Property for Sale Panama
Explore property for sale throughout Panama by searching real estate listings from owners, agents, developers, and hotel owners. Whether you’re looking for land to build a new home or an investment opportunity, Panama offers a variety of options.
Selling Panamanian Property
Homesgofast.com provides exposure to international buyers seeking holiday homes, relocation properties, second homes overseas, or investment opportunities. Our platform attracts visitors from the UK, USA, and Europe, allowing you to advertise your Panamanian property listings effectively.
Land for Sale in Panama
Use Homesgofast.com to find land for development in desirable locations such as Panama City, Boquete, and Bocas del Toro. Enjoy stunning ocean views, proximity to beaches, and vibrant communities. Find land for sale near popular tourist attractions and dynamic cities.
Investing in Panamanian Real Estate
Rental Income
Nonresidents earning rental income in Panama are taxed at a flat rate of 10% on the gross rental income, without deductions.
Investment Property Panama
Capital Gains
Capital gains from property sales are taxed at a rate of 10% for nonresidents. However, exemptions and deductions may apply, reducing the effective tax rate.
Inheritance
Inheritance tax is not imposed in Panama, but there may be capital gains tax implications for beneficiaries when they dispose of inherited property.
Residents
Panamanian residents are taxed on their worldwide income, including income from property investments abroad.
A valuable resource for investors is the National Institute of Statistics and Census (INEC), which provides independent statistics on various economic indicators.
Panamanian Rural Properties for Sale
Recent sales in Panama include:
- A luxury villa in Panama City
- A beachfront estate in Bocas del Toro
- Mountain-view homes in Boquete
- Modern apartments in Casco Viejo
Living in Panama
The rental market in major Panamanian cities and popular tourist areas can be competitive. Rental prices vary, but expect to pay a premium for central and beachfront locations. The demand for rental properties is high due to the influx of tourists, expatriates, and investors.
Buying a House in Panama
Property transaction costs in Panama typically range from 5% to 7% of the property price. Buyers are responsible for these costs, which include real estate agent fees, notary fees, and registration fees. Real estate agent commissions are usually between 4% and 6% of the sales price, plus VAT. Notary fees and other closing costs vary but are often significant.
Panama City Property
Panama City, the capital, is known for its vibrant culture, historic landmarks, and diverse real estate market. Property prices are highest in central districts like Punta Pacifica and Casco Viejo.
Boquete
Boquete, located in the Chiriqui Highlands, is famous for its cool climate, scenic views, and coffee plantations. It is a prime location for retirement homes and eco-friendly properties.
Bocas del Toro Real Estate
Bocas del Toro offers stunning coastal properties with breathtaking ocean views. It is a popular area for holiday homes and eco-resorts.
Casco Viejo Real Estate
Casco Viejo is renowned for its colonial architecture and cultural heritage. It offers a mix of historic and modern properties, with competitive prices in the city center.
More Areas Where Homesgofast.com Helps Sell Panamanian Property
- Coronado Real Estate Listings
- Pedasi Real Estate Listings
- David Real Estate Listings
- Chitre Real Estate Listings
- Santiago Real Estate Listings
- Volcan Real Estate Listings
- Playa Blanca Real Estate Listings
- Colon Real Estate Listings
Resources
More about Panama here: PanamaWhere to find more out about Panama
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