From The Caribbean to the Pacific coasts, you will encounter in Panama not only a tremendous diversity of landscapes, but a variety of real estate properties as well. Whether you are interested in a Caribbean island property, one of the condo in Panama City's striking skyline, one of Bocas del Toro's charming Caribbean gingerbread houses or beachfront homes, or one of Chiriqui's pleasant mountain retreats, you are likely to find the piece of real estate of your dreams in Panama.
If you are interested in reforestation projects, please read an ExplorePanama editorial on reforestation.
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Unlike many of its Latin America neighbors, ownership of real estate property and/or private investment in it, is guaranteed and protected by Panama's Constitution under Article 44. Since it was enacted, the Civilian Code has stipulated that Panamanian law is applicable to both nationals and foreigners alike.
With the US dollar serving as the country's legal tender, Panama has enjoyed a significant advantage when compared to the rest of Latin America. Real estate property has been, since Panama's separation from Colombia in 1903, attractive to foreign investors, particularly those from the United States.
In Panama all real estate property titles are registered at the "Registro Público" (Public Registry) through a bureaucratic yet straight forward process. In some situations, people will sell their "derecho possessorio" or "rights to possess". Derecho possessorio can refer to two situations:

1. Government land occupied by peasants, where after a length of time, the occupant can claim the occupied piece of land, and officially obtain the "right of use" for a indeterminate period (it has been known to pass from one generation to another.) This right can de sold.
2. The other derecho possessorio or Right of Ownership refers to unused idle private land that is occupied and worked by third parties for an extended period, ( over at least 5 years) which can be claimed by the people who have worked the land. It is a legal process that requires probes and witnesses. Consequently large extensions of land must be periodically inspected or placed with live stock or buildings to show prove of use.

Please note that once you obtain this right of ownership you should receive a document that enables you to sell this right.
We strongly advise that you retain the counsel of an attorney when considering property ownership in Panama. Qualified legal counsel should shed some light on the intricacies involved when making a real estate purchase.

Real Estate listings currently in the the active links below:

Bocas Del Toro | Chiriqui Highlands (incl. Boquete)| Central Panama (incl. Panama City)
San Blas | Darien | Azuero | Lost Coast