Sapayoa
402 Square Feet + 202 Finished Exterior Square Feet
Studio | 1 Bathroom | 402 sqft |
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FeaturesBuilt-in under bed storage Large bay door opening to views Owners lockout closet (if renting) Clarestory windows for added brightness |
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About the PropertyA simple yet practical layout perfect for a couple looking for a vacation rental or looking to downsize to a more manageable home. This beautiful design with it’s efficient footprint makes for a great place to call home and reduce your living costs and stress dramatically. Listed home price does not include the lot, which must be purchased separately in advance. |
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FREQUENTLY ASKED QUESTIONS (FAQ)
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Why invest in a property in Panama?
Panama is a growing country with a stable and expanding economy. Additionally, it is a popular tourist destination, which means there is a constant demand for rental properties.
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How can I buy a property in Panama?
You can buy a property in Panama as a foreigner. However, it is important to have a local lawyer to help you navigate the legal process.
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What is the process for buying a property in Panama?
The process for buying a property in Panama starts with the signing of a purchase and sale contract between the buyer and the seller. After that, it is necessary to register the property in the Public Registry. The buyer must also pay transfer taxes and register the property in their own name.
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How can I finance the purchase of a property in Panama?
Banks in Panama usually require foreign buyers to provide a significant down payment, usually around 30% of the property value. However, it is important to talk to your bank and find out what the specific requirements are for financing a property in Panama.