This past month, Andromeda Ocean Estates was a proud sponsor of the Playa el Arenal Coastal Clean-Up Day to help beautify Pedasi’s beaches. Armed with bright plastic bags, latex gloves and good attitudes, around 50 volunteers collected and removed trash from about 2 miles of coastal lands fronting the Pedasi area. “Fantastic! Amazing!” was how Kathy Barahona described the day. “There was a great turnout. The good weather definitely helped. This says a lot about this community.” Andromeda Ocean Estates was very happy to participate and we would like to thank everyone involved for doing an amazing job! Sponsors of Keep Reading…

The annual ceremony and fiesta of the Virgin del Carmel is an important occasion throughout Panama in coastal towns where maritime activities are important. As the patron saint of fishermen and sailors, La Virgin del Carmen holds a prominent place among local fishermen, symbolizing the effort, suffering and courage of those who endure the harshness of the sea and risk their lives to bring sustenance to their families. Beginning on or around July 16th every year, fishermen from all over Pedasi hold a celebration in honor of their patron saint. After mass in the Pedasi Church, the celebration continues with Keep Reading…

Here are some pictures of the recent construction progress at Andromeda Ocean Estates. We currently have 5 homes under construction and continue to make progress on the landscaping and other infrastructure as well.

The many high rise buildings of downtown Panama City are the first thing that sets this country apart from its Central American neighbors. Another is its rapid pace of economic growth. In recent years Panama has had the fastest growing economy in Latin America. Panama’s open economy, long lines of container ships at its ports, and a financial district that is home to dozens of International banks have contributed greatly to its enviable growth. Between 2005 and 2010 Panama’s economy grew at over 8% a year. The IMF projects Panama’s economy to grow by over 6% a year during the Keep Reading…

Over the past 30 days the home construction teams have been hard at work. They have begun on the second floors of the 2-story homes, and the single story models now have their roofs under construction. They have completed the roof and shingles on the first home and have begun the exterior and interior finish work. The next home is scheduled to begin construction in one month. The infrastructure crew has been working on the sidewalks as well as the final cosmetics of the heavy infrastructure of Phase 1. The landscaping team has been planting the green areas of Phase Keep Reading…