3-Bedroom Apartment in El Cangrejo

⌖ El Cangrejo, Panamá

3bedrooms
3bathrooms
3,046sq ft
2parking spaces

$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

Beautiful Apartment in a Quiet Area, El Cangrejo, Ph Terranova Sale price below appraisal. Beautiful and spacious 3,014 sq ft apartment with spectacular distribution in the most luxurious building in the area. Very fresh and illuminated. 3.15 meter ceiling. Marble floors in the living room, dining room and den. Newly remodeled with stone work, lighting and gypsum. It consists of: -3 bedrooms, each with a bathroom inside. Master bedroom with walking closet, extremely large bathroom with two sinks and bathtub. -Very spacious den or family room. -Living room -Dining room -1/2 guest bathroom -balcony -large office -very large kitchen with breakfast area -maid's room and bathroom. The social area is very cozy. It has a barbecue area, party room, swimming pool, jacuzzi and a children's park with a soccer field with synthetic grass and games for children. Low maintenance. Only $0.11 per sq ft ($343 per month). Total power plant Condominium with very good administration and good neighbors Tax exempt.

Property information

At-a-glance details

Offering: For sale
Title status: Titled property
Interior area: 3,046 sq ft
Asking price: US$630,000

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.