Maximizing returns; The advantages of investing in Panama’s property market

Panama has maintained a very solid position for years as a country of interesting opportunities in terms of property investments. First of all, the political, economic and social stability of this nation attracts foreign investors from around the globe, as they trust pro-market governments and rule of law for doing business in this country for the long haul.

Likewise, the strategic location and the growth of different sectors also encourage the expansion of the real estate market in Panama, which offers multiple advantages in terms of ownership, easiness of transactions, taxes, to name a few.

However, it is a highly competitive market, so it is advisable to have a personalized approach and a professional advisory service, such as the one offered by Grupo PREIC, which helps to navigate through all the opportunities found.

Growing demand for real estate in Panama

One of the main advantages of investing in real estate in Panama is related to the high demand for rental space suitable for both residential and commercial activities. This is coupled with the growing demand for temporary accommodations, due to the increasing tourist interest in the country.

However, Panama’s main attraction is its favorable legal framework for international investors, since regulations allow full ownership of real estate even by non-residents, without being subject to additional taxes or restrictions, the same rules and regulations apply to both locals and foreigners in this regard.

Tax benefits for investors

Similarly, another advantage of the Panamanian real estate market is that it offers certain tax benefits, including some exemptions and incentives for certain projects. This affords more suitable investment alternatives without having these additional concerns to think about.

Likewise, it is worth mentioning that Panama’s real estate offer is made up of properties of all types, i.e., residential, commercial, business, industrial, etc.

In sum, it is essential to have a professional independent advice like the one offered by PREIC Group, which has a wide knowledge of the regulations, benefits and characteristics of the local real estate market.