In this conversation, Sabrinna Misasi shares her insights on the real estate market in Panama, discussing the unique challenges and opportunities for foreign investors. She explains the differences in transaction processes compared to the US and Canada, the dynamics of pre-sale versus resale properties, and the current trends in the rental market. Sabrinna also highlights the cost of living in Panama and offers practical advice for potential buyers looking to invest in the region.

• Panama's real estate market lacks a centralized MLS system.
• Hiring a good lawyer and real estate agent is crucial.
• The economy of Panama does not rely on tourism but on foreign investment.
• The market has been historically flat with steady prices.
• Foreign buyers are primarily from the US and Canada.
• There are no taxes on money made outside of Panama.
• Rental prices have increased by 10-15% recently.
• Investors are attracted to pre-sale properties for better returns.
• The cost of living can be very affordable if shopping locally.
• Subpar properties yield subpar results in the rental market.

Keywords: Panama real estate, foreign investment, property market, rental market, cost of living, pre-sale properties, resale properties, transaction process, Airbnb regulations, market trends