Colon is the second largest city of Panama located on the Caribbean end of the famous Panama Canal. Due to its three ports, Colon is one of the most important port in the Caribbean, which makes it a popular stop over for cruise ships. Colon is easy accessible by train, car, plane and water it is ideally situated in the mid north of the country. Colon is widely known for its commerce (banking), rainforests and coral reefs and those living outside the city are able to kick back and enjoy the beauty of living amongst nature. There is much to do in all of Panama where visitors can choose to get lost watching bird life, fish to their hearts content or hike up to a volcano.
For those looking to invest into local property, Colon offers a great deal of interesting options away from the big city. What makes Colon and in fact Panama so attractive to many overseas investors are the great property prices still found these days. This lends itself ideally for a couple of retirees looking to elope from the hassles of living in a crowded place. If however action is your thing, then by all means look closer to the city.