Panama Real Estate:
Let’s save the best for last; you can purchase land in Panama for a fraction of what it would cost you in Costa Rica. The same large six acre lots with ocean views and riverfront that I’m selling in Panama for around $150,000 would cost at least $500,000 in Costa Rica. Land in Costa Rica is roughly five times more expensive than comparable land in Panama. There are expensive areas in Panama, like Boquete, Anton and Panama City, but for the most part real estate is extremely affordable throughout the country.
Another big difference between the countries involves squatters. In Costa Rica if you buy land and squatters move onto it, in three months they actually have rights to your property, and protracted legal action is required to get rid of them. Incredible, but true. In Panama squatters have no legal rights whatsoever. If you buy land in Panama leave it alone for ten years, and upon your return people are living on it, you can have them removed immediately.
Tags: land for sale in panama, land in panama, panama real estate, panama real estate listings, real estate in panama