Lic. Carlos G. Suncin Sarmiento
How long can I live on a "Right of Possession" ROP Property?
The "Right of possession" means you have legal permission to live on government land. Once you purchase a property with a right of...
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Lic. Carlos G. Suncin Sarmiento
- May 10
- 2 min
What is the difference between a Titled Property and a "Right of Possession" (ROP)
Titled Properties: Most buyers consider that when buying a property in Bocas they prefer to make sure the property has a TITLE in order...
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Caribbean Properties for Sale
- Oct 10, 2021
- 1 min
Decent boat/motor repair/service shops in town or locally or elsewhere?
In Bocas, you will find many repair shops…even on other central Islands. Bocas Yacht Services haul-out facility offers boatyard services...
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Caribbean Properties for Sale
- Oct 10, 2021
- 1 min
What would a proper boat setup be for private use?
It depends on your needs, but a 22-26 feet boat with a 40-85hp Yamaha standard Bocas boat will be convenient. The price for a new boat,...
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Caribbean Properties for Sale
- Oct 10, 2021
- 1 min
Do I need to buy a boat to get to my property?
Boats are the most common means of transportation in Bocas del Toro. Bocas Town has several water-taxi companies and dozens of boatmen...
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Caribbean Properties for Sale
- Oct 10, 2021
- 1 min
How is the mosquitos/bugs situation in Bocas?
Bocas offers a paradisiac lifestyle, and it is a restful and secure place to live. However, the bugs and mosquitoes can be nuisances...
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Caribbean Properties for Sale
- Oct 10, 2021
- 1 min
How do Bocas residents handle garbage?
Bocas town recycles glass, plastic, metal, and aluminum. The rest can be buried in a landfill or burned. Garbage trucks are driven around...
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Lic. Carlos G. Suncin Sarmiento
- Oct 10, 2021
- 1 min
Will I pay annual taxes on my new property?
Rights of Possession "ROP" properties do not pay annual taxes as titled properties do. Property taxes on a titled property is 2 %/year...
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Lic. Carlos G. Suncin Sarmiento
- Oct 10, 2021
- 1 min
What are the legal fees to purchase a Property in Panama?
Legal fees for buying a property in Panama vary depending on the type of property and the attorney firm. Property legal fees for the...
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Caribbean Properties for Sale
- Oct 3, 2021
- 1 min
Is secure storage or parking available on the mainland for vehicles and motorcycles?
Almirante (mainland) offers a safe short- and long-term parking lot. Same for Chiriqui Grande.
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Caribbean Properties for Sale
- Oct 3, 2021
- 1 min
How do you get furniture and other oversized items to the property?
By using large Taxi boats or Commercial barges. There is a Barge Service based on Cristobal Island in Eastern Almirante Bay. They...
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Caribbean Properties for Sale
- Oct 3, 2021
- 1 min
How do I send my furniture and stuff to Bocas?
We do not suggest that you move your furniture to Panama unless you have something that you can live without; ship nothing to Panama....
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Lic. Carlos G. Suncin Sarmiento
- Oct 3, 2021
- 2 min
How does the Buying/Selling process work in Panama?
First, you need to make an offer on a chosen property. The "Offer to Purchase a Property Agreement" should be an official, written...
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Lic. Carlos G. Suncin Sarmiento
- Oct 3, 2021
- 1 min
Why should I select "Caribbean Property for Sale" as my real estate agent?
In early 2000, we started a private family-owned real estate business in Costa Rica and extended our activity to Panama. Integrity and...
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Lic. Carlos G. Suncin Sarmiento
- Oct 3, 2021
- 1 min
How is Property ownership registered in Panama?
Not all properties in Panama hold a property title registered in the National Registry. Panama allows people to possess government-owned...
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Caribbean Properties for Sale
- Oct 2, 2021
- 1 min
What services will I find in Bocas Town?
Located along the Caribbean coast in the northwestern part of the country, Bocas del Toro is known for its beautiful islands and laid...
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Lic. Carlos G. Suncin Sarmiento
- Oct 2, 2021
- 1 min
How do I hire a Real Estate attorney?
We highly recommend that a lawyer assist you with your real estate transaction in Panama. Once you have chosen your property, they will...
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Caribbean Properties for Sale
- Oct 2, 2021
- 1 min
How do I get to Bocas del Toro?
You need to fly first to Tocumen Intl: airport (PTY), Panama City. You can purchase your flight ticket with many airlines offering...
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Lic. Carlos G. Suncin Sarmiento
- Oct 2, 2021
- 1 min
Can a foreigner buy Panama real estate?
Absolutely. You can buy and own a Titled or ROP Property in Panama with your passport… no bank account is needed. Panama Law 54 grants...
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