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Is the cost of living in Contadora Island high?

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We asked people how much they someone comfortably live on in Contadora Island, they wrote...

"The cost of living in Contadora Island, is relatively high compared to other parts of the country. This is primarily due to its status as a popular tourist destination and its remote island location. The cost of housing is particularly high, with rental and property prices significantly above the national average. Groceries and other everyday items can also be more expensive due to the cost of transporting goods to the island. Eating out at restaurants and bars on the island can also be quite costly. However, utilities such as electricity, water, and internet are typically comparable to prices on the mainland. Transportation on the island is primarily by golf cart, which can be rented at a daily or weekly rate. Despite the higher cost of living, many residents feel that the island's natural beauty, relaxed lifestyle, and close-knit community make it worth the expense," wrote a member who made the move to Contadora Island, Panama.

Kovalenko & Vera Attorneys at Law in PanamaKovalenko & Vera Attorneys at Law in Panama
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Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.

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Kovalenko & Vera Attorneys at Law in PanamaKovalenko & Vera Attorneys at Law in Panama

Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.
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Click connect to have our partner contact you via e-mail and/or phone.

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Is the cost of living in Contadora Island high?

If you live in Contadora Island, newcomers to Contadora Island would love to hear your answer to this question.


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