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We put our heart in every selection!
The land selection process does not only involve looking for a piece of land and buying it, it´s much more comprehensive than that!
The path to compiling a vast portfolio of land with true development potential requires discerning experts who can put into practice the proper strategies and adopt strict criteria in order to guarantee the successful acquisition of the right land at the right location.
This is achieved by our dedicated team of expert land scouts by following three main steps:
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IDENTIFYING: The real potential behind each land. On a daily basis and before deciding on acquiring any particular land, our team of experts identify all relevant aspects related to it, to determine if is worth continuing to the next step. Among the strict criteria they adhere to are:
- Accessibility of the area and the site
- Regional tourism and residential development plans
- Price level
- Distance from Panama City
- Legal status
- Regional facilities
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RESEARCHING: A conscientious investigation is required to successfully select between different lands and locations. Based on our over 20 years of combined experienced in the acquisition of land in panama, we have narrowed down the extensive list of matters to be taken into consideration to researching on:
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Ownership and legal status of the land. It is very important to know up front whether the land is titled, or if it is linked to a possessory rights trial, hereditary succession, lien or hidden defects, as well as any potential boundary problems with neighbors and zoning issues with national or local authorities.
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Existing and programmed infrastructure: Numerous site visits and inspections are performed when selecting a land to buy. Exploring all possible access routs, existing roads to evaluate their viability, and researching on already planned and approved projects to implement new roads or to improve local area infrastructure. This is crucial as all these aspects represent aggregated value for the prospect land and makes it more appealing and interesting to acquire.
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Future development plans: Any tourism or residential project soon to be developed within the surroundings of the prospect land, automatically and in an almost imperceptible way, brings up the value to land by default.
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EVALUATING: Our team of experts objectively evaluates every previously identified and researched aspect of the land and its potential to become highly profitable as well as feasible for development.
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