Category: Real Estate

The Ministry of Housing and Territorial Planning (Miviot) will be updating the regulations governing horizontal properties as announced at the Horizontal Property Congress and the inauguration of Expo PH 2024. The current law contains 125 articles and highlights priority issues such as the Emergency Fund, which helps real estate units to face a situation that…

In the first half of 2024, Panama saw a notable 8.7% increase in foreign tourism, welcoming 1,443,424 visitors—an impressive 115,245 more than during the same period in 2023, according to data from the Panama Tourism Authority (ATP). Tocumen International Airport received 1,029,528 visitors which is a substantial 15.8% rise compared to the 889,415 who arrived…

The commercial real estate market in Panama is experiencing a stable recovery following the COVID-19 health crisis and is now entering a new phase of expansion.

In depth explanation of how real estate taxes work in Panama.

Expo Vivienda Capac 2023 is one of the most important real estate fairs in the country and the latest fair registered sales of houses and apartments of more than $130 million.

Panama allows foreigners to open bank accounts, but they must provide more documentation for due diligence compared to European or North American banks. Requirements All documents must be recently dated (usually within three months). Documents Various banks might require more information, for example, the wellspring of assets you mean to store. There are distinct application…

The month of January 2023 saw a total of $42,018.64 thousand in collections to the Horizontal Property Regime (PH) of the Ministry of Housing and Territorial Planning (Miviot). These include 704 new real estate units, commercial and residential.

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.