Buy an Island in Panama: Your Path to Paradise

Have you ever dreamed of owning your private island in a tropical paradise? Buy an Island in Panama, with its pristine coastlines and stunning landscapes, offers a unique opportunity for those seeking island ownership. In this blog post, we'll delve into the benefits of purchasing an island in Panama, the legal requirements, and the exciting possibilities it presents for buyers and investors looking to turn their dream into a reality.

Buy an Island in Panama with ISAZA Realty

The Island Ownership Revolution: Panama, known for its breathtaking beauty and growing tourism industry, has opened its doors to foreign investors interested in island ownership. This opportunity was made possible through legislative changes, including the declaration of "insular territory" as a special development area. This shift in regulation has paved the way for individuals and businesses to invest in islands for tourism-related projects.

Islands in Chiriqui

Unlocking the Benefits: Investing in an island in Panama comes with a range of benefits, including the potential for a lucrative tourism venture. The law encourages investment by offering incentives such as confirming the investment's purpose and job creation. While up to 50% of the island can be developed to foreign interests, transparency is ensured through public bidding for island territory. Projects already underway before the 2006 legislation can also apply for direct land sales.

Invest in an Island

Legal Requirements and Considerations: When purchasing an island in Panama, it's essential to understand the legal requirements. The contract must include detailed descriptions of the land, its value, estimated investment, public services, and infrastructure. Additionally, an environmental impact assessment, social study, and mitigation plan are necessary. The contract should also specify the percentage of the contract value to be held as a valid bond throughout the project's duration.

Pedregal has many islands for Sale

Turning Dreams into Reality: Owning an island in Panama is not just a dream; it's an achievable goal for those with the vision and resources to make it happen. Whether you envision a luxury resort, an eco-friendly retreat, or a personal sanctuary, Panama's island ownership opportunities offer a chance to create your own paradise.

Chiriqui has a lot of Islands

Buying a Island in Pedregal: Buying an island in Pedregal, Chiriquí, is an enticing prospect for those looking to own a slice of tropical paradise in Panama. What makes this location even more appealing is its proximity to Enrique Malek International Airport. Situated just a short distance away, the airport provides convenient access to Pedregal, making it a practical and accessible choice for island ownership. Whether you're envisioning a private getaway, an exclusive resort, or an investment opportunity, the ease of travel to and from Enrique Malek Airport enhances the allure of Pedregal as an ideal destination for your island dream.

Experience a trip to the Islands of Chiriqui

In conclusion, Panama's island ownership landscape is a testament to its commitment to tourism and economic development. As the country continues to thrive in the tourism sector, owning an island here presents a unique opportunity for investors and buyers looking to turn their dream of a beautiful property into a reality. Explore the possibilities, navigate the legal requirements, and set your sights on a slice of tropical paradise in Panama.