Panama Metro Update on Lines One, Two, and Three
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In momentous news, line one of the Panama Metro will be opening next month, and represents an investment of over two billion dollars. Buildings within walking distance to metro stops have seen strong demand from commercial tenants, so look for property values to increase as activity picks up after being dormant in the construction zones for over two years.
Line two and three represent an additional four billion dollar investment and will radically change the scope of commuting life for many of Panama’s suburban population. This will, in all likelihood, spark small boom towns both along the route and within a short driving distance from the new stations.
The third line of the metro will open up areas west of Chorrera such as Capira and Chame, making a commute feasible from further and further outside of Panama City. It’s a trend that’s happened all over the world: cities expand based on increased access and Panama is no exception. At Panama Equity, we’re watching closely areas like Capira (site of a new logistics hub), as well as small towns as far west as Bejuco to become the new “commuter towns” once line three is ready.
Kent Davis, founder of Panama Equity Real Estate, is a leading expert in Panama’s competitive real estate market. Originally from Honolulu, Hawaii, he holds a Marketing Information Systems degree from James Madison University. After a successful corporate career managing multimillion-dollar inventories at Hajoca Corporation, Kent pursued his dream of living abroad, moving to Panama in 2007.
Driven by an entrepreneurial spirit, he established Panama Equity to connect buyers, sellers, and investors with Panama’s top properties. Known for his transparency, expertise, and market insights, Kent has helped hundreds navigate Panama’s real estate landscape. Fluent in Spanish, he frequently publishes market reports to empower clients with informed decisions.
Beyond real estate, Kent is passionate about Panama’s culture, landscapes, and surf-friendly beaches. He lives in Panama with his wife and three sons, embracing the vibrant lifestyle the country offers.
