What to Know When Buying Real Estate in Panama
Buying real estate in Panama can be a confusing experience, and full of uncertainty. One of the most prevalent qualms among foreign buyers is whether or not a property’s asking price is a fair one. It is sometimes difficult, even...
The Truth About Rights of Possession or Derecho Posesorio
The term Derecho Posesorio simply means, right of possession. Derecho Posesorio is a type of land reform which came to be in the 1960´s under the direction of General Omar Torrijos, the father of Panama´s current President,...
Punta Chame - Panama Realtor's Pick of the Quarter
One of Panama Realtor’s guiding principles has been to assist our clients identify value properties—those properties that not only suit their needs, but that are also available at below market value. This is how we have bee...
The General Process of Buying Real Estate in Panama
Once you've decided on your ideal property, it is highly recommended that a title search be completed to ensure that the property in question has clear title, and is free of any liens or liabilities. This step is usually incl...
Panama Calling to Preserve Its Edens
EDWINA VON GAL, a garden designer based in East Hampton, N.Y., first saw Panama five years ago, while cruising down the Panama Canal on a yacht owned by Jean Pigozzi, an Italian investor. She and her husband, Jay Chiat, the co-founder ...
A Crowded Field of Contenders Vying to Be 'The Next Costa Rica'
For the past decade or so, Costa Rica has been on the ''must do'' list for travelers who want to experience a guilt-free (but still occasionally luxurious) vacation, as it has been home to a growing number of eco-resorts, including the...
S&P raises Panama outlook to 'stable'
NEW YORK, Feb 18 (Reuters) - Standard & Poor's Ratings Services on Friday revised the outlook on Panama's long-term sovereign credit ratings to 'stable' from 'negative.' It affirmed Panama's 'BB' long-term sovereign credit ratings....
Beauty and Tax Breaks Lure Buyers to Panama
WHEN Larry and Honey Dodge of Jackson, Wyo., first visited this fledgling eco-tourist destination two years ago, they were thinking about retiring abroad and decided to take a vacation here to check it out. They had read about Panama's...
Retirees Find More for Less in Panama
* Tax breaks, lower prices and a laid-back lifestyle draw a growing community of Americans to one of the nation's small towns. BOQUETE, Panama — Golf course manager John Sutton had had enough of lawyers, telemarketers, several o...
Terms and Conditions for Financing a Primary Residence for a PART TIME Resident of Panama
OUTLINE TERMS AND CONDITIONS FOR FINANCING THE PURCHASE OF A WEEKEND/INVESTMENT RESIDENCE (PART TIME RESIDENT OF PANAMA)Financing:Up to 65% of the purchase price or estimated market value, whichever is the lesser.Interest rate:6.75, p....
