For sale · Chame
US$285,000
Apartment for Sale in Sanctuary Tower, Playa Caracol
⌖ Chame, Panamá Oeste
- 2bedrooms
- 2bathrooms
- 1,476sq 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
Live the unique experience of being oceanfront in this spectacular first floor apartment located in Residences Caracol, Torre Sanctuary. With direct access to the ocean and the pool, this property offers an exclusive and relaxing environment, ideal for enjoying the beach lifestyle.
Apartment Features
-Total size: 1,476 sq ft (including rear lawn).
-Location: Ground floor, ideal to enjoy the natural surroundings to the fullest.
-Bedrooms: 2 spacious and comfortable.
-Bathrooms: 2 modern and functional.
-Parking: 1 assigned space.
-Rear lawn to enjoy with family or friends.
-Exclusive Amenities
-Direct access to the sea.
-Swimming pool a few steps from the apartment.
-Social and recreational areas.
Privileged location
Playa Caracol is one of the most beautiful and quiet beaches in Panama, ideal for living or vacationing with all the comforts and the best connection with nature.
Selling price: $285,000
Property information
At-a-glance details
- Offering
- For sale
- Title status
- Titled property
- Interior area
- 1,476 sq ft
- Asking price
- US$285,000
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.
