If living by a tropical lake surrounded by lush greenery sounds like your idea of paradise, Lake Arenal is the location for you. Nestled in the shadow of the majestic Arenal Volcano, Lake Arenal and its surrounding communities is rapidly becoming an expat magnet for retirees and investors alike.
Lake Arenal
Lake Arenal – A Brief History
Lake Arenal is a manmade lake that was enlarged to its present size as part of a massive hydroelectric project in 1979. The old towns of Arenal and Tonadora were abandoned and now lie at the bottom of the lake. The town of Arenal was relocated to a point northeast of the lake itself.
The lake has played a major role in helping Costa Rica become the eco-friendly nation that is known and loved today. At one time, the dam which helped enlarge the lake to its current size (33 square miles) was responsible for 70% of the nation’s electrical energy.
Anita Gould
Lakeside Living – Many Communities, Many Choices
The Lake Arenal area has a number of towns and residential areas that offer a wide selection of properties and options for investment or retirement. With a growing number of expats discovering the attractiveness of living close to the largest lake in Costa Rica, the real estate market is experiencing a resurgence from the decline of recent years
La Fortuna is the largest of the lake communities and prior to 1968 was known as El Borio. When the Arenal Volcano erupted on July 29th 1968, it destroyed three towns on its western flank. El Borio, on the eastern side was spared and, from that day forward, was renamed “La Fortuna”-the fortunate.
El Castillo has the best views of the volcano and is close to the park entrance and Lake Arenal. The village was created as a result of the 1968 eruption of Arenal that required mass relocation of the towns destroyed by the volcano. Recently, it has become popular with artisans and expats seeking a more bohemian lifestyle.
Rio Chiquito is located on the southern end of the lake and is known as the major transfer point for tours from the many hotels around the volcano to the Monteverde Cloud Forest. There is a real potential for investment as much of the land is not yet developed.
The Arenal region offers many opportunities for fun and exploration
In addition to the serenity of lakeside living, the area around Arenal is filled with opportunities for exploration and enjoyment of the rich natural diversity of the region. Having some of the finest and most unique hotels, bed and breakfasts, and lodges in Costa Rica, this location is ideal for tourists and expats who want to take advantage of the wide choice of activities available.
For nature and hiking enthusiasts, there are many options that will let participants immerse themselves in the beauty and diversity of the land. Tours of the Arenal Volcano, jungle canopy and horseback tours of various lengths and difficulty, and white water and rappelling tours are available for all interests and tastes–from mild to wild.
Water sports and therapeutic baths
Lake Arenal has become one of the foremost windsurfing locations in the world. The consistent high winds that sweep across the western end of the lake from November through April has made Arenal a magnet for followers of this exciting and adrenaline-filled sport. For those seeking more sedate water sports, bass fishing and kayaking are popular choices.
One of the special features of this area is the abundance of hot springs that are easily accessible to those seeking the healing properties that these natural baths offer. There are also a number of waterfalls that further enhance the eco-experience for visitors and locals alike.
Lakeside Living Offers Many Advantages
Living by a lake may not be the first thought when considering a move to Central America. The advantages that exist in and around Arenal are certainly worth a second look when deciding on a place to retire or invest in.
The climate in the Lake Arenal region is moderate with temperatures in the low to mid 80s during the day and comfortable mid to low 60s in the evening. For those concerned about the cost of air conditioning, this will come as welcome news.
The cost of renting property in the Arenal area can range from $250-$750 per month depending on location and size. Utility prices can range from $26 to $50 per month depending on usage. Overall the cost of living in the lake area is less expensive than other more established parts of the country.
The thriving expat community continues to grow which makes becoming part of the local scene that much easier. Many expats have opened businesses and, combined with industrious locals, have made the transition to expat life an easy one.
Things to consider before moving to the lake region
For all the positives aspects of living in the Arenal area, there some things to consider before making a financial commitment. It is important to remember that living in a foreign country is much different than vacationing there.
To begin with, the drive to the Arenal area from San Jose can run up to four hours. La Fortuna does have a small regional airport that is serviced by Nature Air (a domestic Costa Rican carrier) although cost and convenience may weigh against this option.
Shopping for food or other domestic items is going to be limited to the local mercados, or markets. If having access to more westernized items is important, this may be an issue as well.
Although the region is experiencing continued growth, internet and cable access may differ widely from one part of the area to the next. Once again, if having these conveniences is an essential item on your “must-have” list, then lakeside living may not be the best choice for you.
Lastly, remember that the lake region is not near the ocean. If having a beach lifestyle is the goal of becoming an expat, the Arenal area is not for you.
What is the best way to decide whether Lake Arenal is your tropical dream?
There is no substitute for visiting Arenal and the surrounding area and immersing yourself as much as possible in order to envision what life would be like there. Ask questions, look at expat boards and blogs, do the research, and discover what Lake Arenal holds for you.
Map of Lake Arenal, Costa Rica
Lake Arenal, Costa Rica Fast Facts
- Population: 8,291
- Typical temperature: Average temperature 65° to 90° F
- Nearest airport with U.S. flights: San Jose’s Juan Santamaría International Airport
- Nearest U.S. consulate: San Jose, Costa Rica
Viva Tropical Radio
Eric Youngren, Off-Grid Expert, returns to expand our knowledge and this time we focus on creating an off-grid escape. Last time Eric joined the show we discussed what you need to know before even thinking about living off the grid.
This time we discuss how to evaluate locations based on their ability to produce energy. We also talk about how each of the big three technologies, solar, wind, and hydro, could help you create your own off-grid retreat.
Some of the most incredible locations in Central America are off the grid, so what are you waiting for – listen to this and then go find your perfect getaway.
In this episode, we discuss:
- Why off-grid gives you so much freedom
- Why wind power is really hard to use near trees
- How to evaluate a water flow for hydroelectricity
And much more.
Listen to the show
You can listen to the show using the player above or grab it and listen on the go via one of the following options:
- Click here to download the mp3 (right click and then click “save as”)
- Click here to subscribe via iTunes
- Click here for the RSS feed (non iTunes)
- Click here for the show archive
The Show Notes
- Learn More About Eric
- Eric Youngren’s Company: Solar Nexus International
- Micro Hydro Video
The best Central America hikes are certainly not your average walk in the park. For those who seek the “road less traveled” Central America is the place to visit and explore. Lush jungles, hidden waterfalls, breathtaking mountain vistas and untapped natural beauty make this part of the world a veritable hiker’s dream.
Wood Buildings-Cusuco National Park
Best Central America Hikes – Many Choices from Mild to Wild
You don’t have to be a hard-core experienced trekker to enjoy the wonders of hiking in Central America. There are many options throughout the region ranging from downhill jungle paths to rugged volcano trails and everything in between. The only hard part might be having to make a choice between the wonderful and diverse locations of the best Central America hikes.
Cusuco National Park, Honduras
If hiking along lush jungle paths, seeking out hidden waterfalls, and discovering exotic animals in their natural state sounds like your kind of adventure, then Cusuco National Park in Honduras is certainly the place for you. The primal force of Pulhapanzak Waterfall with its 140 foot drop, the mystery of the Taulabe Caves, and rich biodiversity of the jungle itself make this one of the best Central America hikes.
Chimborazo Circuit, Ecuador
On the other end of the hiking spectrum is Chimborazo Circuit in Ecuador. This multi-day experience along the “avenue of the volcanoes” is home to several peaks above 16,400 feet including mighty Chimborazo whose 20,564 height makes it the farthest point from the Earth’s surface at the Earth’s center.
Camping in tents, exploring glaciers and local villages, and become immersed in the culture and lifestyle of the Andean highlands are just some of the reasons that make this one of the best Central America hikes.
The Quetzal Trail, Panama
The Quetzal Trail, Panama
Panama’s foremost day hiking trail is the Quetzal Trail. Winding through the Volcán Barú National Park along the northeastern side of the volcano, this jungle path is home to its namesake, the stunning Resplendent Quetzal.
The trail is mostly a downhill trek through unspoiled primary jungle from Cerra Punta to the village of Boquete. Travelers can actually have their luggage sent ahead from Cerra Punta to their next lodging in Boquete which is just another feature making this one of the best Central America hikes.
Miguel Vieira
Corcovado National Park, Costa Rica
If true biodiversity is what you are looking for in a hiking experience, the Corcovado National Park in Costa Rica is the perfect destination.
From empty beaches along the Pacific Ocean, lush coastal forests filled with exotic jungle life such as monkeys, sloths, and the elusive jaguar with flocks of scarlet macaws in the trees, Corcovado may be one of the most unique and special hiking locations on Earth. With a ranger station that welcomes campers, Corcovado is clearly one of the best Central America hikes.
Maribos Volcanic Range, Nicaragua
Imagine hiking 21 volcanoes in seven days! The Maribos Volcanic range near Leon, Nicaragua can provide just that kind of adventure. With trails that can vary in difficulty depending on your preference and skill level, the Maribos Range, including the daunting Momotombo Volcano is just the kind of challenge hikers love to embrace, making another of the best Central America hikes.
Arenal Volcano
Arenal Volcano, Costa Rica
For sheer beauty, the Arenal Volcano and the surrounding area in Costa Rica is nearly impossible to beat. With a huge reservoir, a 2900-hectare national park, numerous accessible trails running through cloud and rain forests that surround it, hiking Arenal is definitely a must-do as part of the best Central America hikes.
Lake Atitlan Volcanoes, Guatemala
The three volcanoes that surround Lake Atitlan in Guatemala provide a variety of hiking adventures in one of the most picturesque locations in the world.
The tallest of the three, Atitlan (11,601 ft.) offers an 8 hour trek to a summit that provides a stunning view of the Pacific Coast; San Pedro (9,906 ft.) will allow those who make the 4 hour climb a chance to view and discover plants and animals rarely seen elsewhere; Toliman (10,358 ft.) has a forest area near the summit for camping. Having three different hiking choices in one location is unique among the best Central America hikes.
Monteverde Cloud Forest
Monteverde/St. Elena Cloud Forest Reserve, Costa Rica
No list of the best Central America hikes would be complete without including the Monteverde/St. Elena Cloud Forest Reserve. Filled with numerous trails that are well maintained and easy to navigate, Monteverde offers unparalleled natural beauty, a chance to see flora and fauna that are both unusual and rare including the Resplendent Quetzal. Lodging choices nearby complete a near perfect picture of nature hiking at its finest.
Guanacaste National Park, Belize
This 50 acre preserve is a birdwatcher’s paradise and another of the best Central America hikes. Located in the center of Belize, just 2 miles from the capital city of Belmopan, the small size and easy access makes it convenient for casual nature hikes as well as the opportunity to enjoy both the natural features, in terms of exotic plants and animals, and the cultural aspects of life in Belize today along with its Mayan past.
Brian B.
Pico Bonito Park, Honduras
Meaning ‘beautiful peak”, Pico Bonito is definitely a hike for those with expedition experience and a love of adventure. The over 300 species of birds, jaguars, pumas, and the every present howler monkeys make this journey one that is not easily forgotten and clearly, one of the best Central America hikes.
Pirre Mountain, Panama
The hike to the summit of Pirre Mountain, Panama follows a challenging jungle trail in one of the country’s most remote regions. Monkeys, sloths, exotic birds, and a great collection of trees and flowers make this difficult trek more than worth the effort and certainly worthy of being considered one of the best Central American hikes.
Get Close to the Best Central America Hikes
With some many choices for hiking adventures throughout Central America, the best way to experience them all is to find your own “base camp” to allow you to visit and explore on your schedule. Finding places to live, short term, long term, or even purchase is easier than you might imagine and just a mouse-click away. Let your trek start now!
Andrea Fernández
Ecuador has been earning quite a name for itself as a prime destination for North American expats, due largely to its beautiful scenery, authentic charm, and low cost of living. So much so that many would-be expats may even fear that all of the best places are becoming overpopulated with tourists and gringo settlers.
Well, during my travels through Latin America, I’ve been fortunate to explore hundreds of miles of both developed and completely untouched coastline. And I can honestly say that the beaches in the province of Manabi, Ecuador are a fantastic spot for the pioneering expat.
With its picturesque stretches of beach, quaint little fishing villages, national park, and even a decent-sized city for stocking up on necessities, Manabi, Ecuador, is a refreshing break from some of the overcrowded touristy areas like Salinas and Montanita.
And because much of it is still undeveloped, especially in terms of tourist infrastructure and businesses that cater to expats, it’s currently one of the best places to invest or launch an expat business in Ecuador.
The basics facts about Manabi, Ecuador
Located along the central part of Ecuador’s Pacific coast, Manabi is well-connected to the surrounding areas. It has two domestic airports, as well as an international cargo airport. Transportation in and around the area is easy to come by.
The climate is mostly hot and dry, with temps ranging from the low 70s to the high 80s Fahrenheit, and a wet season that runs from January to April.
The province of Manabi, Ecuador, contains a number of popular beaches, such as Puerto Lopez, Los Frailes, Puerto Rico, Canoa, and Puerto Cayo. There’s also the bustling city of Manta and the town of Bahia de Caraquez which has established itself as a successful eco-city.
The area is famous for its beautiful beaches and coastal cuisine. Favorite dishes include ceviche made from fresh fish, shrimp, or shellfish, as well as viche and sancocho (both delicious forms of fish stew).
Things to do in Manabi
In addition to relaxing on one of the province’s 20 beaches, there are plenty of other things to see and do in Manabi, Ecuador, on both land and sea. Several of the beaches offer decent surfing, as well as wind- or kite-surfing. You can also give paragliding a try or explore the area by sailboat or personal watercraft.
Just off the coast lies La Isla de la Plata, which is home to many of the same species that live in the Galapagos Islands. There’s also Machalilla National Park, which houses numerous types of flora and fauna, including howler and capuchin monkeys, jaguars, cuckoos, falcons, pumas, deer, crocodiles, and anacondas.
Marcelo Paz
Expat living options in Manabi, Ecuador
With so many beach towns and even decent-sized cities in the province, there are a number of possibilities for expats who invest in Ecuador Real Estate in this amazing frontier area. Here are a few of the more popular destinations.
- Ayampe – This is a beautiful beach with great surfing conditions. It also offers birdwatching along the Ayampe river, as well as mountain biking, hiking, and plenty of nature to enjoy. It’s home to several eco-lodges, as well as spas and surf hotels.
- Bahia de Caraquez – Often referred to as simply “Bahia,” this city was once Ecuador’s largest port. After suffering from significant erosion, the town declared itself an eco-city in 1999, putting energy into reforestation and sustainable living. Today it’s extremely eco-friendly and attracts a number of North American expats.
- Canoa – Canoa boasts the longest (17 km) beach in Ecuador, of which only a small portion is developed. It draws expats and tourists for its surfing and nightlife, although it’s still considerably more laid-back than some of the larger beach towns. Due to its party atmosphere, it suffers a bit from littering although the town is taking strides to clean up its act.
- El Matal – The small fishing village of El Matal is located just outside the small town of Jama and, as a result, is known by both names. It offers calm, clear waters that are great for swimming, snorkeling, and skiing. However, there isn’t a lot of tourist infrastructure in place currently, making the area an ideal place to launch a tourism business.
- Las Tunas – This secluded destination offers great views and spectacular sunsets. It’s considered the area’s more romantic getaway, with activities such as horseback riding, beachside candlelit dinners, and quiet nature hikes. It also offers easy access to the national park, as well as the nightlife in some of the surrounding villages.
- Los Frailes – Located within Machalilla National Park, Los Frailes is one of Ecuador’s most beautiful beaches. It’s also sparsely populated, since access is restricted. It’s crescent-shaped with cliffs on both ends, so it’s protected from the wind. The waters are clear and warm and perfect for snorkeling. There are no restaurants, tents, or umbrellas, so plan to bring your own food and shade.
- Manta – Ecuador’s second largest coastal city (after Guayaquil), Manta is an industrial city that revolves around oil distribution and tuna fishing. It has several beaches and a very active nightlife. Despite not being the most beautiful city on Ecuador’s coast, it does play host to large cruise ships that dock in its port. However, most expats consider it better suited for a place to stock up on supplies rather than set up residence.
- Puerto Cayo – What makes Puerto Cayo special is the lush vegetation that runs right down to the sand in some places. It’s near the national park and offers an abundance of fish, as well as some coral for snorkeling and scuba diving. The area’s expat community is growing, and there are several beach developments under construction.
- Puerto Lopez – Since it’s the gateway to the national park, Puerto Lopez attracts its fair share of visitors. It’s a great place to book diving or whale watching tours. It’s also emerging as an ecotourism hub with many of its hotels dedicated to green practices.
- San Clemente – Known for its abundant sunshine (even during the wet season) and gorgeous sunsets, San Clemente is popular among Ecuadorians from Quito and nearby Manta who come for the weekend. Mostly a small fishing village, it’s also seeing the growth of a small expat presence.
- San Mateo – San Mateo is known for its world-class surf break suitable for the most experienced surfers. It also has a small bay that’s sheltered from the wind and perfect for swimming or beginner surfing. Its recently constructed harbor is being developed into a fishing port.
- Santa Marianita – Due to its broad and long beach, this destination is a popular place for kite surfing. Its wind range and wave height also make it great for windsurfing. It also offers a good beach break for beginning surfers. You can find instructors to teach you these and other sports, as well as a few hotels and restaurants.
The province of Manabi, Ecuador, offers plenty of living options and more than enough to keep you busy. It just doesn’t suffer from the same overcrowding and expat saturation as some of its Ecuadorian competitors.
If you’re looking to stake your claim in one of Ecuador’s lesser-known beach towns, then check out one of these great emerging destinations.
Map of Manabi, Ecuador
Manabi, Ecuador Fast Facts
- Population: 1,606,655
- Typical temperature: 76º F to 90º F.
- Major airports with U.S. flights: Quito, Cuenca and Guayaquil. Complete list of airports in Ecuador.
- Nearest U.S. consulate: Quito
Viva Tropical Radio
Josh talks to Eduardo Carillo, Jaguar expert and professor at University of Costa Rica. A legendary animal, the Jaguar is a Native American word meaning, “he who kills with one blow.”
The cats were once worshiped as gods in Peru, Mexico, and Guatemala, as well as in pre-Columbian America. The Mayans, Aztecs, and Inca all worshiped the Jaguar in some form too.
Eduardo has spent over 25 years, in many different countries, learning about these incredible animals. Find out what he knows and how it all began, while we discuss one of the most fascinating and elusive inhabitants of the rainforest.
In this episode, we discuss:
- What brand of cologne attracts the big cat
- How to help protect Jaguars
- How to spot one
And much more.
Listen to the show
You can listen to the show using the player above or grab it and listen on the go via one of the following options:
- Click here to download the mp3 (right click and then click “save as”)
- Click here to subscribe via iTunes
- Click here for the RSS feed (non iTunes)
- Click here for the show archive
The Show Notes
Contact Eduardo directly to support his work studying and protecting Jaguars.
Do you love the climate and natural beauty of Boquete but hate the overcrowded, touristy feel it’s developed of late? Then you should check out Volcan, Panama.
Rich Young
Located just around the corner, on the other side of the Baru Volcano (the country’s highest peak, at 11,400 feet), Volcan offers many of the same inherent benefits as its neighbor. However, it comes with a simpler lifestyle, a more authentic Panamanian feel, and a considerably lower price tag.
Volcan, Panama, offers a cool mountain climate and incredible weather year round.
Much like Boquete, Volcan’s elevation of between 4,000 to 5,000 feet allows for spring-like temperatures all year long. With lows nearing 60 and highs that rarely exceed 80 degrees Fahrenheit, there’s no need for heat, air conditioning (other than a ceiling fan), or multiple seasons of clothing.
You can move to this serene mountain town with just a light sweater for evenings and a rain jacket for the afternoon showers. Many expats choose it for its quaint pastoral setting, which some compare to a Colorado town without the snow, and the many opportunities for healthy living that are created by the climate and the abundant natural resources.
The area is blessed with rich, fertile soil that’s ideal for growing coffee, flowers, oranges, and many other crops. It’s also an important area for cattle farming, with 80% of the country’s milk, meat, and vegetables coming from the region. There are also numerous streams for fishing, and fresh fish and produce are widely available at roadside stands.
D. Delgado
The town is pleasantly less developed than Boquete.
With only about 10,000 inhabitants (of which about 250 are North American expats), Volcan is on the smaller side. As a result, there are no shopping malls, fast food chains, or movie theaters. However it still has everything you need to enjoy a simple lifestyle.
There are several large supermarkets, four hardware stores, three banks, pharmacies, bakeries, medical centers, gas stations, internet cafes, and more. There are also about 30 places to eat. They’re all small, charming, and locally owned.
For anything beyond your basic needs, up to and including a large hospital, you’ll need to make the 45 minute drive to David. For many expats, the simplicity and quaintness are worth the trade off.
Despite its size, Volcan has surprisingly good infrastructure. Even the winding roads that lead up to the town are paved and well-maintained. The tap water is drinkable. The electricity is reliable. And internet and cable are readily available.
Volcan also has a much more laid-back social scene than most of the larger cities. There aren’t a lot of hopping nighttime hotspots. However, there are a couple of bars, a disco, and even a pool hall in town.
Adam Mizrahi
Yet Volcan offers just as many amazing natural attractions as nearby tourist hotspots.
One thing’s for sure. Volcan’s small size certainly doesn’t translate into any fewer ways to enjoy the outdoors, as it offers a wealth of activities to adventure lovers of all kinds.
Sweet-water fishing is a popular pastime of locals and visitors alike. You can also spend time mountain biking, hiking, or whitewater rafting. A particular favorite is the hike up to the peak of Volcan Baru, where those who are blessed with a clear day can enjoy views of both the Pacific and Atlantic Oceans.
The region is also great for birdwatching, as both Volcan Baru National Park and La Amistad Park offer sightings of the elusive resplendent quetzal. There’s also Sitio Barriles Museum, a pre-colombian archeological site full of ancient remains such as statues, pottery, and other artifacts.
Volcan, Panama is also home to some incredible real estate opportunities.
With its immense beauty, amazing climate, wealth of natural attractions, and close proximity to a major city, you’d expect Volcan, Panama real estate prices to rival those in some of its popular neighboring cities. Guess again.
In addition to its significantly lower cost of living, Volcan also has plenty of homes priced well below the cost to buy a comparable property in most Panamanian towns. Like most areas, pricing varies widely with properties costing anywhere from $40,000 to $150,000 or more.
There are also plenty of lots available if you prefer to build your dream home on a large tract of land, next to a trout-bearing stream, with sweeping views of the surrounding valley. If you have closer to $200,000 to spend you can find a North American style home with acreage and all the modern conveniences.
Volcan’s expat population is still small, but word is definitely spreading about this quaint country village. There’s a growing number of residential developments under construction to accommodate the increasing influx of expats to the area.
The spike in interest has also resulted in several years of steady appreciation of Volcan, Panama real estate. The newly expanded international airport in David is also having a tremendous effect on property values in Volcan and throughout the Chiriqui Province, as visitors from various cities around the world can now easily access the area’s many attractions more easily than ever.
Rich Young
Now is the time to buy or invest in Volcan.
If the simple, country life sounds appealing to you, then you should definitely check out everything that Volcan, Panama has to offer. If you think it needs a few more amenities before it would suit your tastes, then you shouldn’t have to wait long. As the population grows, so will the number of services offered.
Better yet, don’t wait at all. Take advantage of the opportunity to use your entrepreneurial talents and fill a niche with the expat business you’ve always dreamed of opening. It could be just the ticket to a lifetime of success and happiness in charming Volcan, Panama.
Map of Volcan, Panama
Volcan, Panama Fast Facts
- Population: About 10,200
- Typical temperature: From 60 to the mid-80s Fahrenheit
- Nearest airport with U.S. flights: Tocumen Airport. Domestic flights to Panama City, Panama and international flights to Costa Rica depart from Enrique Malek International Airport in David
- Nearest U.S. consulate: Panama City, Panama
Adam Mizrahi
Just across the bay from the hustle and bustle of Panama City, with its towering buildings and cosmopolitan appeal, lies the cultural Panamanian hub of yesteryear…the charmingly historic and refreshingly eclectic Casco Viejo, Panama.
From Defending Against Marauders to Deteriorating into Rubble
It was founded in the 17th century in its strategic location, on a peninsula jutting into the Gulf of Panama, as a defense against pirates (the reason for its massive iconic seawall). Also of significance was the fact that its location marked the place of shortest distance between the Pacific and Atlantic Oceans of anywhere in the Americas, establishing it as an important shipping port.
However, over time Panama’s “Old City” fell into neglect as all the action moved across the bay where the modern capital of Panama City began to develop and skyscrapers began to sprout. As a result, much of Casco Viejo, Panama, was disintegrating and crumbling into ruins as high-rise condominiums and glistening office towers began to punctuate the opposing skyline.
Magda Wojtyra
Revitalization and Regeneration
The story has a happy ending, thanks to the foresight of its local population as well as the vision and ingenuity of some like-minded expats. Rather than allow this historic city, today a UNESCO World Heritage Site, to waste away, a massive revitalization of the area was begun and still continues today.
And, rather than just level ancient buildings and start afresh with new, modern construction, those involved with the renovations are committed to preserving both the history and elegance of Casco Viejo, Panama.
“Casco Viejo has been steadily being revitalized,” states Patrizia Pinzon of Arco Properties, a real estate professional who specializes in properties in this historic district. “And note that we like using that word revitalize instead of restore. We like to think of Casco Viejo holistically, not only in terms of buildings and square feet, but also its community component.”
Really Old Meets Refreshingly Current
The result to this preservation approach is a glorious juxtapositioning of ancient and modern. Sleek new nightclubs pulse with energy next to the historic town square. Boutique hotels and chic coffeehouses dot the spaces between dilapidated buildings still waiting for their turn to be rediscovered and re-imagined.
It’s an area that is perpetually reinventing itself. You needn’t spend long in Casco Viejo to realize that this is a place where things are happening. Grand things.
A Mix of People As Eclectic As Their Surroundings
When a place exists in a constant state of evolution, its people tend to reflect the same level of singularity and variation. Casco Viejo, Panama, is no different.
Its population consists of drifters and wanderers, entrepreneurial expats, overly eager tourists, and everything in between. Despite their differences, they share one major attribute in common: an innate fascination with the place they call home or are merely passing through.
“Buyers are those who connect with pedestrian-human scale cities and towns,” says Pinzon. “They come from everywhere. Europe has a big representation, but also the United States, especially people who have lived through the revitalization of a place. They are united by a sense of adventure, of romance. They all love walking and meeting people in the street. Above all, they place a high value on authenticity.”
And that walking the streets part isn’t necessarily by choice. The streets of Casco Viejo were laid out before there were cars, so this historic city is as pedestrian as they come. The town’s close-knit design makes it impossible not to get to know your neighbors, as well as the interesting strangers you’re likely to encounter.
Ana Freitas
The Future of Casco Viejo, Panama, Real Estate
Panama, as a whole, has seen incredible growth in recent years, even surpassing their pre-recession highs in most areas. The areas around the nation’s capital, including Casco Viejo, are no exception. In fact, they’ve seen an even greater appreciation than much of the country’s interior, where construction has somewhat slowed.
This is far from being the case in Casco Viejo, where locals and expats alike continue to see potential in the crumbling buildings of the historic district. Pinzon predicts that the area’s growth will continue, slowly but steadily. She remarks that there is also a substantial business community growing in Casco Viejo, Panama.
“The first big hotel (50 rooms, which is big for Casco Viejo) opened its doors earlier this year, and you can already see beautiful things happening around it. The American Trade Hotel, with its event hall and the Danilo Jazz Club, has started to attract new people and has given the district a stunning showcase on all levels: architecturally, culturally and socially.”
While there are many options for purchasing real estate in Casco Viejo, Panama, Pinzon suggests buying an apartment while it’s still in the pre-construction stages. With a place that’s already entering the development process, you can get the benefits of paying a known price up front and then acquiring the property a year or two later once it’s automatically experienced some appreciation.
In addition to avoiding the headaches of undertaking your own construction and renovations, you can also enjoy no property tax for 30 years if you qualify. Panama’s laws are extremely pro-business and pro-investor. There are also numerous perks for those who wish to launch a tourism operation, making Casco Viejo an excellent choice for opening a business that caters to the interesting mix of people who visit Panama’s old city each year.
Even those who live and work in Casco Viejo continue to be amazed by the changes that are constantly taking place around them. There’s certainly no doubt that big things are happening in Casco Viejo. The only question is…do you have the vision required to be a part of them?
Map Casco Viejo, Panama
Casco Viejo, Panama Fast Facts
- Population: 200,000+
- Typical temperature: From 60 to the mid-80s Fahrenheit
- Nearest airport with U.S. flights: Tocumen Airport. Domestic flights to Panama City, Panama and international flights to Costa Rica depart from Enrique Malek International Airport in David
- Nearest U.S. consulate: Panama City, Panama
Magda Wojtyra
Bocas del Toro, Panama, is like something from another planet, another era even. It’s been compared to Key West, Florida, with its quaint tropical-meets-Victorian architecture. It’s been dubbed the “Galapagos of the Caribbean” due to its rich ecological diversity.
But one thing is for sure. Bocas del Toro is uniquely alluring with a call that summons tourists and expats alike to return again and again to its myriad attractions. It’s a great place to visit and, according to local real estate experts, an even better place to invest or buy property.
Drriss & Marrionn
Conveniently located and perfectly climate-controlled
It’s rare to find a place that is the embodiment of the tropical paradise that time forgot, yet is so easily accessible. Bocas del Toro offers the best of both worlds.
Situated a short distance from Panama’s Caribbean Coast, just south of the Costa Rican border, it even has its own modern airport with several daily flights from Panama City and David. It can also be reached by ferry, water taxi, or private boat via three full-service marinas.
Because of its location it also offers gorgeous weather that’s among the best in the region. Rather than a long, extended wet and dry season, Bocas del Toro enjoys a bit more fluctuation throughout the year. Granted, it can rain at any time, but the islands are generally dry during February through May and September through October. July and December are generally the wettest months and September offers the calmest conditions at sea.
Daily temps range between the high 70s to low 90s. The islands can also be quite humid, but the cooling breeze off the ocean does much to mitigate the mugginess.
T Auchgurke
From buccaneers to bananas
The history of Bocas del Toro only adds to its modern-day charm. When Christopher Columbus first discovered the islands in 1502, he was so enamored with their beauty that he named several of them after himself: Isla Colon (Columbus Island), Isla Cristobal (Christopher Island), and Bahia de Almirante (Admiral’s Bay).
During the 17th century, the islands were popular among pirates who came to repair their ships and, reportedly, bury their treasures. Although, to date, none have been found. The indigenous people were nearly wiped out by disease and Spanish militia before the area was finally settled by wealthy aristocrats in the early 19th century.
Following the abolition of slavery, the servants of these early settlers were joined by Jamaicans and other islanders who began to make a living by fishing and raising bananas. This is still a thriving industry today, as the plantations of Bocas del Toro contribute to the multinational Chiquita Brands International, with Bocas alone exporting 750,000,000 tons of bananas annually.
Bocas del Toro, Panama offers nature galore
The entire archipelago lies in a tropical rainforest ecosystem. As a result, the islands are lush with tropical flora and fauna. It looks like a postcard everywhere you turn. In the jungles you’ll find rare species of birds, butterflies, sloths, monkeys, and even the tiny poison dart frogs that are indigenous to the islands.
The island’s nine main islands, plus 52 cays and hundreds of additional islets, are perfect for exploring by kayak. Surrounding the islands are hundreds of mangrove keys and virgin coral reefs teeming with exotic aquatic species.
The islands themselves offer white sand beaches that are pristine against the turquoise waters. Snorkeling and diving are popular activities in Bocas del Toro, as are surfing, boating, and island hopping. On land, there are also plenty of opportunities for camping, hiking, and exploring the jungles.
Perhaps the largest attraction in Bocas del Toro, Panama is Bastimentos National Marine Park, the first in the country and one of the most important in the world. Covering over 30,000 acres, it’s a protected area for the endangered manatee, as well as a spawning ground for tarpon. The area is also a great place for watching dolphins and sea turtles.
Why photos of Bocas del Toro are so easily recognizable
Once you’ve been to Bocas del Toro, you can immediately choose its picture out of any lineup. The area is famous for its structures that are built on stilts in the water. As a result, it makes for a striking skyline.
Spending time in Bocas means shopping, dining, and even sleeping out over the calm waters of the Caribbean. Many beachfront homes in Bocas del Toro are situated out over the sea. These houses and commercial areas are charmingly set amongst the lush tropical landscape, which stands out against the 10,000 foot peaks that are visible on the mainland.
Aerial photos of the area show heavily treed islands dotting a crystal blue sea, with dozens of thatched roof structures sprinkling their shores, a scene you might recognize from the opening credits of any number of the “Survivor” series as so far 18 countries have traveled to Bocas to film theirs.
S. McCallum
It offers the right balance of rustic versus recent
The islands and their central city of Bocas Town are charmingly quaint, with their Caribbean colonial structures, a style that is required of all new construction. The streets are paved. The water is drinkable. And the hotels offer modern conveniences such as cable television and wireless internet.
Yet everything is distinctly laid-back and pleasantly behind the times. Accommodations lean towards rustic and authentic, rather than posh. Ecolodges abound, and sustainable tourism is a major focus. There’s no electrical grid, as the entire area is powered by a generator plant. As a result, the area is protected from overdevelopment and prices have remained low.
Another major nod to Bocas Del Toro’s authenticity is the way it has integrated the local Ngobe-Bugle people into the overall island experience. The indigenous people share their traditional customs with visitors. They thrive by fishing, farming, and selling their handmade crafts to tourists.
Pereira Miguel
Not too slow, not too fast…the pace of life in Bocas del Toro is just right
Many residents of Bocas del Toro choose it for their home due to the very same appeal that wows tourists the moment they step off the boat or plane. It’s the indescribable warmth and ease of the area and its people.
Much like being on a perpetual vacation, it’s completely free of the hassles the rest of the world encounters on a day-to-day basis. There’s no traffic, no smog, no hurried atmosphere.
In Bocas del Toro, Panama, everything moves at a calm pace so as not to distract your attention from the overwhelming abundance of unspoiled nature that surrounds you. And that won’t change any time soon.
The Bocas del Toro, Panama real estate market is enjoying the same steady pace
The islands of Bocas del Toro are known around the world for their distinct tropical appeal. Panama’s top tourist destination, they attract visitors from all over the world. Many of them are so wowed by the islands’ natural beauty and atmosphere that they end up making it their permanent home. Yet, property in Bocas del Toro remains surprisingly affordable.
In fact, it’s one of the few areas like it that are still left in the region. It offers a variety of living options, from oceanfront homes to jungle retreats, that can still be had for a fraction of the cost of similar properties elsewhere.
As a result, the area has been drawing quite a bit of attention in recent years. However, per J.B. Seligman of Buena Vista Real Estate, Bocas attracts a slightly different crowd than many other expat destinations in the tropics.
Seligman says today’s newcomers are around 35 or slightly older, ranging from those with young kids to those whose kids are almost ready to leave the nest. Rather than waiting until retirement age, they want to invest in property that they can use to earn an income so that they can start enjoying the tropical lifestyle now.
“It’s the younger crowd wanting income-producing property. So we are selling lots of this type of inventory, be it a small hotel, hostel, bar, or restaurant. But this type of inventory is limited, so now there’s a new resurgence in building.”
Magda Wojtyra
Where Bocas del Toro, Panama real estate is headed
According to Seligman, the global economic crisis was felt deeply in Bocas del Toro, but it’s definitely now on the upswing. More reasonably priced properties are what’s moving, and he indicates he sees that trend continuing.
“I see Bocas continuing this upward swing but at a controlled pace, a good pace, for the next 2-3 years,” says Seligman.
Sandy29
Come to visit…stay to live, work, and play
In short, Bocas del Toro, Panama, is a destination like no other. It’s rich with authentic culture, charm, and natural beauty. It’s no wonder tourism to the area is on the rise.
It’s also not a surprise that so many tourists are making the decision to live, invest, or even start a business in Bocas del Toro. With so much to do and see in the area, there’s no indication the influx will slow in the near future.
Bocas del Toro is the perfect setting for the right investor to open an ecolodge, tourism operation, or another business catering to travelers. The nation of Panama is pro-business, pro-investor, and incredibly pro-tourism. And the opportunity to own a perfect piece of island paradise has never been more attractive for the entrepreneurial expat.
Map of Bocas del Toro, Panama
Bocas de Toro Fast Facts
- Population: About 9,000
- Typical temperature: Average temperature is 80 degrees
- Nearest airport with U.S. flights: U.S. bound flights leave daily from Tocumen Airport, domestic flights depart for Bocas del Toro from David and Changuinola.
- Nearest U.S. consulate: Panama City
The Ecuador cost of living is among the most affordable throughout Central America for expats, retirees, and investors. Learning how prices may vary from location to location can help make a budget for paradise.
Tibo
Ecuador Cost of Living – Setting Reasonable Expectations
As more and more interest is being focused on Ecuador as an expat “hotspot”, greater attention is being paid to how much it actually costs to live there. Setting reasonable expectations on what the actual cost will be is an all-important first step in making the transition to the Ecuadorian lifestyle.
Factors That Impact the Ecuador Cost of Living
The old maxim “location, location, location” certainly applies when looking at the cost of living in Ecuador. Larger cities like Quito and Guayaquil will be more expensive than smaller cities and towns such as Cuenca or Ibarra.
Property type and size is another important factor. A one bedroom apartment outside a city center will certainly be less costly than a multi-bedroom unit in the heart of the action. Stand-alone properties can carry a higher price tag than apartment buildings or condominiums.
Deciding how modern or how rustic of a lifestyle to follow will also impact a budget’s bottom line. Air conditioning, high speed internet, cable/satellite television are just some items that may come with a higher price tag than expected.
Even shopping for groceries can impact the Ecuador cost of living. Buying local meats, produce, and products will be more economical than purchasing those stateside items that have to be imported.
Property Values – Renting versus Buying
One of the most important decisions impacting the Ecuador cost of living is whether to buy or rent property. Like most Central American countries, expats have the same ownership rights as Ecuadorian citizens.
With a wide selection of properties that range from turn-key residences to land waiting to be developed, Ecuador has many options. If purchasing is not a viable option, countless rental units can meet every taste and lifestyle. Prices overall are more affordable than many other Central American locations.
Medical Expenses
One item often overlooked in making an expat budget is the cost of medical care and insurance. Ecuador is fortunate in that the major cities (Quito, Guayaquil, Cuenca) provide quality care at a significantly lower cost than the United States. Also there are a number of health insurance providers that are based in Ecuador that offer rates much lower than their stateside counterparts.
Traveling to and from Ecuador
Being able to travel to and from Ecuador is another often overlooked expense in the expat budget. There are several international flights to both Quito and Guayaquil from destinations like Miami (for example).
Since many smaller cities and towns do not have an international airport, an additional cost of shuttle or rental car should be added in. Depending on how often you are planning to travel outside Ecuador, the cost of airfare and ground transportation could be considerable.
Vilseskogen
Ecuador Cost of Living – Comparing Cuenca Ecuador to Tempe, Arizona
Cuenca, Ecuador has a “sister city” arrangement with Tempe, Arizona. Comparing the cost of living in Cuenca and Tempe provides a great illustration of the price differences that an expat could expect.
Below is a brief comparison that illustrates some of the basic differences between these two “twinned cities”. Similar differences are reflected in other areas such as food items, clothing, and entertainment.
| Item | Cuenca | Tempe |
| Utilities Per Month (1 bedroom apt)( includes electricity, heat, water, garbage) | $42.50 | $546.30 |
| Cable/Internet | $43.50 | $29.82 |
| Rent (1 bedroom-City) | $520.00 | $917.50 |
| Rent (1 bedroom-Outside city center) | $446.50 | $650.00 |
The cost of living in Cuenca is clearly lower than Tempe, again, depending on the amenities, lifestyle, location, etc. desired. Factoring in all of the potential costs ahead of time can prevent “expat regret” in moving to Ecuador.
Ecuador Cost of Living – Other Matters to Consider
When potential expats start planning their move to Ecuador some items that are not directly part of the budget should also be given consideration. These matters are often overlooked until the last minute and can throw a carefully planned budget totally out of balance.
Buying or Importing a Vehicle
Depending on the location, having access to a vehicle may not be a necessity. However, living outside a city center will almost certainly require having some kind of regular transportation.
Like most Central American countries, vehicle prices will be higher for the same model than in the U.S. A Volkswagen Golf, for example that costs $20,842 in the U.S. may be $25,000 in Ecuador.
By comparison, some expats choose to import their existing vehicle. While this may be less expensive, there is still a considerable cost plus the various import requirements to bring a vehicle into the country.
Regardless of which option is selected, the cost of having a private vehicle in Ecuador will represent a significant upfront expense that could impact a budget.
Shipping Personal Belongings
Many expats want to bring many of the comforts of home (furniture, bedding, appliances, etc.) to their new location in Ecuador. Shipping via ship container is not a cheap prospect and transporting the items once they arrive in country can also involve a major cost.
Jeffrey Powell
What About All Those Online Claims About Living in Ecuador for Practically Nothing?
There is an old saying that goes: “If something sounds too good to be true, it probably is.” Many online articles may contain statements that the Ecuador cost of living is minimal; the question that should be asked is “What does that statement include?”
Often, such claims refer only to property prices without taking into consideration all the other facets of daily life. Rather than take these claims at face value, doing due diligence and learning all that can be learned about life in Ecuador, the pluses and minuses of various locations, and what living as an expat will entail, can provide the necessary facts and figures to make the best decisions.
Ecuador does offer a unique and affordable lifestyle for expats and investors. While less expensive than counterparts in the U.S., Canada, and Europe, Ecuador cost of living isn’t the bargain basement price often touted online. How little or how much is spent will vary from person to person and lifestyle to lifestyle.
What Is the Best Way to Learn What the Ecuador Cost of Living Would Be?
The best way to truly understand what it would cost to live in Ecuador is to visit this beautiful South American country. Experiencing daily living in Ecuador can help develop both a plan and a budget for moving to paradise.
Viva Tropical Radio
This week I talked to Phil Flanagan, world traveler and overland expert. Phil sourced and converted a European van to travel the world for less than $18,000 USD. He then proceeded to drive across Europe, Asia, North America, then South America for the ensuing 5-6 years.
In this episode Phil teaches you how to do it too, where to find a car, and his minimalistic approach to maximum travel experience. Phil and partner Angie were able to to travel this way for $50 a day, including food for both of them, maintenance, gas, and everything else.
Phil and Angie in Kyrgysztan
In this episode, we discuss:
- How to build your own overland vehicle for only $18,000 USD
- Learn what vans make the best choices
- What to consider before you buy your overland vehicle
- How to avoid the “extortion highway” in Honduras
- The incredible rewards just waiting for you on the road
And much more.
Listen to the show
You can listen to the show using the player above or grab it and listen on the go via one of the following options:
- Click here to download the mp3
- Click here to subscribe via iTunes
- Click here for the RSS feed (non iTunes)
- Click here for the show archive
The Show Notes
Phil Flanagan has his own travel site that you can see here
Long known for its eco-friendly tourism and as a surfing mecca, Costa Rica is gaining a reputation for undersea adventure as well. Scuba diving Costa Rica is attracting a whole new group of pura vida explorers seeking to experience the treasures of the deep.
Scuba Diving in Costa Rica
Scuba Diving Costa Rica – A New and Thriving Dive Destination
Life in Costa Rica has long been geared toward an eco-friendly and sustainable culture. In 2007, the government declared that it wanted to be carbon-neutral by 2021. This has led to increased interest in ocean life, both above and below the surface.
Scuba enthusiasts have recently discovered the great potential for underwater adventures that exist in Costa Rica. As infrastructure improvements have made access to the Southern Pacific region that much easier, experienced and novice divers are making their way to prime dive locations.
The Best Locations for Scuba Diving in Costa Rica
The Pacific Coast of Costa Rica has become a vibrant and exciting scuba diving playground. From the resort areas of Guanacaste to the rustic and untouched beaches of the Southern Pacific zone, divers are enjoying the sites and adventures that await beneath the surface.
Scuba Diving in Costa Rica
Here, in no particular order, is a list of the best dive spots in the land of Pura Vida:
Playas Del Coco: Home to the first PADI (Professional Association of Diving Instructors) five star location in Costa Rica, this resort community has become a major hub for diving expeditions in the Gulf of Papagayo.
Cabo Blanco/Montezuma: In addition to being the first natural reserve established in Costa Rica, the Cabo Blanco Absolute Natural Reserve includes 18 hectares of ocean. With the abundance and diversity of the marine life in the area, divers will find plenty to see and experience in the course of their diving adventures.
Tortuga Island: A 40 minute boat ride from Herradura Bay will bring divers to this haven of underwater canyons and caves. Average depths of 30-50 feet make this a great location for less experienced individuals who still want to view the unique and diverse underwater habitat.
Bat Islands: During the months of May to November, divers flock to the Bat Islands area to experience some of the most exciting scuba experiences in Costa Rica. In an area known as “Big Scare”, divers can get up close and personal with bull sharks – some as large as six to seven meters long. This is the only spot in Costa Rica to dive with these ocean predators.
Another unique feature of the Bat Islands area are the Giant Pacific Mantas. These ocean-going “bats” and the smaller, devil rays, can provide divers with a once in a lifetime experience.
Catalina Islands: Like the Bat Islands, the Catalina Islands are easily accessible and filled with sea life. Since the dives are non-anchored, they are recommended for more experienced and certified individuals.
Cano Island: Thirteen miles from Drake Bay lies Cano Island. This largely undeveloped location has some of the best diving in the entire country. Being a protected marine park makes for a wonderful opportunity to see reef sharks, eels, and a wide variety of undersea life.
Cocos Island: Believed to be the home of the largest schools of hammerhead sharks on the planet, Cocos Island National Park is one of the premier scuba diving locations in the world. Located 300 miles off the Costa Rican mainland, this remote diver’s paradise is accessible by fully equipped dive boats that schedule week-and-a-half tours.
Aside from the natural treasures lying beneath the waves, legend holds that the island may contain three of the world’s largest caches of riches. The entire horde of Lima’s riches are said to be buried there to escape Bolivar and his men in 1821.
Martin van Gestel
Wreck Diving in Costa Rica
For those divers who like the thrill of exploring the remains of sunken vessels, Costa Rica has a number of wreck diving locations. With dates that range from the 170os through modern times, these wrecks offer a unique undersea experience.
Tortuga Island/Montezuma Wreck Sites: The only location in Costa Rica with three wrecks that are available for diving. The Caroline Star is a great wreck for advanced divers; the Franklin Chan Diaz, a former Costa Rican Coast Guard vessel is 95 feet in length and rests at 75 feet. Another Coast Guard ship, the Coronel Alfonso Monge is in about 50 feet of water.
Cahuita Wrecks: Within the nearly 600 acres in the national park are two shipwrecks. The premier attraction is the Spanish galleon from the 1700s, a scant six meters below the water’s surface. Cahuita is also the location of Costa Rica’s best coral reef.
Limon/Isla Uvita: This is the resting place of the Fenix, a cargo ship that sank off the island. This is one of the few wreck sites on the Caribbean side of Costa Rica.
Playas Del Coco: There are two small wrecks, one a fishing boat, the other a sail boat off the coast from Playas del Coco. The dive sites, known as Meros and Tortuga, are both in fairly shallow (40-60 feet) water.
53Flickr
Scuba Diving in Costa Rica Isn’t Just for Experienced Divers
If you are interested in a scuba diving adventure but have little or no experience, Costa Rica’s growing diving population may be your doorway to adventure. With the number of PADI locations growing throughout the country, finding a beginner’s instruction course is easier than one might think.
Courses can be as basic as a one day, non-certification class that can provide an introduction to the adventurous world of scuba diving. Additionally, most centers offer certification/recertification options for more experienced individuals.
The thrill of seeing life undersea can add a perspective not gained elsewhere. Costa Rica is making the world of scuba diving a true pura vida experience.
Viva Tropical Radio
Christopher Minster, Latin American History expert, discusses the Maya, an ancient culture that developed reading, writing, and a complex society.
We talk about their beliefs, their fascination with all things celestial, and how their language was built. Christopher and Josh also talk about their favorite Mayan ruins to visit in Central America today.
In this episode, we discuss:
- Did the Maya make human sacrifices?
- What and where are the best Mayan ruins to visit?
- Where you can see the Maya today.
And much more.
Listen to the show
You can listen to the show using the player above or grab it and listen on the go via one of the following options:
- Click here to download the mp3
- Click here to subscribe via iTunes
- Click here for the RSS feed (non iTunes)
- Click here for the show archive
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