Real Estate

The Panamanian economy in 2022 recovered strongly according to the reports of the World Bank (WB), Economic Commission for Latin America, Caribbean (Cepal),and the International Monetary Fund (IMF).

According to the General Directorate of Leases of the Ministry of Housing and Territorial Planning (MIVIOT), a total of 1,941 lease contracts have been processed in Panama from January to November 2022.

The Panamanian Association of Real Estate Brokers and Promoters (Acobir), announced the Acobir Real Estate Expo from January 26 to 29, 2023, at the Panama Convention Center.

The Panamanian Chamber of Construction (Capac) will celebrate the thirty-fifth version of Capac Expo Habitat, at the Panama Convention Center ( PCC), an event in which the participation of some 200 real estate projects is expected.

179 of November 16, 2020 known as “Real Estate Leasing”, that regulates the activity of financial leasing of real estate.

The Public Infrastructure and Canal Affairs Commission of the National Assembly made the pertinent modifications to the Horizontal Property Regime (PH), which were approved in the first debate.

The president of the Board of Directors of ACOBIR (Panamanian Association of Real Estate Brokers and Promoters), Francisco R. Cheng León, believes that we are currently at a very good time to invest in real estate in Panama as future prices could show an upward trend.

Transactions for around $ 100 million and the participation of more than 100 exhibitors are expected to be achieved during the first Virtual Acobir Expo 2021.

Buying a property is likely one of the largest financial investments you’ll make in your lifetime. That is why it is very important to get it done right.

You want to get the best price for your house. You’re willing to do some remodeling – if it will deliver significant ROI. Here are some tips worth considering.