Chiriquí Chatter

HERE is an article in La Prensa of deposits being lost on a new development in Panama City. This sort of thing happens more often that you would think. If you buy property anywhere in Panama, make sure you know what you are doing and you never pay everything up front.

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I took on a project that has turned out to be a little more difficult than I expected it to be. Maybe there are a couple lessons to be learned, so I will give some details. Part of this is Panama related and part isn’t.
I have a good friend that was buying some items for [...]

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I received the following Question from a couple that had a bad experience in Caldera Village, Boquete:
Question::We got involved in a property scam. It was for property in Boquete called Caldera. The owner was Carlos Gomez. He sold time share type ownership and then sold the property and did not return any of the [...]

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The other day I posted a piece called Buyer Beware”. It caused me to think about a person I met in 2002 when I came here checking out Panama. This fellow (a Panamanian) had a piece of property that I was considering buying. The going price at that time was about $6 a meter for [...]

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I received an email from one of the Chiriquí Chatter readers and I told her it would make a good post. She re-sent it as a more complete email. Read it and take heed.
Dear Don,
Buyer Beware. The reality of the situations with beach property in Panama is that it is virtually impossible to tell [...]

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