Property Description
***Title filing included***
With utmost responsibility and commitment, the owner pledges to submit the necessary documents to obtain the property title under the buyer’s name or a corporation to the corresponding government institution (ANATI) without any cost.
When purchasing the property, the Purchase Contract will instruct the attorney to hold $6,000 USD in escrow (in the attorney’s bank account) as proof of the buyer's commitment. This amount will be returned to the buyer if the seller does not comply within 60 days of signing the Purchase Contract.
The title process will initiate once the seller’s attorney has filed all necessary documents with ANATI which are:
-The “Right of Possession” Purchase Contract, notarized
-A new property survey based on ANATI requirements,
-Actualized pictures of the property,
-Three witnesses’ affidavits of the ROP transfer to the buyer, notarized,
-A new Certificate of Occupation from the Justice of Peace Office (Corregidor) with two witnesses,
-Trip to Panama City to file these documents with ANATI (Autoridad Nacional de Tierras).
The attorney will furnish the new owner with the filing document number to continue the process. The buyer can choose whether to continue with the seller’s attorney or engage his own attorney. When the registration process is properly followed by the lawyer, the title will be issued by the government within six months to a year.
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This property is located on Popa Island, about a 25 to 35-minute boat ride from Bocas town and just 20 minutes from white-sand beaches. It is a precious Caribbean jewel awaits you. The impressive 690 feet (210 meters) of waterfront around the Peninsula gives you the option to build cabins/houses over the clear blue and turquoise sea anywhere in front of the property or on the elevated land for residential, commercial, or tourism activities right by the water's edge.
Swim in the safe, turquoise Caribbean water, experience paddleboarding, fishing, and snorkeling, and enjoy the sea breezes from your new home while looking at the stunning sunset and majestic coastal mountains. The sea is generally calm and deep enough to allow sailboat anchorage close to the property. The soil is rich and fertile, perfect for tropical trees and gardening.
The property has very clean 90 years+ long-term Rights Of Possession (ROP). Near the property on Loma Partida Island, you'll find a convenience store, fuel station, baseball field, restaurant/bar, lodge, and propane gas. A water taxi operates from Bocas town to Chiriqui Grande four times a day, with a stop at Loma Partida Restaurant Lodge. The taxi can take you to Bocas town for shopping, banking, medical needs, and to experience the vibrant Bocas nightlife.
The Bocas South Community area has become popular with new buyers worldwide due to its high-quality, unspoiled land and low-priced properties. This is a good reason to get in while prices are affordable. Many expats from around the world have found their paradise in Bocas South Community.
Come and discover the endless possibilities this Peninsula has to offer. We would love to give you a tour..
Note: We also offer Project Management Services to assist you in realizing your dream.
Property Details
Property ID:
Property Type:
Prop Category:
Property Style:
Property View:
Ownership:
Land Size:
NC401
Peninsula
Residential/Commercial
Highland
Chiriqui Bay
Right of Possession
2.2 acres - (8,979 m2)
House Size:
Floors:
Bedrooms:
Bathrooms:
Year built:
Locality:
Main Features:
✓ Title filing included
✓Coral Reef in front
✓Private Pinesula
✓Tourism Activities
✓Fruit trees/Vegetables
✓Quiet and safe area
✓Elevated dry-land
✓Close to beaches
Property Location
Popa Island, Bocas del Toro, Panama
Location on Google Maps? (click on the link below)
Remy Champagne
Listing Agent
Property ID:
NC401