How to Choose a Real Estate Agent in Panama

Relocating to or buying an investment property in Panama

? Panama is growing as a regional real estate giant and represents an investment sector experiencing the most dramatic growth in Latin America. It is probably safe to say you will need to hire a real estate agent in Panama to assist with the process of buying a property. But how do you choose a real estate agent in Panama? Thats simple. The same way you would choose a real estate agent anywhere. The following are tips to assist in the process of finding a real estate agent in this region:

1. Ensure that the real estate agent you choose has all the required paperwork and is licensed to sell real estate in Panama. Also, the realtor should be knowledgeable of all foreign investment programs and benefits.

For example, the most striking feature of Panamanian real estate business is that foreigners can enjoy a unique portfolio of properties under the legal cover of the states law. Unlike other countries, in Panama, foreigners can actually own the real estate properties. This is complemented by a set of incentives for buyers and sellers of real estate. Real estate prices, even in the heart Panama City, can be as low as $100,000.

2. Dont settle for the first agent you meet with. It is important to interview and consider as many agents as possible. Compare their knowledge of the area, experience and qualifications; and review and speak with references.

3. Make sure the agent you choose understands the importance of good customer service and is someone that you can clearly communicate with. It is important that the agent chosen understands your needs, understands the price range you can afford and works hard for you.

4. Follow your instinct. Choose an agent that you feel comfortable with and feel you can trust.

With the right agent on your side, Panama can be your investment paradise. From its pristine white sand beaches and Hispanic colonial ruins, to its untouched primary rainforest and year-round tropical maritime climate; Panama City, Panama offers an ideal primary residential destination. Within an hours drive from Panamas modern capital city, local residents can explore and enjoy the nations hidden paradise. From its endless islands and inlets to its world-renowned tourist attractions, residents can benefit from the regions healthy economy, cultural offerings and nature destinations.

How to Choose a Real Estate Agent in Panama

By: Christina

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