Our Knowledge:
Real Estate
Explore comprehensive guides on buying, selling, and investing in real estate as you plan your move abroad. Discover insights on property markets, legal considerations, and tips for finding your dream home in a new country.
Understanding Property Laws and Regulations in Panama
Navigate property laws in Panama with ease! Understand ownership types, regulations, and key legal processes for a smooth real estate investment experience.
Understanding Property Taxes in Panama
Discover property taxes in Panama, essential for savvy investors. Learn how assessments work, rates differ, and exemptions can save you cash!
Luxury Real Estate in Panama: What to Expect
Explore luxury real estate in Panama, where stunning landscapes and vibrant culture attract both locals and expats. Discover your dream property today!
Navigate Panama’s Property Market as an Expat
Explore the Panama property market for expats with our guide! Discover tips, legal insights, and trends to help you navigate your new home.
The Benefits of Owning Property in Panama
Explore the perks of owning property in Panama, from affordable real estate to tax benefits and stunning landscapes—your gateway to a vibrant lifestyle!
A Guide to Buying Property in Panama
Considering buying property in Panama? This guide walks you through key insights, legal tips, and local hotspots to explore your investment options!
How to buy a property in Panama
Purchasing property in Panama can be an exciting opportunity but involves careful steps. This guide outlines the key things you need to consider to successfully acquire property. Firstly, set a budget and add 10% for additional costs. Research different neighbourhoods and consider factors like proximity, security, and potential value. Decide on the type of property and hire a local real estate lawyer for a smoother transaction. Open a local bank account and explore various financing options. Hire a reputable real estate agent to help find properties that meet your criteria. Make sure to inspect potential properties in person and consider annual costs like property and land tax.
How to find an apartment in Panama City
Tips for finding an apartment in Panama City:
– Know your budget and rental needs before starting your search.
– Consider regular, short-term, or shared apartments as options.
– Use online platforms like Encuentra24 and CompreOAlquile to search for listings.
– Browse the websites of real estate agencies such as Panama Home Realty and Rent a House Punta Pacifica.
– Familiarize yourself with popular and avoidable neighborhoods.
– Make contact with several landlords using phone calls, emails, or WhatsApp.
– Provide necessary information, such as your name, job, and move-in date.
– Schedule multiple apartment visits on the same day to compare and make an informed decision.
– Thoroughly inspect the apartments, building exterior, and neighborhood.
– Trust your instincts when choosing the right apartment for you.
– Sign the lease contract and pay the deposit and first month’s rent.
– Arrange for internet and TV subscriptions and update your address on residency documents.
– Use websites like Airbnb, Panama Casa, and Holiday Homes for short-term rentals.
– Check out Yoo Rentals and Panama Casco Viejo for temporary rentals.
– Use references such as Encuentra24, CompreOAlquile, and Gogetit to aid your search.
– Consider real estate agencies like Panama Home Realty, Rent a House Punta Pacifica, and Panama Equity for property listings.
– Keep in mind the rental requirements and documentation needed, such as proof of income and identification.