For sale · Chame
US$500,000
Oceanfront Home for Sale in Residence Caracol, Playa Caracol
⌖ Chame, Panamá Oeste
- 3bedrooms
- 2bathrooms
- 1,055sq ft
- 1parking space
$Priced in USDClear pricing for U.S. buyers
✓Due-diligence supportIntroductions to independent local professionals
▣Remote viewing availableLive or recorded video walkthroughs
About this property
Enjoy the tranquility and luxury of oceanfront living in this spectacular home in Residence Caracol. With a functional design, well distributed spaces and an unparalleled view, this property is ideal for those looking for an exclusive home in a paradisiacal setting.
Features of the house:
1,055 sq ft of construction
3 spacious and cozy bedrooms
2 modern and functional bathrooms
Storage room of 86 sq ft under the staircase, ideal for bicycment if purchased at the desired price
Benefits of the property:
Oceanfront location with spectacular views.
Well-distributed spaces and quality finishes
Fresh and luminous environments
Sales price: $500,000
Property information
At-a-glance details
- Offering
- For sale
- Title status
- Titled property
- Interior area
- 1,055 sq ft
- Asking price
- US$500,000
Buying in Panama
Common questions from U.S. buyers
Can a U.S. citizen own property in Panama?
U.S. citizens and other foreign buyers can generally acquire real estate in Panama. The property’s title, ownership structure, and any location-specific restrictions should still be confirmed by an independent Panamanian attorney before you sign or transfer funds.
What due diligence should be completed before closing?
Your independent attorney should verify the registered owner and property description at Panama’s Public Registry; search for mortgages, liens, restrictions, pending claims, and tax obligations; confirm the seller’s authority; review building or condominium records; and confirm that utilities and applicable maintenance fees are current.
How does a typical purchase move from offer to ownership?
After the commercial terms are agreed, the parties usually sign a reservation or promise-to-purchase agreement. Once due diligence is complete, the final deed is signed before a Panamanian notary and submitted to the Public Registry.
Can I review and purchase the property from the United States?
Yes. Start with a live or recorded video walkthrough and request the listing documents for independent review. Buyers who cannot attend closing may be able to use a properly prepared power of attorney, subject to Panamanian formalities and their attorney’s advice.
This overview is general information, not legal or tax advice. Buyers should retain independent Panamanian legal and tax professionals for the specific property and ownership structure.
