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  • First- Contact us with your needs.  Whether it’s to find a house or property that you wish to purchase, Ocean Legacy will help.  With a large network of brokers we have access to all areas of Panama.  
  • Second- Once property is located, we will have our attorneys handle the due diligence and title search on the property.  
  • Third-  Our attorney will prepare a Promise to Buy/Sell Contract to lock in the property sale and secure the terms agreed upon (a deposit of 10% is usually required by the seller upon signing the promise to buy/sell contract)  
  • Fourth- Once the attorney has completed the necessary paperwork then the final closing is scheduled.
  • Fifth- Payment is then made, usually from an escrow account agreed upon by the parties.  After this is completed the buy/contract is registered at the public registry where the property is then transferred to the new owner.
       
 
Ocean Legacy Corporation / Phone: (507) 6673-1112 / e-mail: info@panamavacationrealestate.com
 
 
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