I am very pleased to accompany you in finding your dream property. As a member of the Panamanian Real Estate Agents Association (ACOBIR) we have access to all properties listed in this nationwide network, so you do not need to contact 10 different real estate agents. Let us go through the individual steps:
1 - YOUR DECISION TO BUY: This decision can be a big step towards personal freedom. Of course you should be in agreement within your own household. If it is about a purchase decision to earn a good return-on-investment, you are in good hands with me, because I am specialized in real estate investments in Panama. Because after the Corona shutdown the market has changed and it is all about making long-term secured decisions.
2 - FINANCING: Before you send your real estate agent in search of your dream property, you should have clarity about the financing. Have 1-2 banks carry out a preliminary examination. Then you know what the maximum possible purchase price should be. This results from the necessary 10-20% cash, the maximum mortgage of the bank and the additional purchase costs.
3 - SEARCH AND FIND: Now give the conditions to the broker of your confidence. Let's arrange a personal meeting and I will ask you a few questions:
- The price range...
- The location (neighbourhood, schools, transport connections)
- The hard data: m2, number of rooms and bathrooms, balcony/terrace/garden, parking
- The soft data: Which comfort would you like? Any kind of social area? What is an absolute no-go and what do you never want to miss?
Based on your criteria, we will select, filter and present you the best options from the large MLS-database and other networks. I work together with my team from kwObarrio (Keller Williams Real Estate Panama).
Important is your feedback after each visit, so that the search is even better adjusted and no unnecessary visits take place.
But also be aware that a purchase decision will always be a good compromise. If your requirements can be fulfilled to 90%, you should be ready to make a decision. The last 10% can usually be easily compensated.
4 - PURCHASE NEGOTIATIONS: Here we can put our expertise as real estate professionals to good use. Once you have decided on a property, we evaluate the purchase price in comparison to competitive offers. I personally have decades of construction experience and will inform you about obvious construction defects and the costs of removal. We will formally prepare a purchase offer for you and negotiate on your behalf with the seller to achieve the best possible purchase price for you.
At kwObarrio we have our partner lawyers from POLS Attorneys, who offer you first-class assistance during the entire purchase process and, above all, check the legal situation of the property in advance.
5 - CLOSING: I will accompany you not only during your search and the purchase process up to the notary appointment, but also beyond. After the registration of your property in the Panamanian Public Property Register, we make the registration at ANATI and arrange for specialist companies for reconstruction and modernisation according to your wishes.