Panama is located in Central America on the narrow isthmus that connects North America and South America, with borders of Costa Rica to the west, Colombia to the southeast, as well as having the Pacific Ocean to the south and the Caribbean Sea to the north.
The Panama Canal is a world famous and very important shipping route that links the Atlantic and Pacific Oceans, providing a unique trading avenue for the entire world.
Pamana is also a very well trodden location for real estate investors and high-net-worth buyers of luxury real estate who are always looking for opportunities in an important zone for business and trade.
For the international economy as a whole, Panama has one of the most stable and service-oriented economies in the region.
Popular areas of Panama with International Buyers - investment or personal use, listed by owner, for sale by real estate agent and for rent:
Leading or top agents often have extensive experience in local market trends, pricing, neighborhoods, and where to find investment real estate that fits the buyers financial goals.
A good real estate agent will be responsive, know how to negotiate, and keep the buyer and seller informed of the status of the deal at all times.
Who has the best reviews can be helpful, but word-of-mouth from happy clients, or friends and family, is usually the safest way to hire an agent.
Depending on your needs, you might want an agent who specializes in a specific market, like luxury homes, investment properties, or first-time home buyers.
The best agents in Panama often have a wide network of contractors, inspectors, and mortgage brokers, which can make the buying and selling process smoother.