EMPTY PANAMA — Villas Cost $49,000 But Nobody Wants Them

📘 You Can Afford To Retire. Just Not In America. Nine countries, every cost sourced and dated → https://moveabroadmanual.com EMPTY PANAMA — Villas Cost $49,000 But Nobody Wants Them Back home, $50,000 is a down payment, if that. In Panama it can buy the whole house and the land under it. In San Pablo Viejo, on the edge of David, houses have been listed for around $35,000, and in Santiago de Veraguas an older two or three bedroom block house sells from around $40,000 to $50,000. Every town on this list has houses under $50,000 that sit waiting for a buyer, and each one sits empty for a different reason: water, heat, rain, earthquakes, distance to a hospital, or paperwork. This video names the reason in every town, so you can decide whether you can live with it. Before you comment: yes, foreigners can own titled property in Panama in their own name, with the same title a Panamanian gets. The exceptions are rights-of-possession land, land within 10 kilometers of a border, and some coastal and island land. Always have a Panamanian lawyer run a title search at the Registro Público, and buy only titled property. All prices are in US dollars, because that is Panama’s local currency. THE THIRTEEN TOWNS 👇 #13 Santiago de Veraguas — from around $40,000 #12 Atalaya — from around $30,000 #11 La Pintada — around $48,000 #10 Montijo — around $40,000 #9 Gualaca — from around $45,000 #8 Parita — $33,000 to $50,000 #7 Penonomé — $48,000 to $50,000 #6 Aguadulce — $32,000 to $50,000 #5 Boquerón — from around $25,000 #4 Chitré — from around $45,000 #3 Pedregal — around $35,000 #2 San Félix — from around $45,000 #1 San Pablo Viejo — around $35,000 CHAPTERS 0:00 Why these sub-$50,000 houses sit empty 1:26 #13 Santiago de Veraguas 3:49 #12 Atalaya 5:48 #11 La Pintada 7:35 #10 Montijo 9:23 #9 Gualaca 11:15 #8 Parita 13:07 #7 Penonomé 16:09 #6 Aguadulce 17:55 #5 Boquerón 19:43 #4 Chitré 21:29 #3 Pedregal 23:22 #2 San Félix 25:18 #1 San Pablo Viejo 27:40 The reason, the right buyer, and your title More lists like this every week:    / @newlifesouthamerica   Which reason could you live with: the heat, the rain, the pilgrims, or the paperwork? Subscribe for a new list like this every week. DISCLAIMER: Costs shown are estimates based on public rental listings and local prices observed at time of research and are indicative only. Prices, exchange rates, availability and visa requirements change constantly and must be independently verified. This video is for informational purposes only and does not constitute financial, legal, immigration, medical or real estate advice. Always verify current costs and rules with official sources and a licensed professional before making any relocation decision. #RetireAbroad #NewLifeAbroad #Panama