Panama is one of the fastest growing retirement
destinations in the world. It has an interesting cultural background
and the May/June issue of Modern Maturity magazine rated Panama
the fourth best retirement destination in the world. Any foreigner
can own and sell property in Panama and has equal rights over his
property as any Panama citizen. This unique feature makes Panama
real estate one of the most sought after places in the world.
Panama real estate offers a variety of properties which you can
1. Beach house villas
2. City apartments
3. Island Properties
4. Lake Properties
5. Mountain Condos and cottages
Beach front properties are the most popular
Panama real estate properties. They are of two types, one being
tier lots and the other beachfront homes. Tier lots are sets of
properties with individual gating and deeds on the beachfront costing
anywhere from $80,000. Beach front homes are single private properties
with a beautiful view of the ocean. They usually have ceramic tiled
floors and patios facing the ocean so that you can spend a warm
evening listening to the waves rolling in.
Panama real estate also includes nice well
furnished apartments for the temporary traveler who wishes to stay
for a few months. Apartments generally start from $1200 month onwards
for single bedroom ones and go up till $3500 for a 4 bed –
4 bath apartment.
Panama also offers exotic islands for sale
right in the Pacific Ocean. Some of the islands even boast of hidden
treasures along their coasts where divers still dive for gold and
Lake front properties offer spectacular views
of the lake and serene and quiet outdoors with a turtle or two coming
to the lakeshore to feed.
If the panoramic views of majestic mountains
and natural hikes is what you are looking for then a mountain cottage
what you need. These properties are quite close to Panama City and
offer beautiful and invigorating climates for the tasteful customer.
Once you have selected your dream property
and negotiated on the same, a buy/sell contract is drafted with
the help of qualified lawyers and a complete title deed check is
carried out to ensure validity of the property. Once this is done
you can wire your initial payment and a complete breakdown of the
fees is presented after which you can make the final payment and
they hand over you prized property.
To search for available properties in Panama, please click the link
below, or contact us for more
informatin about buying or renting a property in Panama