Check the AB Panama Web Site for Caribbean Real Estate in Panama

Visit the ABPanama web site for Caribbean real estate in Panama. The Caribbean coast of Panama has the same beautiful weather as the rest of the Caribbean and no hurricanes. Panama has the same crystal clear water, sandy beaches, and island getaway but with first world telecommunications, roads, airports, and port facilities. Panama has the highest per capita US investment of any Latin American country and its currency, the Balboa, is pegged 1:1 to the US dollar, In fact, dollars circulate as paper currency as Panama does not print paper money.

Check the ABPanama Web Site for Caribbean Real Estate Bargains in Panama

In Santa Rita, Colon a three bedroom three bath family home on fifty acres sells for $450,000.

In Colon City development community studio apartments start at $76,000. On Lake Gatun, Colon a one bedroom apartment in a development goes for $60,000.

Mountain property on the Bocas del Toro Province mainland sells for $47,000 for 90 acres.

A condo project in Bocas del Toro is offering beach front units, 2100 sq feet for $339,000.

Check the AB Panama Web Site for Caribbean Panama Real Estate Developments

In Costa Abajo, Colon Province parcels of up to 120 acres are being offered for $4,000 an acre. These areas stand to benefit from the expected growth around Colon once the new main road is completed between Panama City and Colon reducing the trip to a commute of less than an hour.

Forty seven acres of titled commercial property two minutes from Bocas Town with power and water available is offered for $3,300,000.

Check the AB Panama Caribbean Real Estate Web Site for Information Regarding Buying and Owning Property in Panama

Foreigners Can Own Property in Panama. Check the AB Panama Caribbean Real Estate Web Site for Information. You will be subject to the same laws as Panamanian residents. Once you have decided on a property you will pay a down payment and sign a Promise to Purchase Contract which, when registered, prevents sale to another buyer. This contract allows time to set up payment arrangements and to get Title Insurance. As in the US Title insurance is a must. This will assure you of a clear title free of liens, unpaid utility bills or property taxes, etc. A Buy Sell contract finalizes the sale and when registered makes you the owner of real estate in Panama.

Check the AB Panama Caribbean Real Estate Web Site for Updates

Check the AB Panama Caribbean Real Estate Web Site frequently as properties are bought and sold and opportunities change. There are always "hot" areas, overpriced areas, and sleepers where the best values are. Check our web site, come and talk to us. Let us show you our Panama and help you find your Caribbean real estate in paradise.