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Old 05-22-2008   #95 (permalink)
soltero
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Join Date: Apr 2008
Location: Panama
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Hmm. I guess we can agree to disagree. The fallacy I see with your argument: If you agree that it's dangerous to buy ROP property in Bocas, why would it not be dangerous elsewhere? Just because you have a good feeling about the person you're dealing with?

Yes, I agree that with a good lawyer (or two) and lots of on-the-ground legwork it is certainly possible to buy ROP property and not get burned. Hundreds (or thousands) have done it. But if you're not living in Panama, and you don't speak Spanish, and you don't have a long-standing working relationship with a Panama attorney, and you don't want to put in hundreds of hours in research and hundreds of dollars in additional fees -- or any combination of the above -- I'd look for titled property only.

Remember, Woohoo, the OP and most people here are out-of-towners who've read a pro-Panama article in some Frozen Tundra Suburb, or maybe attended a pro-Panama seminar, and now they're eager to jump on the "Live Like A King on a Sandy Beach with Beautiful Babes for Only a Dollar a Day" bandwagon. Those kind of buyers should *not* be steered toward ROP property, imho.
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