Whether buying off-plan in Panama is safe depends on the project, and the public record differs a lot between projects. Of the 9 projects we track, 0% publish a permit or licence number, 0% state deposit protection and 0 are past the first handover date on record.
We found 16 developer claims contradicted by another source out of 88 tested. This page reports facts; it is not a rating of any company.
Delivery record#
0 of 9 projects are past the first handover date on record. 2 projects have a first handover date more than six months in the past, the group used for the on-time odds on the delay index.
Dated promises (handover, construction start, permits): 10 tracked, 0 kept, 0 broken, 4 moved to a later date, 6 still ahead. How promises are tracked.
What developers make public#
| Check | Public | Confirmed by register or independent source |
|---|---|---|
| Permit or licence number | 0% (0) | 0 |
| Deposit protection | 0% (0) | 0 |
| Construction progress | 33% (3) | 0 |
| Site or floor plans | 56% (5) | 0 |
| Developer track record | 89% (8) | 2 |
| No guaranteed-return language | 100% (9) | 0 |
What protects a buyer#
The protections that exist on paper only help if the project uses them: a permit you can look up, payments into an escrow or protected account in the project name, and payments tied to construction milestones you can verify. How to check a project in Panama.
Questions and answers#
Is it safe to buy off-plan property in Panama?
It depends on the project. Of 9 projects tracked by Kolaboro in Panama, 0% publish a permit number, 0% state deposit protection and 0 are past the first handover date on record (data of 5 November 2026).
How often are off-plan handovers in Panama late?
0 of 9 tracked projects are past the first handover date on record.
How many developer claims in Panama turned out to be contradicted?
16 of 88 tested claims (18%) were contradicted by a register or independent source.
Are you the developer, or did we get something wrong? Send documents and we add your reply or correct the record: right of reply · corrections. Every figure here is computed from the open dataset (/data/bali-cases.json, CC BY 4.0) and changes when the data changes.