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Good business opportunities are always in the right hands when at the time of closing the deal, you were the one to scout it first. When I go to a different country, not only the language changes, even the culture, the food, and also the websites and classified portals where one is used to look for things and offers. If I want to rent or buy a property in Panama, where should I look? Apart from the websites of various real estate brokers and agents, where do I find local deals? Today I will give you a secret tip on where to find real deals and bargains in Panama. If you want to search for properties where local or foreign owners and most real estate agencies publish their properties you will find them here: www.encuentra24.com. Encuentra24 is the largest and most popular platform in Panama. Besides their large real estate section, you can also find vehicles and even job offers. However, you will have to take some time to search through a lot of information, compare different offers (and sometimes even prices) in order to find your personal bargain. If you search on Encuentra24 you will have everything in one place, owners and real estate brokers, all together. Remember that, if you decide to buy or rent through a real estate broker in Panama, it is the owner of the property who pays the commission of the real estate broker used for the transaction... not the tenant nor the buyer (that would be you). But what other options are there? Where can I find the real secret offers? Many clients do not know that there is a real estate market in Panama managed by the mayor banks. If you look at the banks directly, you will have more options without intermediaries. But if a bank is auctioning for example a property, it will not exactly choose Encuentra24 to publish the auctions. It is for this reason that Banco General (one of the largest and most popular banks in Panama) has just launched its own "property classifieds" advertising portal where new properties (with financing option by the bank), repossessed properties and commercial properties are being published. For bargain hunters, we have compiled a list of sites worth investigating: 1. Banco General “Clasificados de propiedades” https://www.bgeneral.com/clasificados-bg/ 2. Banco Nacional de Panamá: https://www.banconal.com.pa/remates-judiciales.html 3. Global Bank: https://www.globalbank.com.pa/es/bienes-reposeidos 4. Banco Banesco: https://www.banesco.com.pa/bienes-reposeidos 5. Banco Caja de Ahorros: https://www.cajadeahorros.com.pa/bienes-reposeidos/ 6. Banco BAC Credomatic: https://www2.baccredomatic.com/es-pa/people/bienes-reposeidos 7. Banco CanalBank https://www.canalbank.com/banca-empresarial/canal-inmuebles/ 8. Banco Banistmo: https://www.banistmo.com/wps/portal/banistmo/personas/productos-y-servicios/galeria-inmobiliaria 9. Banco Scotiabank https://pa.scotiabank.com/es/banca-personal/prestamos/propiedades-en-venta.html Now what is a Judicial Foreclosure in Panama? It is when someone could not or failed to pay the loan on their property, the bank took back that property by judicial foreclosure and put it up for sale to recover the money borrowed. A bank is not a real estate company, so it is not really interested in the property. Banks live off the interests they generate from lending money. Having a property without generating money is a monthly loss. The expenses caused will be very high if the bank keeps that property, so it is better to let go off it as soon as possible, and that is where you come in to buy "good, nice and cheap" as we say in Panama. Good luck with your hunt!

Rights of Possession (ROP) or “Derechos Posesorios” may seem a simple way of investment...but they are not. In fact, they are more complicated if you really want to prevent a legal problem in the near future. In order to explain the difference between a property that has ROP and a property that is titled, we must first know how the Panamanian government legally creates a property. In simple words, the land from the beginning belongs to the government of Panama. Then the government "assigns" those rights so that there is supply and demand and the land increases in value as it passes from hand to hand (buying and selling) that is where the government starts to make money from taxes. As the government of Panama is not a real estate company, nor is it dedicated to real estate activities, they have to guarantee that the land that belongs to the government are for public use and benefit, of course protected by the law. Faites votre jeux - Get your game on. Once I know that I want a property "without title" the first thing I must do is to have the right to "occupy" it, that is why they are called “rights of possession", because I must possess it as my own. If a person "occupies" a property but it belongs to another person, and this person does not care, because it is a "possessory" right, he can lose this right in a period of one (1) year. Obviously, in Panama, nothing is automatic. This person who is the new unregistered owner, and just arrived and occupied the property, can approach the government and ask to be given that ROP. If there is someone who opposes, then they don't give it to him. If nobody objects, then it is theirs. The same happens if you want to title the property, that is to say, a public deed is drawn up, registered and it is known to all, that this property belongs to you. To do so, you will have to prove that you are the owner. If you are thinking of buying ROP, keep in mind the following (as a frame of reference, remember that every case is different). You need to ask for the plan with the geographic coordinates, to define exactly where the property is located. Also, your seller has to prove that he is the "de facto" owner, that is to say, by means of a certification from the police authority stating that the seller has been living there for five (5) years, you can also ask for affidavits from the neighbors as witnesses. In addition, receipts for electricity, water and telephone expenses must be presented, as well as all other suitable documentation that may prove that this person exercises the spirit of owner over this property. This happens because, although a property has ROP, according to the law in Panama, you can lose your right when another person takes the property for himself in a "peaceful" way. Or in short, another person lives on the property for more than one (1) year and you allowed him to do so without expelling him. The stakes are set, or not? The law in Panama establishes that the person who has the ROP has to occupy the property, has to fence the property, has to work it, has to build on it, has to preserve nature, watch over it and protect it so that other people do not take it. There is a technical legal word for this situation and it is called "Acquisitive prescription of dominion”. That is to say, if I have a ROP and I did not exercise my right, and I allowed another person to do so, according to the law in Panama, I can lose my ROP in one (1) year, and that gives the right to another person to prove in the courts of justice in Panama that he is the legitimate owner. Another important issue to know is that the ROP can be registered by a natural or corporate body. When the land titling process is finished, the natural person will pay a symbolic price to the public office of the government, but when it is a corporate body it can be very expensive compared to what a natural person would pay. You should also keep in mind that not all properties that have ROP can be titled, i.e. it must not be a protected area, comarca territory, private estate, administrative concession area, land assigned in use and administration, among others, as well as it must not have a conflict, or judicial/administrative litigation. If you wish to title an island or insular territory, you must prove the occupation for more than five (5) years and the physical dominion with owner's intention, in a pacific and interrupted way, through suitable means, that is to say, certifications of the Mayor's Office (this documents by itself is not enough as a proof), affidavits of witnesses of the community or of the neighbors, photos of the land and of the constructions made on the property, plans with GPS position and detailed location, with its boundaries, measurements and neighbors, public services contracts, construction permits, among others. Rien ne va plus - The die is cast. In summary, buying a ROP can be cheaper compared to a property that has registered title. However, as lawyers we do not gamble, and due to our professional experience we strongly recommend buying titled properties in order to guarantee your investment in the future.

Mercedes S 320 Class, Automatic, 6 cylinder, gasoline, very good condition, Second Owner, 80K kilometers, Year 2002, new tag and new insurance, sliding sun roof, mahogany wood interior, new stereo system, Bose Loudspeakers, new Battery and much more. Email us for information and appointment. Please give your full name, address and phone number. Our email: claudia@bestplace.biz

Beautiful Stone Fountain (Lizard Design) Size: Height: 80 cm Width: 60 cm info@bestplace.biz 6657-5555 Price: 150 USD

Selling a beautiful large Fountain with pump system (never used) Price: 450 USD Measurement: H 1,50 meter L 1,31 meter W 0,60 meter Basin depth 36cm Email: claudia@bestplace.biz

$13,400 This car has been good to us! We are only the second owners. For the past year we have driven through Central America with it... a stellar car. But now we are headed to Europe so need to sell. - 4WD - Powerful V6 Engine - Automatic - Electric windows - Double air conditioning - Power locks - Very comfortable and spacious - 3 rows of seats 3.5L SOHC MPFI 24-valve i-VTEC V6 engine Variable Cylinder Management (VCM) Active control engine mount system (ACM) Active Noise Cancellation (ANC) Drive-by-wire throttle 5-speed automatic transmission w/OD Hill start assist Heavy-duty automatic transmission fluid cooler Variable Torque Management (VTM-4) 4-wheel drive system -inc: manual push-button locking rear differential Unit-body construction MacPherson strut front suspension Multi-link rear suspension w/trailing arms Front & rear stabilizer bars Variable pwr rack & pinion steering Heavy duty pwr steering fluid cooler Pwr ventilated front/solid rear disc brakes Chrome exhaust finishers 4-wheel anti-lock braking system (ABS) w/electronic brake distribution (EBD) Brake assist Vehicle Stability Assist (VSA) w/traction control Advanced Compatibility Engineering (ACE) body structure Side-impact door beams Daytime running lights Dual front dual-stage, dual-threshold airbags Dual front side-impact airbags w/passenger-side occupant position detection system Side curtain airbags on all rows w/rollover sensor Front 3-point seat belts -inc: automatic tensioning system, adjustable anchors 2nd & 3rd row 3-point seat belts 2nd & 3rd row lower anchors & tethers for children (LATCH) 3rd row child seat tether anchors Child-proof rear door locks Tire pressure monitoring system w/location indicatorsLeather-trimmed heated front bucket seats -inc: 8-way pwr driver seat, driver pwr lumbar, 4-way pwr passenger seat Front seat adjustable active head restraints Head restraints at all seating positions Multifunctional center console Tilt & telescoping steering column Leather-wrapped steering wheel Steering wheel-mounted illuminated audio controls Instrumentation -inc: digital odometer, (2) digital trip meters, trip computer, miles-to-empty indicator, compass Warning lights -inc: low-fuel, low-oil pressure, door/tailgate open, passenger airbags status, vehicle stability assist Outside temp display Maintenance Minder system Pwr windows w/dual front auto-up/down HomeLink universal garage door opener Remote fuel filler door release Security system Immobilizer theft-deterrent system Tri-zone automatic air conditioning w/humidity control, air-filtration Rear seat heater ducts Rear window defroster w/timer (3) 12V auxiliary pwr outlets (12) cup holders Conversation mirror w/sunglasses holder Auto-dimming rearview mirror w/rearview camera display Dual illuminated visor vanity mirrors Sliding sunvisor extensions Map lights on all rows Courtesy door lights Ambient console lighting Upper & lower front row seatback pockets Cargo area -inc: cargo net, cargo light, (4) tie-down anchors, bag hooks Rear hidden storage compartment Compact spare tire 1-touch pwr moonroof w/tilt, manual sunshade Roof rails Body-colored body side molding Front & rear splash guards Multi-reflector halogen headlights w/auto-on/off Fog lights Body-colored heated pwr mirrors Acoustic windshield Heat-rejecting green-tinted glass Rear privacy glass Variable intermittent windshield wipers Intermittent rear window wiper/washer Tailgate w/lift-up glass hatch Body-colored door handles

All art is on sale up to 50% off! All other items in the store will be 15% off on November 25th Black Friday fro 10 to 5 at Casa Decor Boquete! You are welcome to drop off non-perishable food or toys from the 25th to December 15th. So make the season festive for yourself with excellent savings, and for others by donating food or toys. ( or both) The store is decorated for Christmas and ready to do business Tuesday to Friday 10 to 5; Saturday 11 to 4 and Sunday 12:30 to 4. Closed Monday.

Yes, you can still save on all items of merchandise over 90 days in stock! Ask Katy to point out the bargains. This is a great time to buy home decor at a discount. Also, we are nearing the gift giving season. Come by and enjoy savings. Shop in an upscale venue that is well staged and has an impressive collection of all kinds of merchandise. The time is right . Shop Tuesday to Friday 10 to 5, Saturday 11 to 4, Sunday 12:30 to 4. Call if you have questions 507 720 3777.Katy is bilingual. If you need to remodel take time to look at the beautiful, European style custom kitchen cabinets and counter tops. Colors samples available.

Register for door prizes. TropicaAccessories.com has a beautiful necklace and earrings as a prize!

Casa Decor Boquete is blasting out the merchandise that has been in the showroom for 90 days or more! The sale last thru the month of October. Come by and choose your home decor items before they go to another smart shopper. Casa Decor Boquete must make room for new items. This sale is for items that have been in the store for 90 days or longer. All are mostly one of a kind. Hard to find. EVERYTHING that is 90 days or older is 30% off. For your home, office,or patio there is a little something for every room in your home. There is no time like the present to save on home decor. Consigned items are all gently used almost new. Ready to shine in a new home. Art and many other decorator accessories are waiting to find you !

Hi we live in the Boquete area part-time and would love to purchase a midsize used recent model SUV. Which one(s) the best for driving around in the David/Boquete area? Also needed for hauling stuff and for hauling 4-5 people comfortably... Should we purchase in Panama or in the US and ship it over? Any warnings/ideas/kudos/issues, etc. we should know about? Any suggestions or tips are greatly appreciated! Thank you! D & L

I goofed! It is a huge sale. This really is a blow out sale! And it really lasts until August 1st. So what about all art 15% off! And all bed frames 15% off. All Sofa's 15% off. The lovely cottage-look dining table and six chairs 15% off, a beautiful black china cabinet 15% off. You will find bargains galore inside Casa Decor Boquete. Patio tables & chairs are 15% off. Many items need to go, like the colorful and designer styles of sinks all 15% off. You win, Casa Decor Boquete takes a hit but everyone wins when you go home happy! Now through August, 15% off Blow Out Sale .

Whoo-Hoo! Patsi just announced and even bigger sale! Not just 15% off sofa's or bed frames, Yes those are on sale still, but now there is a 15% big blow out sale including art work. A China cabinet and all the beautiful loose designer sinks 15% off. Also a dining room table with 6 chairs for 15% off. Throw Pillows all 15% off the ticket price. This is a BIG SALE! This sale ends Next Friday July 29th at 5 PM. Come and see what the fuss is all about! 15% Off sofas 15% Off bed frames 15% Off beautiful, designer, select sinks 15% Off Art 15% Off Throw Pillows 15% Off Dining table and six chairs 15% Off a China Cabinet

This brand new, gorgeous Balsamo solid wood table for Sale - 12 seater. Measures 9' 4" x 3 1/2 '...$2,275 email me -dianneheidke@thezapadora.com or come visit www.thezapadora.com

Fuji Finepix F10 digital camera for Sale - good working condition, no problems or scratches. Has all the cables, spare battery and memory chip - $48 dianneheidke@yahoo.com gracias.

Come to Casa Decor Boquete Sunday, June 5th from 1 to 4 pm for the Grand Re-Opening SIP & SHOP. Register for the drawings. There will be refreshments and appetizers. You will find the shop full of beautiful bargains. TropicaAccessories.com is having a drawing you can register for and some excellent items are priced to sell. This is a one of a kind store, a place to find beautiful consigned home decor and gently used furniture. Check out the custom kitchen cabinet and closet display, fall in love with art, many by local artists. Enjoy crafts, handmade jewelry and vintage collections of glitz and glitter to dress up any attire. Lamps, gifts and so much more all in one store,CASA DECOR located on Volcancito Calle. Turn across from the Tourist Information Center, go up the street past Fresas Mary's and about a block up on the right is the store.

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Even damaged furniture can be repaired, refinished or re-purposed and therefore of greater value than some new, cheaply made items. Casa Decor Boquete invites you to send photos to consignndesign4u@gmail.com for evaluation. If you have questions about whether an item might be a good candidate for refinishing call 6684 1721 and ask Patsi or Carlos. Consigning furniture is a little new to this area, however, it is a win-win-win for those who do. Consignees make a commission, the store earns a percent, the customer gets a good deal too. Old doors and windows made of real wood are great items for repurposing. Window shutters, headboards, bookshelves, chests and dressers. The green finish on the large square, accessory table can easily be changed to match a special look. The lovely round stenciled breakfast table can also be re-finished to match a different decor.