Panama Real Estate Sales

Isla Bastimentos – a scenic area of beauty, including the Bastimentos National Park, the island sports fantastic beaches, inlets and coves all around.

They have a beach named, Red Frog Beach, named after the poisonous red frog, endemic to this area. This island was deemed a well kept secret, due to its natural unspoiled beauty. Within the national park you can venture to Crawl Cay or Zapatilla Cay, both of which are situated on the southern portion of the island. The National Park teams with wildlife, however, sometimes it proves difficult to view due to the scattered islands; white faced and Titi monkeys are common, as well as the many sloth that are resident; and one has the opportunity to view wonderful marine and bird life.
All the islands around Panama offer the tourist a fantastic opportunity to participate in watersports and diving. The reefs abound with marine life and hundreds of species of fish and coral. The Caribbean sea side off the San Blas and Bocas del Toro areas offers great scuba diving and snorkeling, it must be mentioned that the Pacific Ocean side is the better diving choice due to the warm Indo-Pacific current encouraging a unique and colorful collection of coral reefs and tropical fish.

The amazing scenery coupled with the adventure of the rugged coast line on the Pacific side make for a truly unforgettable destination. The Caribbean side tends to offer a more serene established tourist destination. Each side of Panama has unique features to offer and it is recommended that both sides be explored to appreciate the full value Panama has to offer.

Asking Price: USD $ 3,200 / mo

Asking Price: USD $ 850 / mo

Asking Price: USD $ 279,000

A private single level villa set in an elevated position with outstanding views. This new construction is ready to move into. The property boasts a large open plan living, dining/kitchen area with an island and a large range of units. Separate laundry/utility room with a walk in storage room. Three bedrooms, with the master having a private en suite. A large covered terrace makes this home perfect for those long summer evenings and outdoor living and there are flat areas around the house should you wish to install a swimming pool. This property also benefits from a concrete driveway and parking.

Asking Price: USD $ 2,750 / mo

Large unit in exclusive area completely equipped to move in. It comes with den, two balconies, service bedroom and bathroom, furniture, A/C, appliances, 42′ flat screen, 2 parking lots, 24hr security and social area with pool, sauna and gym.

Minimum rental period: 1 year

San Blas – this group of islands, located off the north eastern coast of Panama, in the Gulf of Darien, consist of over 360 coral islands. The islands used to be known as the Mulatas Islands, and the indigienous inhabitants are almost pure blooded aborigines of Carib origin. These people were protected under treaty agreement with the Panama government from tourism and scientific observation until the late 1940s. These inhabitants are known as the Kuna and govern their own province. The Kuna are well known for their decorative art incorporated into their clothing, known as the Molas, which form a part of the traditional dress for woman of the Kuna Indians. These indigenous people have a rich folklore and close connections with their surrounding nature. They live in bamboo constructed and palm frond thatched houses, and make excellent sailors utilizing canoes known as cayucas, constructed from a single hollowed out tree trunk. These were utilised for fishing and traveling to the mainland, where the men would go hunting.

Nalunega – a neighboring island of the El Porvenir Island, this is a prime example of the organized cultural traits of the descendants of the Carib Indians, or the Kuna. A beautiful meeting hall is located on the island where the local society congregates for meetings. The island offers a peek into the traditional way of life of these indigenous people and their village layout, all very neat with sandy streets and their very mini market and education facility.

Asking Price: USD $ 309,000

The image failed to load This is a large and well-constructed, nearly new beachfront home, completed in 2009, with approx. 3500 square feet of living space, including 2 large  patios (upstairs and downstairs), 2 bedrooms, 2 1/2 bathrooms, living room, dining area, kitchen, entertainment room, lots of closet and storage space, all appliances (gas stove, dishwasher, clothes washer and dryer, etc.

The property is being sold through a Private Interest Foundation and comes with a 20 year tax exemption. There are no
realty taxes on this property for 20 years.

The property is very well priced — lots of house for the money, and is set right on the beach, half an hour from the city of David, where you can catch a plane at the airport and do all your shopping.

Asking Price: USD $ 1,500,000 The image failed to loa

If you have always wanted to own a gorgeous, small, 5 star Resort Hotel and Spa on a tropical island with two sandy beaches, this is for you. Eleven rooms in 7 cabanas, restaurant, spa building,  pool, three boats and employee quarters. This resort is spectacular. The owners are Europeans who completed it four years ago, but have decided to focus their efforts on an organic farm they are developing and wish to sell the resort. All of the buildings were designed by the owners and have a relaxed, tropical charm.

Although it has only been open a few years, the hotel has carved out a successful market niche as an eco-resort with solar power and a focus on organic food, spa treatments, yoga and wellness. The resort is profitable and operates year-round with a staff ranging from 8 to 12, depending on the season.

The property consists of 1.5 hectares of land (4 acres), where all the facilites are located, plus another 3.2 hectares (8 acres), where a new owner could build additional casitas.

One of the rental units is a small two bedroom home, which can also serve as the owner’s living quarters.

The owners have reduced the asking price from $2,600,000 to $1,500,000. This is your chance to get a fantastic price on a great business on a beautiful, tropical island in a quiet, peaceful region of Panama.

The owners require $1,000,000 in cash and will finance the balance of the purchase price for 1-2 years.

The property is owned by Right of Possession, in contrast with Titled property. Rights of Possession are rights to use and occupcy land — akin to a perpetual lease. The owner of a Right of Possession can do anything an owner of titled property can do with the land — run a business, erect building, etc. Technically, however, the ownership of the land is vested in the Nation, that is, the state. Under Panamanian law, as long as the owner of a Right of Possession continues to use and occuppy the land, he retains the Right of Possession.

Unlike titled property, which is subject to a 2% annual realty tax, there are no such taxes on Rights of Possession.

Contact us today for additional information about this resort, including more photos and financial data.

This property is generating a great deal of interest at the reduced price and will be sold soon. Don’t miss your chance.

Asking Price: USD $ 230,000

Condo in Coronado Bay with incredible ocean views and private access to the beach, pool, towels, gardens, 24 hr security.

The condo is currently being renovated. You will have the option to choose your own finishes if it’s acquired now.

There are numerous restaurants, supermarkets, pharmacies, medical clinic, and just about anything you will need to live comfortably out of Panama City. There is also a golf, tennis and horse club.

The building has 23 floors. The first 4 floors has a hotel with it’s own social area. The owners can use all the hotel facilities. The social area on the 23rd floor has a pool, jacuzzi, terrace, sauna, gym.

Apartment Details:

• Floor 12
• Living and dinning room
• 1 bedroom
• 2 bathrooms
• Terrace
• Laundry
• 2 parkingLots
• Storage room

Building Details:

• 3 elevators and 1 service elevator
• Emergency power plant
• Reserve water tank