Maritime Water Concessions in Panama

Tropical Marina

A maritime water concession is a legal permit that allows individuals or companies to use coastal and marine areas for specific purposes—such as building docks, marinas, or other waterfront structures—while ensuring that development is environmentally responsible and aligned with national interests.

These concessions play a vital role in protecting Panama’s fragile marine ecosystems, preventing unauthorized use of public waters, and promoting sustainable, orderly development along the coast and islands.

For real estate developers, investors, or private landowners, understanding this framework is key to unlocking the full value of waterfront properties.

Flexible Concession Options

Panama’s legal structure—anchored in Law 56 of 2008 and overseen by the Panama Maritime Authority (AMP)—offers a variety of concession types. Residential docks, for example, are granted under a streamlined 10-year renewable model, making them ideal for upscale homes or private marina-style amenities. For larger commercial real estate projects, concessions can extend up to 20 years or more, providing long-term operational certainty.

A Straightforward, Transparent Process

The application process is designed to be clear and accessible. Applicants submit project details, environmental compliance plans, investment scope, and safety considerations. With AMP’s support, the path to approval is smooth and business-friendly, especially for those looking to develop responsibly along the coast and islands.

Why Panama?

With a prime geographic location and a supportive legal environment, Panama is a standout choice for waterfront investment. Maritime concessions ensure your development complies with environmental standards while maximizing access to Panama’s stunning coastlines.