1-Bedroom House in El Cangrejo

⌖ El Cangrejo, Panamá

1bedroom
1bathroom
872sq 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

Loft Apartment in the Cangrejo Loft with two floors, with two parking spaces and two storage rooms. El Cangrejo is a neighborhood in Panama City, located in the Bella Vista district. Delimited by Via España and Via Simón Bolívar. The main artery of the neighborhood is Via Argentina, which runs through the middle, joining Via España with Manuel Espinoza Batista Street. Flanked by royal palm trees and characterized by guayacan trees planted on the central islets, along the Argentine road there are residential buildings, restaurants, bars, boutiques, musical instrument stores, the well-known Plaza Einstein with the emblematic sculpture of Einstein's Head by the Panamanian sculptor Carlos Arboleda and the Andrés Bello Park, the neighborhood's cultural center. Also notable is the bustling community of parakeets that live in the trees along this avenue. El Cangrejo has an intense nightlife, with a diversity of restaurants offering a very varied international cuisine, bars, hotels and casinos. 3 One of its cultural epicenters is Andrés Bello Park, where art festivals, mini-concerts and political meetings are held.

Property information

At-a-glance details

Offering: For sale
Title status: Titled property
Interior area: 872 sq ft
Asking price: US$250,000

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.