BANK FORECLOSURE IN PANAMA | $427K HOME IN COSTA SUR | SUNSET COAST PROPERTY TOUR

What does $427,000 buy you in Costa Sur, Panama in today’s bank-owned property market? In this Panama real estate tour, I’m taking you inside a 4-bedroom bank-owned home in Sunset Coast, a gated residential community in Costa Sur, Panama City. We’ll also take a quick drive through the area and visit Costa Sur Plaza so you can see some of the shopping, restaurants and everyday conveniences nearby. If you’re seriously considering buying property in Panama, my contact information is below. I work with buyers before they arrive in the country, helping them understand areas, compare properties, establish a realistic budget and prepare before they begin touring homes. This property was originally purchased for $830,000 and is currently being offered by the bank at $427,000. PROPERTY DETAILS Asking Price: $427,000 Lot: 612 m² / approx. 6,588 sq. ft. Construction: 336 m² / approx. 3,617 sq. ft. 4 Bedrooms 4 Bathrooms + Powder Room Maid’s Quarters Garage Enclosed Terrace Private Patio / Garden One of the features I particularly like about this home is its position toward the end of the development and at the end of the street. There is no neighbor directly in front of the property, which gives the house additional privacy and a greater feeling of space. SUNSET COAST, COSTA SUR Sunset Coast is a gated residential community in Costa Sur with: Swimming Pool Gym Party Room Children’s Play Area Tennis Court 24/7 Security During this video, I also take you outside the development for a short tour of Costa Sur Plaza and the surrounding area. Costa Sur is an established residential sector of Panama City with access to supermarkets, restaurants, shopping, everyday services and international private schools, while still offering larger homes and gated residential communities. For families relocating to Panama, this combination can make Costa Sur an area worth considering. BUYING A BANK-OWNED PROPERTY IN PANAMA Bank-owned properties can offer interesting opportunities, but the process is different from purchasing a traditional resale property. In this tour, I also explain some of the practical considerations involved when looking at a bank foreclosure in Panama, including financing, property condition and evaluating how much additional investment may be required after purchase. This particular home is being sold as-is, which means the purchase price is only one part of the equation. That is why I always recommend comparing the total investment required rather than looking only at the asking price. $427,000 BANK REPO VS. $500,000 MOVE-IN-READY HOME We have already submitted an offer on this bank-owned property, and I’ll update you on what happens with the bank. But there is another interesting comparison coming. I currently have another home in Sunset Coast offered at $500,000. That property is upgraded, equipped and essentially move-in ready, making it a very different option from this $427,000 bank-owned home. I’ll be showing you that property in an upcoming full tour so you can compare the two. Which would you choose? Would you purchase the $427,000 bank-owned home and invest in making it your own? Or would you spend more for the $500,000 move-in-ready property? Tell me in the comments. CHAPTERS 00:00 - Panama Bank Foreclosure Tour 00:27 - Property Overview & $427K Price 01:32 - Large Kitchen & Private Backyard 03:05 - Covered Terrace & Garage Storage 04:10 - Bedrooms & International Schools Nearby 05:15 - Financing Bank Repos in Panama 06:24 - Exterior, Privacy & 612 m² Lot 06:46 - Costa Sur Plaza & Local Amenities 08:17 - Sunset Coast Social Areas & Amenities 09:16 - Costa Sur Neighborhood & Location 10:13 - Buying Property in Panama / Contact Suzy BUYING OR RELOCATING TO PANAMA? If you’re seriously thinking about buying property in Panama, feel free to reach out. I work with buyers before they arrive in Panama so we can discuss: What you’re looking for Your budget Your priorities The areas that may make sense for you The buying process in Panama Properties worth seeing once you arrive Whether you’re relocating to Panama, searching for a family home or exploring Panama real estate opportunities, I can help you compare neighborhoods, evaluate properties and navigate the buying process. CONTACT Suzy Cajar | Suzy’s Realty Panama Licensed Real Estate Broker in Panama | Lic. 4467 WhatsApp: +507 6618-6087 Email: suzycajar@gmail.com Website: https://suzysrealtypanama.realtyhd.com/ Instagram: @suzysrealtypanama What area of Panama would you like me to tour next? Leave it in the comments. Subscribe for more Panama real estate tours, bank-owned properties, homes for sale, neighborhood guides and practical information about buying and living in Panama. #PanamaRealEstate #CostaSurPanama #PanamaProperty #BankOwnedProperty #PanamaHomesForSale #SunsetCoast #PanamaCityRealEstate #BuyingInPanama #MoveToPanama #LivingInPanama #PanamaRealtor