Panama Real Estate

The real estate market in Panama offers numerous opportunities for investors and individuals. However, navigating this market can be complex without the right advice.

At Legalia Panama, we provide a comprehensive and professional service to ensure that your real estate transactions are carried out safely and efficiently.

Do you need advice?

Real Estate Advisory Services

Contract Drafting and Review

We provide specialized services in the drafting and review of real estate contracts, ensuring that all transactions comply with legal regulations and protect your interests:

Purchase and Sale Contracts:

We guarantee that all terms and conditions are clear and fair to both parties.

Lease Agreements:

We assist in the drafting and review of lease agreements, protecting the rights of both landlords and tenants.

Property Investigation and Registration

Our services include a thorough investigation and proper registration of properties, ensuring the legal security of your investments:

Title Search:

To ensure the legitimacy and absence of encumbrances on real estate.

Drafting and Registration of Public Deeds:

We ensure that all transactions are legally binding.

Mortgage Cancellation:

We ensure that all procedures are performed correctly and the corresponding records are updated.

Tax and Tax Advice

Our advice focuses on optimizing the tax burden of your real estate transactions, ensuring compliance with current tax regulations and making the most of the tax benefits available.

Other Services

Processing of tax payments for the transfer of real estate and capital gains tax

In Panama, processing tax payments for the transfer of real estate and capital gains tax is a key process in real estate transactions. The transfer tax corresponds to 2% on the sale value or cadastral value of the property, while the capital gains tax is applied at a rate of 10% on the difference between the purchase and sale price. These payments must be managed with the General Directorate of Revenue (DGI) before formalizing the transaction, ensuring tax compliance and avoiding legal penalties.

Obtaining the respective peace and salvos required for purchase and sale transactions

Obtaining peace and security is an essential step in real estate transactions in Panama. These documents certify that there are no outstanding tax debts, such as property tax or municipal fees, and are issued by the General Directorate of Revenue (DGI) and the corresponding municipality. Without these peace and sound, it is not possible to complete the transfer of ownership, as they guarantee that the property is free of tax obligations. The processing of these certificates is essential to ensure a legal and hassle-free transaction.

Specialized Services

We legally assist developers of real estate projects in the planning, development and marketing of their projects, providing a solid and strategic legal framework for the success of their initiatives.

We carry out exhaustive due diligence processes to identify and mitigate risks associated with the acquisition of properties, ensuring transparency and security in all your transactions.

We advise on obtaining tax exemptions applicable to properties, helping our clients to maximize their tax benefits and minimize their costs.

Reasons to choose Legalia Panama

Experience and Professionalism:

We have a team of lawyers with extensive experience in the Panamanian real estate market.

Customized Solutions:

We offer solutions adapted to the specific needs of each client, ensuring the best advice and support in all their transactions.

Confidentiality and Security:

We guarantee maximum confidentiality and security in all our operations, protecting your interests and your assets.

Comprehensive Consultancy:

We provide a comprehensive service that covers all legal and tax aspects related to real estate, providing continuous and quality advice.