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.
choose an area from the map below
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.
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
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:
- 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.
- 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 listings currently in the the active links below:
Del Toro | Chiriqui
Highlands (incl. Boquete)| Central
Panama (incl. Panama City)
San Blas | Darien | Azuero | Lost Coast