{"id":3246,"date":"2018-07-24T14:32:07","date_gmt":"2018-07-24T14:32:07","guid":{"rendered":"https:\/\/www.frapan-invest.com\/immobilien-kaufabwicklung-in-panama\/"},"modified":"2025-09-19T05:03:49","modified_gmt":"2025-09-19T05:03:49","slug":"how-to-buy-real-estate-in-panama","status":"publish","type":"post","link":"https:\/\/www.frapan-invest.com\/en\/how-to-buy-real-estate-in-panama\/","title":{"rendered":"How to buy real estate in Panama"},"content":{"rendered":"
\n
\n
\n
\n

We have realised many different real estate purchases in Panama. With this article we would like to give you an overview of the most important steps when buying a property in Panama. Furthermore, you will find a description of the transaction costs in Panama.<\/strong><\/p>\n

Purchase Process in Panama<\/span><\/strong>:<\/p>\n

Existing property<\/span><\/p>\n

    \n
  1. Purchase offer and price agreement<\/li>\n
  2. Reservation agreement (Usually digital signature, 15 working days, 1% deposit)<\/li>\n
  3. Legal Due Diligence<\/li>\n
  4. Technical inspection of the property<\/li>\n
  5. Purchase contract (45-60 days closing, 10% deposit)<\/li>\n
  6. Buyer: Application of an irrevocable letter of payment with his bank in Panama or provision of the money for a bank transfer of the final payment<\/li>\n
  7. Seller: Pay relevant taxes & obtain water and electricity certificates<\/li>\n
  8. Notary appointment and handing over of the payment cheque or bank transfer of the final payment<\/li>\n
  9. Registration in the land register<\/li>\n
  10. Cashing the payment cheque if you have not used a bank transfer<\/li>\n<\/ol>\n

    Property in a real estate development<\/span><\/p>\n

      \n
    1. Purchase offer and price agreement<\/li>\n
    2. Reservation (Usually digital signature \/ e.g. 2 weeks, 10,000 USD deposit)<\/li>\n
    3. Legal due diligence<\/li>\n
    4. Purchase contract (Usually digital signature, 10% – 30% down payment, depending on project)<\/li>\n
    5. Remaining deposits (up to a total of 50%) according to construction progress<\/li>\n
    6. Buyer: Application of an irrevocable letter of payment with his bank in Panama or provision of the money for a bank transfer of the final payment<\/li>\n
    7. Seller: Completion of the property<\/li>\n
    8. Notary appointment and handing over of the payment cheque or bank transfer of the final payment<\/li>\n
    9. Registration in the land register<\/li>\n
    10. Cashing of the payment cheque if you have not used a bank transfer<\/li>\n<\/ol>\n<\/div>\n
      \n

      Once you have found your property, you can also complete the property purchase in Panama from home<\/strong>. Because you do not<\/span> have to be in Panama for the above points, because you can do some of them online or with a power of attorney for your lawyer in Panama. Your lawyer will then represent you in the purchase process with a special power of attorney, which is best given to him during your trip to Panama. With the help of our partner lawyer you can open your bank account in Panama<\/strong> online. This bank account can also be crypto-friendly<\/strong> if you want. Take the help of our lawyers to ensure that everything runs smoothly.<\/p>\n

      We accompany you through the entire buying process in Panama.<\/p>\n

      Our experience shows that our efficient process takes us about 3 months from price agreement to registration in the land register.<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n

      \n
      Closing and Running Costs in Panama<\/strong><\/a><\/div>\n<\/div>\n\n\n\n

      We are more than happy to help you with our experience when buying a property in Panama.<\/strong><\/p>\n\n\n\n

      <\/div>\n\n\n\n
      \n\n\n\n

      FRAPAN-Invest<\/strong><\/h4>\n\n\n\n

      Klaus Happ’s company “FRAPAN-Invest” advises investors who want to invest in real estate in Panama<\/strong>. Furthermore, Klaus Happ will be happy to advise you personally on the subject of \u201cPlan B in Panama\u201d.<\/p>\n\n\n\n

      \n
      Our offer in Panama<\/a><\/div>\n<\/div>\n\n\n\n

      <\/p>\n\n\n\n

      The real estate market in Panama is internationally one of the most interesting<\/a> for investments. We would like to be your trusted local partner and assist you with the initial purchase. Additionally, we can take care of your real estate in Panama in a sustainable way.<\/p>\n\n\n\n

      \n

      Profitable, safe and beautiful:<\/strong>
      Investments in Panama<\/em><\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

      We have realised many different real estate purchases in Panama. With this article we would like to give you an overview of the most important steps when buying a property in Panama. Furthermore, you will find a description of the transaction costs in Panama. Purchase Process in Panama: Existing property Purchase offer and price agreement […]<\/p>\n","protected":false},"author":3,"featured_media":3237,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[66],"tags":[172,173,79],"class_list":["post-3246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-immobilienkauf","tag-kaufnebenkosten","tag-panama"],"_links":{"self":[{"href":"https:\/\/www.frapan-invest.com\/en\/wp-json\/wp\/v2\/posts\/3246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.frapan-invest.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.frapan-invest.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.frapan-invest.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.frapan-invest.com\/en\/wp-json\/wp\/v2\/comments?post=3246"}],"version-history":[{"count":7,"href":"https:\/\/www.frapan-invest.com\/en\/wp-json\/wp\/v2\/posts\/3246\/revisions"}],"predecessor-version":[{"id":13486,"href":"https:\/\/www.frapan-invest.com\/en\/wp-json\/wp\/v2\/posts\/3246\/revisions\/13486"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.frapan-invest.com\/en\/wp-json\/wp\/v2\/media\/3237"}],"wp:attachment":[{"href":"https:\/\/www.frapan-invest.com\/en\/wp-json\/wp\/v2\/media?parent=3246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.frapan-invest.com\/en\/wp-json\/wp\/v2\/categories?post=3246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.frapan-invest.com\/en\/wp-json\/wp\/v2\/tags?post=3246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}