Vervana Phase I and II: reviews and facts
What is published about Vervana Phase I and II in Achotines Bay, Playa Venao, Los Santos, Panama, what official registers and other sources say, and what changed over time. Facts only, each with its source.
- Developer
- FRAPAN-Invest Corp. frapan-invest.com
- Location
- Achotines Bay, Playa Venao, Los Santos, Panama
- Stage
- off-plan frapan-invest.com
- Handover on record
- September 2027 frapan-invest.com
- Permit or licence number
- not published
- Deposit protection
- not researched yet
- Page we read
- frapan-invest.com frapan-invest.com
- Last checked
- 5 Nov 2026
- Open data record
- PAN-001
In short
- Vervana Phase I and II is listed as off-plan in Achotines Bay, Playa Venao, Los Santos, Panama, by FRAPAN-Invest Corp.. frapan-invest.com
- The handover date on record is September 2027. frapan-invest.com
- No permit or licence number is published in the sources we read. frapan-invest.com
- Of 11 developer claims we checked, 0 are confirmed by a register or an independent source, 10 are not yet verified and 1 are contradicted by another source. Open data record
What is promised
As published by the developer or on listing pages, in the wording of the source.
- Price from: USD 450,000 - 655,000 frapan-invest.com
- Units: 44 frapan-invest.com
- Unit sizes: 88 - 131 m² frapan-invest.com
- Unit types: 1BR + flex, 2BR, penthouse, 2BR villa frapan-invest.com
- Payment plan: About 30% during construction, 70% on completion frapan-invest.com
- Ownership: Not stated frapan-invest.com
- Brand or operator: Hamak Hotels & Residences (operator) frapan-invest.com
- Permit authority: Municipality of Pedasi / MIVIOT; MiAmbiente (EIA) frapan-invest.com
- Construction start: February 2026 frapan-invest.com
- Handover promised: Q3 2027 frapan-invest.com
- unit table with count, m2, starting price and availability (Apr 2026) frapan-invest.com
- Phase I start Feb 2026, end Sep 2027; Phase II Feb 2027 to Sep 2028 frapan-invest.com
- 70% payable on completion frapan-invest.com
- floor plans on request only frapan-invest.com
- Golden Investor Visa eligibility claim frapan-invest.com
Delivery and delay record
Every dated promise we found, how it changed and whether the date has passed. Status rules: promise tracker.
- Handover or completion: September 2027 date still ahead
developer or listing page, copy of 5 Nov 2026 (SHA-256 1a887acebd5c315e) · Earlier dates on record: September 2028 (31 Oct 2026) frapan-invest.com - Construction start: February 2027 date moved later · moved 1 times, 11 months in total
developer or listing page, copy of 5 Nov 2026 (SHA-256 1a887acebd5c315e) · Earlier dates on record: Q1 2026 (31 Oct 2026) frapan-invest.com
Permits and licences
- No permit or licence number is published in the sources we read.
- No permit or approval mentioned by FRAPAN, the launch release or agents frapan-invest.com
Live check in the official registers
Queries the official registers we can reach for this country now and shows what each returns. Each answer is hashed (SHA-256); nothing is invented, a register with no data says so.
The six buyer checks
Public means the information is published. The level says who confirms it. Method: how we score.
| Check | Public | Who confirms it | What we found |
|---|---|---|---|
| Permit or licence number | no | not published | No permit or approval mentioned by FRAPAN, the launch release or agents frapan-invest.com |
| Deposit protection | no | not published | No escrow or trust mentioned; 30% paid during construction frapan-invest.com |
| Construction progress | no | stated only by the developer | Only a stated start (Feb 2026); RE/MAX listing still says start estimated Q1 2026 with 18-month build; no dated photos or % frapan-invest.com |
| Floor or site plans | no | not published | Sizes only; floor plans on request frapan-invest.com |
| Developer track record | no | not published | Neither FRAPAN nor Chagres Capital publish delivered projects frapan-invest.com |
| No guaranteed returns | yes | not published | Lock-off rental option and optional Hamak management; no figures or guarantee frapan-invest.com |
Developer claims we tested
| Claim (source wording) | Result | Checked against | Source |
|---|---|---|---|
| Phase I construction began February 2026 | not verified yet | frapan-invest.com | |
| Phase I completion September 2027 | not verified yet | remax-centralamerica.com | |
| Phase II groundbreaking Feb 2027, end Sep 2028 | not verified yet | frapan-invest.com | |
| 44 units across Phase I and II (launch release: 67 residences and 20 villas) | contradicted | newswire.com | |
| Developer is Chagres Capital (FRAPAN names no developer) | not verified yet | newswire.com | |
| Hamak Hotels will operate the resort and rental program | not verified yet | newswire.com | |
| Beach condos 101 m2 from USD 575,000; condos from USD 450,000 | not verified yet | frapan-invest.com | |
| Purchase qualifies for Panama Golden Investor Visa | not verified yet | frapan-invest.com | |
| Construction permits granted | not verified yet | frapan-invest.com | |
| Buyer deposits protected by escrow or trust | not verified yet | frapan-invest.com | |
| Own freshwater springs and sewage system | not verified yet | frapan-invest.com |
What changed, with dates
- No dated change recorded yet.
- Fingerprint of the developer page text on 5 Nov 2026: SHA-256
1a887acebd5c315e.... Anyone can check it on kolaboro.com/verify. kolaboro.com/verify
Public reports
What public sources report, with the link. We list reports; we do not judge the developer.
- No reports of disputes, regulator action, stoppages or financial difficulty found in the sources we read.
About the developer
- Head office: Panama frapan-invest.com
- Legal entity: Marketed by FRAPAN-Invest, Corp.; 2024 release names Chagres Capital (managing partner Alfonso Naranjo) as developer frapan-invest.com
- Neither FRAPAN nor Chagres Capital publish delivered projects frapan-invest.com
Similar projects
- Nikki Beach Residences Antigua Antigua · off-plan
- Nayamara Panama City · off-plan
- Passage Amador Panama · under construction
- Essenza Balearics · off-plan
- Khalid Bin Sultan City (Phase 1) Sharjah · off-plan
Market context: Panama
- We track 2 projects in Panama. 0% publish a permit or licence number and 0% state deposit protection. kolaboro.com/m
Buyer reviews
There are no verified buyer reviews of Vervana Phase I and II yet. We publish a review only from a buyer who proves the purchase (fingerprint of the contract or receipt, signed with a passkey) and only after a moderator has read it.
Reviews waiting for moderation are not shown.
Right of reply
Are you the developer? Send documents and we add your reply to this page. Found a wrong fact? Tell us and we correct it with a dated note.
Reply as the developer Report a correction Questions to ask the developer
Before you pay
Paste the project link for a free live check of what official registers say. For a full desk review and a site visit by a local agent, order the pre-purchase check.
Questions buyers ask
Is Vervana Phase I and II legit?
Kolaboro does not label projects or developers. What the public record shows: No permit or licence number is published in the sources we read. Of 11 developer claims we checked, 0 are confirmed by a register or an independent source, 10 are not yet verified and 1 are contradicted by another source. The handover date on record is September 2027. No reports of disputes, regulator action, stoppages or financial difficulty found in the sources we read. Check the sources on this page and ask the developer for documents before paying.
When will Vervana Phase I and II be delivered?
The handover date on record is September 2027.
Who is the developer of Vervana Phase I and II?
FRAPAN-Invest Corp., according to the sources listed on this page.
Does Vervana Phase I and II have a permit or licence?
No permit or licence number is published in the sources we read.
Are there reviews of Vervana Phase I and II?
There are no verified buyer reviews yet. Buyers who prove their purchase can submit one; it is published after moderation.
Sources
Every fact on this page links to its source. Pages we read are fingerprinted and kept by date.
- frapan-invest.com https://www.frapan-invest.com/en/luxury-apartments-by-the-sea/
- casasolution.com https://www.casasolution.com/developments/vervana-beach-condos
- newswire.com https://www.newswire.com/news/punta-pacifica-realty-launches-sales-of-vervana-new-nature-r...
- remax-centralamerica.com https://www.remax-centralamerica.com/panama/pedasi/oceanfront-003244131110
Last checked 5 Nov 2026. How we collect data: data policy. Facts quoted from sources are shown in the language of the source.