What you need to know to rent in Panama.
The first thing that comes to mind after choosing a travel destination is where I will stay:
This will depend on the duration of the trip and the reasons for it.
If your stay is long, it is advisable to rent a property.
If this is the case, you should keep in mind some important things, for example:
Papers:
To rent a property it is essential that you are of legal age and have:
Valid passport
Advance: I pay one month’s rent in advance
Deposit: is the sum equal to one month’s rent that is given as a guarantee to the landlord. At the end of the contract, the money must be returned to the tenant, after inspection of the property (in case there is no damage to cover).
Now, when signing the contract it is very important to read it carefully, especially with hidden costs, it must be specified which services the owner covers and which will be borne by the tenant.
Clear communication and an accurate contract is the key to success.
Written by Carla Borges.
If you have any questions or want to know more about what you need to know to invest or visit Panama, I invite you to contact ba-lawfirm.com and we will gladly advise you
