Real Estate in Boquete, Panama

"I lived in Leon, Nicaragua and was tired of heat, The temperatures here suit me well. I found an apartment in Alto Boquete on the Internet, and took a 6 month lease. I will be moving closer to town as I don't own a car," said one person in Boquete.

"We lived in Panama City for a short time while we were waiting for our goods to arrive. The heat is almost unbearable. We had visited Boquete on previous visits and decided that its mild weather is a good choice. Never too hot or too cold. We purchase a dehumidifier for the rainy season, but you don't need an air conditioner or space heater. A lighted ceiling fan is all you need," remarked one foreigner who made the move to Alto Boquete.

"Most good rentals are found through people you know. Ours was never advertised, only word of mouth. Good rentals are difficult to find," explained one person living in Boquete, Panama.

"One of the best ways to find a place to live in Boquete is to search online for rental listings. There are many websites that offer listings for apartments, houses, and other types of rental properties in Boquete. Additionally, you can also search for local real estate agents who specialize in Boquete rentals. They can provide you with more information about the area and help you find the perfect place to live. Additionally, you can also ask around in the local community for recommendations on rental properties," said one expat in Boquete.

"We have a 2 bedroom rental house up the hill from Boquete town. It is our preferred area. We were lucky and planned well in advance of moving here," remarked one foreigner who made the move to Boquete.

"3 bedroom 2 bath homes. In Boquete it is typical to have a home but there are some apartments available. When you make any change to your house you will be overcharged and you will receive poor quality work. Your electricity will be high, and undependable, and you will never have the bill delivered to your house. It is your responsible to know when the bill is due and your responsibility to go to them and pay it. (the Post Office does not deliver mail. you may not even have a street name and house number.)," explained one person living in Boquete, Panama.

"Expat homes and apartments in Boquete are typically modern and comfortable, with many featuring open-plan living areas, large windows, and balconies with stunning views of the surrounding mountains. Many homes and apartments come with amenities such as air conditioning, cable TV, and high-speed internet. Expats can also find a variety of housing options, from luxury villas to more affordable apartments. Boquete is a great place for expats to live, with its temperate climate, friendly locals, and abundance of outdoor activities," said one expat in Boquete.

"Homes in Boquete range from quite rustic Panamanian style homes to large luxury homes. It all depends on your desires and budget! Most homes in Panama are concrete block construction. I will disagree with the previous poster, most homes in Boquete do not have either AC or heat, as it is not needed due to the stable and comfortable air temperature. As you drive from Boquete to David it get significantly hotter and AC would be highly desirable in those areas. See homes at https://casasolution.com," remarked one member in Boquete.

"Our rent (including electric, gas and high-speed internet) is less than half of just our mortgage in S. Florida. Tip: if internet is important to you, don't ask, "do you have internet" since everyone can get it. Ask, "what speed internet can I get and how much does it cost?" We pay about $50 for 5G megs mo. Five minutes away it is $150 for 1meg," explained one expat living in Boquete, Panama.

"The cost of housing in Boquete varies depending on the size and location of the property. Generally, the average cost of a one-bedroom apartment in Boquete is around $500 per month, while a three-bedroom house can cost up to $1,500 per month. Prices can also vary depending on the amenities offered, such as a pool or a view," said one person in Boquete.

"We are certain it is less to live there than in the US although....prices are creeping up at least in the grocery stores," said one expat who made the move to Boquete.

"Monthly rental is $905.00 per month cheaper. Housing here is between $600 $700 for two bedrooms. There are real estate people here who will find a house or apartment for you. Be prepared, every local has his hand out. Everyone from the cab drivers to our exterminator will offer to find a house for you. They have contacts and get commissions. But make no mistake, the Panamanians are all good-hearted and mean well. Sometimes strike gold," explained one foreigner living in Alto Boquete, Panama.

"Rent. Not difficult, but a bit seasonal. Purchasing is easy, but selling a home takes a very, very long time, so it's advisable to rent first, always," said one person in Boquete.

"Buying a home in Boquete can be a great investment, as the area is known for its beautiful scenery and pleasant climate. Renting a home in Boquete can also be a great option, as it allows you to experience the area without the long-term commitment of buying a home. Ultimately, the decision to buy or rent a home in Boquete should be based on your individual needs and preferences," remarked one foreigner who made the move to Boquete.

"Use only a well known reputable realtor and have an attorney. If you hire professionals listen to their advice. We bought prior to moving here 2 1/2 years ago, and we bought sight unseen as it was an unusual opportunity. The process went smoothly, no issues. We couldn't be happier with our property and in retrospect we really got a great deal on a great property," explained one person living in Boquete, Panama.

"When buying property in Boquete, it is important to research the area and the local laws and regulations. It is also important to understand the local real estate market and to work with a reputable real estate agent or lawyer who is familiar with the area. Additionally, it is important to understand the tax implications of buying property in Panama, as well as the costs associated with purchasing and maintaining a property. Finally, it is important to ensure that the property is properly registered and that all necessary paperwork is in order," said one expat in Boquete.

"Yes, foreigners are allowed to own property in Boquete. The country has a law known as the Foreign Investment Act, which allows foreign citizens to purchase and own property in Panama. This law also provides certain tax benefits to foreign investors, such as exemption from capital gains tax and exemption from income tax on rental income. Additionally, foreigners are allowed to purchase property through a Panamanian corporation, which can provide additional legal protection," wrote one expat who made the move to Boquete.

"Rental properties in Boquete typically include a refrigerator, stove, oven, and washing machine. Some properties may also include a dishwasher, microwave, and other small kitchen appliances. Additionally, many properties come with air conditioning units and ceiling fans," said one expat in Boquete.

"Expats can search for homes in Boquete by looking online for real estate listings, contacting local real estate agents, and asking other expats for recommendations. They can also search for rental listings on websites such as Airbnb and VRBO, or look for classified ads in local newspapers and online forums. Additionally, expats can attend open houses and visit local real estate offices to get a better sense of the area and the available properties," said one expat in Boquete.

"I would recommend using a reputable agent! Highly recommend Lauretta Bonfiglio with Boquete Land and Realty and also affiliated with Casa Solution. Highly knowledgeable," said one foreigner living in Boquete, Panama.