This is the newest type of ownership to come to Panama. Historically, Panama Real Estate has been so inexpensive that the fractional ownership plan didn't really work, but since prices have gone up, now it makes sense. We have a beach home that you can own 1/12 share, have the right to use it for 2 weeks per year high season, and 2 weeks low season, have nothing to worry about as it is completely managed and taken care of for as little as $25,000. For those who want a second home, but are only in a position to use it a couple weeks per year anyways, this is the perfect solution. You are listed as an owner of your shares in the corporation that holds the title to the property. There are fractional opportunities on The Pearl Islands as well. If you or your clients would like more information, please let me know. Pays a 10% commission to the seller, which I will only take 2% from, the rest is yours.
Tags: estate, fractional, panama, real
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