(Panama Equity) Looking to sell your real estate in Panama, or perhaps just curious about the sales process? This article will cover the basics on selling real estate in Panama, including the costs of selling property and the conveyance process. In some cases, but not all, the first step in the sales process is a reservation agreement, whereby the buyer puts down a good … [Read more...]
Punta Pacifica’s Grand Tower Ready for Occupancy
(World Property Channel) Grand Tower, the latest major project to be delivered in Punta Pacifica, has finally been issued its occupancy permit. The developer of the 55-story tower has started to notify owners to prepare for closings, which are expected to begin in December. The project, which initiated pre-construction sales in 2006, has experienced serious delays and even … [Read more...]
Spending a day in Panama City, Panama
Often I hear that people have either stayed in Panama City and not made it out to see the beaches (shocking I know), or the exact opposite – people come to enjoy the Pacific beach life in Panama for a couple of weeks and don’t make it into the city. Beautiful Casco Antigua This week I was asked to spend a day in the city with some clients, who as often happens, have … [Read more...]
Panama’s man-made island developments
(ioL Travel) Panama is following in the footsteps of Dubai's famous Palm Islands with the creation of two offshore developments off the coast of the Punta Pacifica quarter of Panama City. The Ocean Reef Islands will comprise an East and West Island and are scheduled to open at the end of 2014. The development consists of luxury homes and recreational facilities with green … [Read more...]
One couple’s story about buying a home in Panama
(World Property Channel) It was February, 2006, when we got a phone call from a friend who wanted to know if we were interested in flying to Panama and looking at property. She had met a realtor who was bringing a group of retirees to Panama to look at retiring there. We said, why not? We still didn't know where we wanted to retire. We arrived in Panama on March 3, 2006, … [Read more...]
