Premier Casa Panama has properties in all sectors of the real estate market and order to find your perfect future property the first step is to decide for what classified type of property you are searching for:

  • Residential: Residential property is real estate which has been developed and built for living for example condominiums, townhomes, city apartments and much more. Punta Pacifica or Avenida Balboa are only two of our wide range of high-class areas in downtown Panama where you will find our stunning apartments with amazing views to the Skyline and the Bay of Panama.
  • Commercial: Commercial property commonly refers to either buildings or land intended to be used for any kind of business activity which include for instance office spaces, retail spaces, industrial spaces or land for prospective projects to generate profit. It can be either a Caribbean Oceanfront property for a development project or an office space in Punta Paitilla with the city view for your Panamanian headquarters.
  • Farms: Our properties on the countryside of Panama incorporate everything from farms in Chiriqui with a stunning mountain view, ranches and residential land for sale to build your mountain home.

Visitors flocking to Panama are increasing every year and there are countless reasons for it. The exquisite nature, big city sightseeing, vibrant culture and lively history around every turn – all of them come together as a bulk of awesomeness namely Panama. As the country evolves and changes, it also becomes better each year. 2018 is no exception and this is why Panama is considered as one of the best places to do investment in real estate.

Premier Casa Panama is focused on sales of residential & commercial properties and farms throughout Panama. We provide the highest standards of quality and integrity in all transactions related to property sales, management and advisory services. Our reputation for uncompromising professionalism in everything we do is earned day to day by serving our clients and earning their trust. Premier Casa Panama has an extensive and growing inventory of properties available for sale throughout Panama.

Amongst other areas we have modern apartments located in Panama's premier neighborhood - Punta Pacifica, where you'll get easy access to state of the art shopping malls like Multiplaza Pacific, John Hopkins Memorial Hospital, restaurants and more in just a few minutes. You can also reach "Corredor Sur" in just a short driving distance and reach other areas of Panama City like the Tocumen International Airport in just 20 minutes.

A further interesting building is the Twin Tower which has a swimming pool, social area, and 24-hour security. The building is located in the heart of Panama City, across the street from the Waldorf Astoria Hotel. Just one block away is Avenida Balboa and the Cinta Costera. Near shopping, movie theaters, hospitals, grocery stores,

Amazing views from this luxurious, high floor unit in Aquamare, offering you light-filled living space with large terrace where you will enjoy expansive views of the city skyline and Bay of Panama.

Check out our luxury apartments in the so-called Top Tower offers: Party room with luxurious lobby entrance, comfortable and spacious terraces with green areas and timber decks, fully equipped modern gym with sauna for ladies and gentlemen, covered terrace with bar area.Infinity pool, and swimming pools for adults and children, full business center, spacious children's play area and home theater and squash court.

This article provides a thorough guide to legally and successfully become a Panama property possessor.


Regardless whether the owner of the property has told you that it is titled, it is your responsible to do the fact-check. Once you have located a Panama property that you want to purchase, what to do next is to acquire the following two documents from the owner:

    1. Public deed. This document should contain the title or escritura
    2. Certificate of Ownership and Encumbrances or Certificado de Registracion that is issued by the public registry.

In case the property seller does not have the said documents, ask them for the assigned property number or finca number. You will be able to search for the title with the finca number at the Public Registry's website: As an alternative, have a lawyer do this for you if you are not familiar with the process. It is advised that you be extra cautious when working with owners who do not have these documents and do extra thorough examination of the title to ensure the property you are looking for is identical to the one being sold. The result should indicate: 1) the escritura containing the owner's identification information and the property's description and 2) the certificado de registro public document showing the status of any liens against the property or any legal complications. All the documents must be original and have signatures along with official stamps of the registration office.

For those who are interested in buying our Panama property, Premier Casa places trustworthiness and well-preparedness the priorities while trading with our customers, prospective buyers can be assured that all necessary documents shall be provided upon request.


In addition, copies of the survey plans of the property and any buildings thereon should be provided which entail the name of the owner, the location and size of the property, and other information found in the Certificate of Possession Rights.

If no survey has been conducted, have it done by a licensed surveyor. The goal is to confirm boundaries on raw land. Start by placing a survey marker at each corner of the property. Walk through the whole property and make visual contact with these survey indicators. This process is essential when it comes to Panama property that has not been conducted a survey on.

Take extra note of the dimensions of the property you are purchasing. You can also ask the lawyer to do some research on the government utility agencies to ensure that water and sewer services bills are paid. Allow enough time to conduct a survey in the due diligence in the buying agreement.


Following the research of the title, survey, and utilities, a purchase and sale contract is next on the checkpoint list. This is where you and the buyer are closer to the purchase. As you go into a promise to buy-sell agreement, it allows you to provide the owner of the property a down payment and schedule a date for the transfer of title. Typically, if either party withdraws unanimously, there should be a penalty. More specifically, the content of the promise contract includes:

• The payment

• Set date for title transfer

• The property's legal description

• Usually a deposit is required, which is approximately 10% of the property's price

• Any important stipulations that are pertinent to the transaction

• An agreed number of penalty if either party fails to meet a condition

It is advisable to have a clause regarding "latent defects" on the contract that allows the buyer to terminate the agreement if a hidden flaw or legal issue with the title is disclosed.

The said contracts are binding for both the seller and the buyer so only go into them and go ahead with transaction if you have understood every word written there. The language of the contract will be Spanish though the law does not stipulate this to be the mandatory medium of legal papers.


Have your lawyer draft the final buy and sell agreement. He/she should collect all documents and do an additional review to make sure that no mortgages or liens have been filed in the meantime. The contract is to be recorded at a notary public where all signatures will be authenticated, not at the Public Registry.

The attorney will then put the contract into the final form and draw it up as a public deed, which is when both parties will go to notary public to sign the deed. If you have been familiar with American notaries, it is useful to know that notaries in Panama are different as they are regarded as high-ranking officials, have far more responsibilities, and represent none of the parties. Additionally, they have the final authority in buying and selling Panama real estate in the country.

In short, the buy-sell agreement is carried out by way of a public deed before the notary public in the Republic of Panama, in which the terms and conditions of the sale of the property are indicated.

During the period stated in the agreement, the seller pays the property transfer taxes, shows proof of such payment which will be reviewed by the notary public, and obtains the clearance certificates necessary to the tittle transfer, while the buyer arranges the stated payment. In addition, the buyer of the property is generally responsible for the notarial fees along with the registration fees at the Public Registry.

What's next is the filing of a copy of the notarial public deed for registration at the Public Registry. Consequent to the registration, the title of the property can now be effectively transferred to the buyer.

How to buy Panama Real Estate: A step-by-step guide


The four common payment methods are as follows:

1.Pay in cash: If this is your payment option, make the transaction at the Notary Public where there is an official witness of you paying the seller of the property. Paying by cash is quite common when it comes to Panama property.

2.Pay with a certified check or money order from a Panama bank to which your money is wired: Making a wire transfer from a U.S bank should be fast and simple, considering there is no currency exchange. It is also relatively easy to do so from other countries. Once all the obligations of the purchase contract have been met, you make a payment to the seller in a certified check. Again, it is your best insurance to show the check or money order in front of a notary official.

3.Use a bank or escrow company in Panama: Recently, the escrow services have bloomed, making it convenient for you to find one. First, the bank or escrow company will provide an irrevocable letter of payment at the time of your deposit. Your lawyer should be able to help you get this letter. It should state that the bank or the company is responsible for paying the price of the property to the seller immediately upon the transfer of the title or once all the conditions are

4.met. This method can also be an alternative for those who do not possess a Panama bank account. The bank or escrow service will ensure that everything is in order before the money is transferred to the seller.

5.Ask your lawyer to handle the payment: Provide the attorney with the funds and have him or her transfer them. Provided you have sufficient confidence in them, it is a wise decision to let your lawyer handle the payment as they are supposed to have the fluent understanding of the terms of the contract. In any event, if your attorney suggests another party for this task, you can consider Option 3.

Because of the potential corruption in Panama along with the slow and questionable legal system, it is best not to give the payment directly to the seller. The situations vary depending on the reputation of the party involved in the real estate transaction.


The real estate transaction will not be over until you do this at the Public Registry. The typical process would take a couple of weeks but with the help of your attorney, it can be done within 10 days as he/she can file the documents directly at the main office of Panama city's public registry.

If you want the process to be even faster, you can pay an additional fee of $250 and your registrations will be ready on the following day (provided all documents are in order). Once the registration process is complete, a registered deed will be given to you. Make sure to also obtain a copy

containing the tax records department (catastro) that states at which time you become the owner of the property.

Congratulations! You are now officially a Panama real estate owner.


  • Real property taxes: To prevent yourself from paying any back taxes owed by the current owner of the property, make sure the seller has paid up all the property taxes before transferring the title to you. Real property taxes are collected by the Panama Revenue agency named the Dirección General de Ingresos.
  • Title insurance: Get a title insurance which protects you from errors found in liens, title, encumbrances, boundary problems, and double title.
  • A physical inspection: Talk to any neighbors to make sure there are no border disputes. Check if there is any fencing around the land or if the borders are marked.

Overall, the process of buying Panama property can be a bit complicated due to the documents being written in Spanish and the differences in how Panama real estate agents operate. Ultimately, the abundant benefits make it worth the investment.

Please don't hesitate to contact us to learn more about Panama real estate laws to possess Panama real property.