Panama Premium Real Estate

Buy real estate in Panama! We can help you!

Welcome! ¡Bienvenidos! Willkommen! Boa vinda! Bienvenue!

Are you looking for real estate in Central America? Let us show you our Panama Premium Real Estate! We can assist you in every step along the way.

Anai International S.A. is a fully licensed Panamanian Real Estate company whose primary objective is to promote Panamá as one of the best destinations for foreign investment and tourism.

The professionals involved in ANAI have extensive experience in identifying both developed and undeveloped land in Panama that fits the desires and requirements of its international clients. ANAI also advises its clients through the intricacies of acquiring these properties and avoiding the pitfalls linked to defective ownership title.

Anai’s president, Renate Jope, was born in Hamburg, Germany, and has lived in Latin America for most of her life, including Perú, Ecuador before settling down in Panama in 1989. Ms. Jope has spent considerable time in the preservation of Panama’s Pacific coast and in reforestation projects in cooperation with the locals. She is passionate about this little emerald jewel of a country. She is the ideal person to assist you in identifying the pieces of land that fits your requirements.

For a more personal look at what I feel makes Panama such a paradise, be sure to read my blog OhPanama!

Information about prices, products, services and merchants is provided by third parties and is for informational purposes only. ANAi Int. S.A. does not represent or warrant the accuracy or reliability of the information, and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use.

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Advantages of Panama vs. Costa Rica

Advantages of Panama vs. Costa Rica:

Cheaper land
Cheaper imported goods
Better road infrastructure
Plenty of drinkable water
Currency is the U.S. dollar
Stable and peaceful democracy
Lower crime rate
Great retirement place
Great carnival and fiestas
More quetzal birds!
Don’t be the last one to discover Panama

Panama Canal live pictures

For a more personal look at what I feel makes Panama such a paradise, be sure to read my blog OhPanama!

Why I love Panama, and why you will too!

Panama's topography and geographic location present interesting choices for everyone. Beautiful mountains provide an excellent quiet retreat from a bustling city life, and rivers can offer an exhilarating white-water rafting experience. Tropical rainforests are an excellent destination for those who like to see the natural fauna and habitat up close. Coastal areas have some of the best beaches in the world, the finest fishing, scuba diving, and snorkeling, and spectacular coral reefs with colorful marine life. Some terrific tropical islands are also nearby for anyone wishing to make a short leisurely cruise by boat. Some islands are accessible by commuter aircraft.

Panamanian people are extremely generous and hospitable to visitors. Most of Panama is rural farm country and the residents have a relaxed, friendly pace of life. Panama has an extensive Indigenous population with seven distinct traditional cultures. There are no natural disasters like hurricanes or earthquakes.

Costs are low. A typical meal of rice, beans, beef or chicken and salad costs $2. A flight from Panama City to David or Bocas Del Toro costs about $50 each way. Laborers work for $1 per hour. Professional services like medical, dental, as well as construction costs are also cheap. Rent for vacation homes and hotels range from very economical to luxurious.

Panama maintains a hot tropical climate along the coast with fresher temperatures in the highlands. At sea level, temperatures usually hover around 30-33 degrees Celsius (90-100 degrees Fahrenheit) in the afternoon and drop to the low twenties at night (70's Fahrenheit). In mountainous towns like Boquete and Volcan, subtract about eight degrees Celsius.

The Pacific coast receives a distinct dry season between December and May with occasional showers during the wet season. The Caribbean receives a mix of sun and afternoon showers for most of the year.

Panama City offers casinos, nightclubs, shopping, live theatre, and some of the finest international cuisine in Latin America.

The scenery is spectacular and diverse. There are more than 1600 islands, blankets of lush cloud forests, exotic jungles, and endless white sand beaches to explore.

Hiking, horseback riding, surfing, boating, scuba diving, fishing, bird watching, gardening, and hiking are all available and excellent in Panama.

Panama is rich with natural beauty and cultural heritage.

Most notable are Panama's long empty beaches, pristine forests, friendly and hospitable people, and affordable cost of living.

Add high-speed Internet, satellite TV, international cuisine, and offshore tax savings, and Panama becomes a very attractive place to live and invest.

For a more personal look at what I feel makes Panama such a paradise, be sure to read my blog OhPanama!

Panama | PanamaPremiumRealEstate.com | Central America | Los Santos | Real Estate | Tropical Paradise | Tropics | Retirement | Investment | Renate Jope | Anai International | OhPanama.com

Buying Land in Panama Guidelines...

Panama investments:

Buying property in Panama is a great as well as safe investment but it’s important to be familiar with the procedures to make sure things go smoothly. The government encourages and welcomes foreigners to purchase/develop real estate in Panama. Foreigners can buy and sell Panamanian property legally and easily, while also having the security of having the same rights and protections as a local Panamanian property owner, according to Law #54. Foreign investors in Panama and the businesses in which they participate in have the same rights and duties as national or local investors and enterprises, including those that refer to the freedom of trade and industry, export and import.

The main types of properties are: Titled Property and Possession Rights Property.

Panama has a very sophisticated Public Registry with a cadastral department that oversees the registration of titled properties in the country and titled property is commonly the most preferred type since it is easily verifiable in the Public Registry and since private property is guaranteed by the Constitution of the Republic of Panama. Titled Properties also generally incur annual property taxes when the registered value is over $30,000. The procedures to acquire Titled Property are the following: (I would recommend hiring an experienced attorney)

1. Promise to Purchase Contract which usually includes a small down payment at the signing of the contract to secure the property, provide enough time for title search, coordinate payment arrangements for the closing and form a corporate property holding structure, if applicable. This contract should be registered with the PR to guarantee that the property can’t be sold to any third parties in the interim prior to the final closing.
2. Title verification at the PR to ensure that the title is legally in the name of the seller and that it’s free and clear of encumbrances, liens, or misc. issues that could affect the free disposition or transfer of the title. Also the Cadastral map survey should be reviewed and in some cases, it’s recommended to have the survey done again to ensure accuracy and to avoid any potential boundary conflicts. Also thirdly I would recommend verification of utility debts (water, electricity, telephone and sewage.)
3. Buy-Sell Contract: This contract is registered at the PR and the seller is paid off in full, or if an escrow agent is used, payment is made once the title is transferred to the name of the buyer.
4. Title Transfer: Ownership is officially transferred to the buyer once the title is transferred to the name of the buyer, which takes place after the Buy-Sell contract is signed and registered at the PR. If the title is in the name of a corporation and the seller agrees to sell the corporation shares, then there is no transfer of title, only a transfer of shares of the corporation.

These steps are necessary for purchase of Rights of Possession over a property.

1. Promise to Purchase Contract like above.
2. Due Diligence is more complex due to the absence of a central database of information on ROP properties.
· Verification of Certification of ROP. This certification should contain the name of owner and accurate description of the property (size, location, limits, all the neighbors, area, boundaries)
· Survey Verification: should be stamped and signed by licensed surveyor/engineer, identifying the name of the possessor and location details.
· Inspection: The most important details to verify are the physical occupation status, no opposition by third parties and good faith. Have the surveyor confirm the points of the land and ensure there are no boundary conflicts with neighbors. I would recommend keeping the land well maintained and fenced to clearly delineate the boundaries of the purchased land.
· Verification of Permit: If the buyer intends to build a marina, airstrip, port etc. it’s necessary to verify if there are restrictions and/or regulations against such a construction.
3. Buy-Sell Contract: See above
4. ROP certification transfer once the ROP certification is transferred to the name of the buyer, as soon as the Buy-Sell Contract is signed by each party. If ROP is in a corporation, then seller agrees to sell the transfer shares and again there is no transfer of ROP certification only the corporation shares are transferred.

Title insurance is available through major international title insurers although Panamanian laws protect foreign investors. And NO property taxes on new construction! The Seller is responsible for a 2% transfer tax and capital gains taxes.

Panama | PanamaPremiumRealEstate.com | Central America | Los Santos | Real Estate | Tropical Paradise | Tropics | Retirement | Investment | Renate Jope | Anai International | OhPanama.com
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