for over a million dollars. Condos, such as those next to the US Embassy are available - starting at around $350,000.
All in all, for those wanting to reside in a peaceful, US - like small community, Ft. Clayton is my best choice.
Posted July 9, 2013
Lourdes Townshend
Clayton´s (not Fort Clayton) economy has the same percentage of growth as any other modern neighborhood in the city of Panamá. Panamá, as a country has a projected general growth of approximately 8 to 10%, this year, according to international economy organizations, while almost all other worldwide economies are experiencing difficulties.
The great deal of new housing demand is because of the...
Clayton´s (not Fort Clayton) economy has the same percentage of growth as any other modern neighborhood in the city of Panamá. Panamá, as a country has a projected general growth of approximately 8 to 10%, this year, according to international economy organizations, while almost all other worldwide economies are experiencing difficulties.
The great deal of new housing demand is because of the great amount of expats, multinational corporations and professionals from different countries who are looking at Panamá as their first choice for investment, conventions and corporate offices.
Posted July 13, 2013
Anne Gordon de Barrigón - Whale Watching Panama/Emberá Village Tours
The economy in Clayton is really good; it is thriving. The economy is good, thriving, and healthy in all of Panama. Two years ago, we had 9% economic growth in all of the country and I think it is even more stable and solid in Clayton because there is no lower-income housing there. There are no poor people living in Clayton at all, except those people who provide services, such as house cleaners or nannies. Almost all of the people living in...
The economy in Clayton is really good; it is thriving. The economy is good, thriving, and healthy in all of Panama. Two years ago, we had 9% economic growth in all of the country and I think it is even more stable and solid in Clayton because there is no lower-income housing there. There are no poor people living in Clayton at all, except those people who provide services, such as house cleaners or nannies. Almost all of the people living in Clayton work at the US embassy or in one of the NGOs at the City of Knowledge and that is why the economy in Clayton is really good there.
Posted December 16, 2014