Tours Panama
 
 
 
 
Menu


Forum

 

 

 
 

FREE Reports and Information about Panama
Sign up Today

Email:

Panama Real Estate: Real Estate Transactions

Panama has gorgeous beaches which borders the Caribbean Sea and the Pacific Ocean. It has lush rainforests, majestic mountains, a pristine view as well as a great city to boot. Add to the list a great climate 365 days a year, plus a low cost of living and a great and warm people, it is indeed great to travel to Panama and retire to Panama.

With the high costs of living in the US, Canada and Europe, this Central American country is one of the best options that one can have. Panama also has a stable economy and political situation and its overall status is business and investor-friendly.

The real estate industry is also in great shape. If you want to invest in a real estate property in Panama or if you want to turn this into your retirement haven, it is best to consult a professional real estate agent who knows about the in's and out's of the Panama real estate industry.

Here are some of the Panama real estate transactions that your agent can help you with:

1. Purchasing or leasing a property

One of the things that US citizens should not do is to invest in property in a foreign land without the proper know-how and getting legal advice. Although the laws in Panama protect the interests of the buyer, it is better to have a professional deal with this part of the Panama real estate transactions.

Thus, you can have a better chance of having an ironed-out deal and you do not have to worry about being entangled in a legal mess that you can certainly do without.

Even when you lease a property for a certain period of time, there are agreements that you need to study so that you would know what you are getting into.

Learn more about Panama by entrusting this part of the Panama real estate transactions to a licensed real estate broker or lawyer.

2. Business and company-forming services

Another type of Panama real estate transaction that you can get is when you plan to build a company in Panama. You need to have the title of the commercial real estate property under the name of your business.

You would need to get the help of a lawyer for this, as part of the Panama real estate transactions.

3. Legal advice

The most important type of Panama real estate transactions is getting legal advice. There are intricacies to the Panamanian law that you would not normally know about, so it is in your best interest to seek professional help as part of the Panama real estate transactions.

Establishing a bank account, getting permits and drafting agreements are part of the Panama real estate transactions, whether you are leasing or purchasing a property, or starting out a business.

By getting the help of a licensed real estate broker or a lawyer, you can have an easier time out of undergoing the necessary Panama real estate transactions. Thus, you can see to it that your real estate transactions are legal and in accordance with the Panama law.

We have arranged special discounted pricing for legal services in Panama, as well as real estate services that you can trust. Contact us for more information.