Panamadera is now accepting
pre-orders for Playa Hermosa, a spectacular beachfront eco-community and
reforestation project on the Pacific Coast of Panama.
Details Here.
Reforestation
investments may achieve long-term returns exceeding the major stock
indices and help diversify your financial portfolio.
Details Here.
Panama's Law 24 provides tax and residency benefits for qualified investments
in reforestation projects.
Details Here.
Panama is a safe and attractive country
perfect for holiday, vacation home, expat living or retirement.
Details Here.
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Playa
Hermosa >
Reservations Process
Panamadera is now taking orders for Playa Hermosa's
beachfront home sites bundled with two hectares of reforested land.
There are a limited number of sites available, and Panamadera reserves the
right to increase prices at any time.
To answer your detailed questions or reserve your
property, please contact Panamadera at
info@panamadera.com. We are currently undertaking a detailed
survey of the property, completing a topographical study, and beginning the
reforestation process. We anticipate being able to close properties at
Panamadera within the next couple of months.
Prospective owners can lock in the price and guarantee
their choice in lots by providing a deposit in escrow on the property.
Steps for buying Playa Hermosa property include:
- Review and sign an “Intent
to Purchase Agreement” with Panamadera. This agreement states that
you intend to purchase a Playa Hermosa property, and will be providing a
down payment of 20% of the purchase price in order to reserve the property
for you.
- Send or wire 20% down
payment to our escrow agent in Panama City within seven days of executing
Intent to Purchase Agreement. The down payment is an indication of your
interest in proceeding, and will be held by the escrow agent until the
purchase is complete. In the event that you decide not to proceed, an
amount equal to 5% of the total purchase price will be retained by
Panamadera to cover escrow, legal and other costs, and the remaining 15%
of the total purchase price will be refunded to you by the escrow agent.
- Visit Playa Hermosa, if
you wish, to select your property and discuss the eco-management plan in
person with Panamadera’s resident experts.
- Upon selection of your
property, Panamadera will provide you with documentation which includes
title, map, and photos of your property.
- Review, sign and
notarize the “Buy-Sell Agreement,” which outlines the terms of the
transaction and finalizes the property sale.
- Review, sign and
notarize the “Property Management Agreement,” which outlines
the terms under which Panamadera will management your property (if
relevant).
- Review, sign and
notarize the “Playa Hermosa Owners’ Association Agreement,”
promising to adhere to the rules of the Association.
- Review and sign the “Panama
Corporation Agreement,” authorizing the creation of a Panamanian
corporation owned by you in which to hold your property.
- Review, provide
documentation and sign the “Panama Bank Account Agreement,”
authorizing the setup of a banking account with online banking for your
corporation.
- Send or wire the
remaining 80% of the property price to our escrow agent.
- Once all of the
documentation is complete and all funds are present in the escrow account,
documents will be legally notarized and the property transfer will take
place at the Public Registry office. You will be forwarded legal copies
of your property title and the various agreements.
- The escrow agent will
release 80% of the total purchase price on the effective sale date. The
final 20% of the total purchase price will be released upon the planting
of trees on the owner’s property.
- Relax and enjoy your
eco-investment! You have just invested in Pacific coast waterfront
property that will provide significant returns due to reforestation and property appreciation over the years to come.
This material is provided to inform potential
purchasers about properties offered by Panamadera, S.A., a, Panamanian
corporation. This information does not constitute an offer to sell or a
solicitation of an offer to buy in any jurisdiction in which or to any
person for which such offer, solicitation or sale would be unlawful.
The terms and conditions described in this document should be considered
introductory, and may be changed without notice at any time.
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