Frequently asked questions

Modern 'Zen Contemporary' home with large windows, energy-efficient and superior quality, built to North American standards.

The Alta Vista La Laguna PH and/or private development is a real estate development in the same way as a condo structure. The owners of each private lot also own the development in its entirety: common spaces, wells, roads, etc. That's why they pay a monthly fee that is used not only for regular maintenance of the premises, but also for the long-term upkeep of the infrastructure.  A Board of Directors is elected to oversee the smooth running of the real estate development. This board can also be made up of external members.

You will be asked to pay progressively over the 5 stages of construction of your property. These payments are as follows: upon signing the contract as a deposit(30%), upon completion of your foundation(30%), upon completion of the installation of the steel structure(15%), upon completion of the installation of the roof, walls, floor, doors and windows(15%), and finally, upon completion of the basic interior finishes(10%). Each payment will be calculated on the total value of your purchase, depending on the model you choose.

Once you've chosen the model that best suits your needs, we'll draw up the architectural, structural, mechanical, electrical and plumbing plans (MEP), etc., and submit them to the relevant authorities for approval. A final inspection by the relevant authorities will be mandatory after construction so that you can obtain your occupancy permit. Building your home will take a few months, but times can vary due to bureaucracy. It's safe to say that within a year you'll be able to move into your new home.

For as little as US$150,000, you can be part of this developing paradise.

Yes, duplexes are planned in the project so that you can benefit from passive income. Quadruplex construction possibilities are also on the horizon. Contact us for more information.

Yes, PH Alta Vista La Laguna not only lets you enjoy the property yourself, but also allows you to take advantage of a property management system, for a fee, so that your property can be managed and rented out while you're away.

Yes, the Alta Vista La Laguna team will make the transaction easier for you, with a legal team to guide you through the entire process.

Yes, with the purchase of a property with a total value of 200,000$ usd you qualify to apply for Panamanian permanent residency. In addition, our team can assist you with your expatriation process to Panama.

Yes, Coronado International School offers you a curriculum equivalent to that offered in the United States. What's more, Panamanian bus networks are accessible at all times and throughout the country, at very affordable costs.

The San Fernando hospital, located 30 minutes from the development, is accessible every day. In case of emergency, ambulances are available to guide you through the nearest hospital. There are also several pharmacies, some of which are open until midnight.

Water on the project is privately supplied from wells connected directly to the aquifer, guaranteeing a constant supply. Storage tanks are attached to the project to meet the water needs of each resident.

Electricity infrastructures in Panama can sometimes be unstable. That's why, at Alta Vista La Laguna, we've included a generator outlet on every home model. This means that every homeowner will be able to use this feature in the event of a power failure.

At Alta Vista La Laguna, we are committed to meeting your needs. We'll be there before, during and after your purchase to answer any questions you may have. As owner-occupiers, you can be confident that we'll be there for you.

The Banistmo bank in San Carlos offers 70% financing for the purchase of a home. A deposit of 30% must therefore be paid to the bank in order to access the mortgage product. As a result, you will first need to purchase your land with us, and then, once construction of your new home is complete, take out the pre-approved mortgage. An arrangement can therefore be made between Alta Vista La Laguna and Banistmo. Our team will be with you every step of the way.

Maintenance fees are $0.15/m2 of lot's size per owner, plus 20% extra on that amount for contingency fund,  on a monthly basis. These fees may be modified by decision of the Board of Directors when it takes over management of the PH, according to the needs of the development's owners and voted by them.