2-Bedroom Apartment in Coco del Mar

⌖ Coco del Mar, Panamá

2bedrooms
2bathrooms
1,496sq 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

Coco del Mar is a very exclusive residential area near the Pacific coast, in Panama City. Although Coco del Mar is just a few minutes from the center of Panama City, you can appreciate the surrounding nature. Many herons, pelicans and birds have nests in the area and can frequently be seen fishing in the waters near the rocky beaches. In Coco del Mar you can feel the sea breeze and you can see the natural fauna: squirrels, herons, pelicans, birds, iguanas and crabs. Some residents claim to have seen lizards. In the area there is a church, a Hebrew club, a park and more than 25 businesses: 6 restaurants, 3 greenhouses, a consulate, 3 beauty salons, a car agency, 2 tailor shops, a car sales company, 10 offices, a boutique, a bookstore, a car wash, a car repair shop, an air conditioner shop, an art gallery, a marquetry shop, a foundation, a photography studio, an association and a yoga institute. This neighborhood has diverse panoramas: there are buildings with more than 40 floors, large houses with gardens overlooking the sea, small low and medium density buildings, and modest houses.

Property information

At-a-glance details

Offering: For sale
Title status: Titled property
Interior area: 1,496 sq ft
Asking price: US$290,000

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.