Panama Real Estate · Licensed Broker PN-5940
Find Your Home in Panama with a Licensed Real Estate Broker Who Is Also an Attorney
Whether you’re relocating to Panama, purchasing a vacation home, retiring abroad or investing in real estate, Julio Díaz can help you search for the right property and navigate the buying process with confidence.
Through separately engaged legal services at Díaz, Shacalo & Asociados, clients can also receive assistance with property documentation, banking, residency and immigration matters when appropriate.
More Than a Traditional Broker
Your Property Search, With a Broader Understanding of Panama
Julio doesn’t just show you properties. As a personally licensed real estate broker and a Panamanian attorney, he understands what happens after you choose one: the negotiation, the purchase documents, the bank and, if you’re moving, your residency.
Personally licensed broker
Julio holds Panama real estate broker license PN-5940 in his own name.
A Panamanian attorney
He understands purchase documentation, title questions and the legal steps around a transaction.
Used to international buyers
He works with buyers and families relocating to Panama, including those who start their search from abroad.
Bilingual communication
English and Spanish, so nothing gets lost between you, sellers, developers and notaries.
The whole process in view
Search, negotiation, purchase documents, banking and immigration needs considered together — not in isolation.
A personalized search
A search built around your criteria, not a generic list of listings.
Brokerage and legal representation are distinct professional engagements, agreed separately — so you choose the support you actually need.
Property Types
Find the Right Property for Your Goals
These are some of the searches Julio can help you with. Tell him what you need and he’ll help you explore the options that fit.
Apartments & Condominiums
City apartments, ocean-view condos and buildings with the amenities that genuinely matter to you.
Houses & Family Homes
Homes with room for family life, close to schools, services and the commute you’ll actually make.
Luxury Real Estate
High-end residences where privacy, design, views and build quality are part of the brief.
Beach & Vacation Properties
Second homes and coastal properties, with attention to how title, access and management work outside the city.
Investment Properties
Properties assessed against your own investment criteria — rental, resale or long-term holding — without promised returns.
New Developments & Pre-Construction
Projects under construction or recently delivered, with close attention to the developer’s contract, delivery terms and payment schedule.
These categories describe the kinds of searches Julio can assist with; they are not a statement of available inventory in each category.
See what’s currently in our catalogAvailability changes, so Julio confirms the status of any property before a viewing. Don’t see what you’re looking for? Send him your criteria anyway.
Your search can start wherever you are
- WhatsApp and video calls
- English and Spanish
- Viewings planned around your trip
Buying From Abroad
Buying Property in Panama From Abroad
You can start your search before you travel. Julio can get to know your brief early, so the time you spend in Panama is focused and productive.
- Understanding your budget and preferences, by WhatsApp or video call.
- Identifying areas and properties that fit how you plan to live or invest.
- Coordinating property information, photos and viewings.
- Helping with negotiations on price and terms.
- Arranging visits and discussions with developers, sellers and other relevant parties.
- Coordinating separately engaged legal services when appropriate.
Not every purchase can be completed entirely remotely, and mortgage or bank approval depends on each institution. Julio will tell you early which steps may require your presence in Panama or a properly granted power of attorney.
Property + Relocation
Moving to Panama? Your Home Search Is Only Part of the Journey.
Many buyers are also planning a move. Alongside your property search, Díaz, Shacalo & Asociados can assist under a separate legal engagement with:
Buying property in Panama does not by itself grant residency. Some categories, such as Qualified Investor, include real estate investments that meet specific requirements; others depend on pension income, nationality or economic and employment conditions. The final decision rests with Panama’s National Migration Service.
Planning the whole move for 2027? Build your Panama Plan 2027 to share your goals, budget and timing with the firm.
The Process
How I Help You Find Your Property
A clear, personal process from your first message to the purchase.
Tell me what you’re looking for
Send your criteria using the form below, on WhatsApp or in a scheduled call.
We discuss your budget, preferences and timeline
Including areas, lifestyle, how you plan to finance the purchase and whether you also need residency or banking support.
I help identify relevant property options
Options selected for your brief, with the information you need to compare them.
We organize viewings and discuss negotiation
In person, or by video where possible, followed by a clear view of price and terms.
We coordinate the purchase process
Including any independently engaged legal services, as appropriate.
Start Your Search
Tell Me About Your Ideal Property in Panama
Answer a few quick questions. Your answers become a WhatsApp message to Julio that you can review before sending.
- Takes only a moment
- Skip anything you’re not sure about yet
- Nothing is sent until you press send in WhatsApp
Prefer to talk first? Book a call with Julio, or email him directly.
Your property search
Your answers are only placed into a WhatsApp message on your device — this page doesn’t store them, and nothing is sent until you press send. Please don’t include passport, ID, bank or other financial account details.
Send My Property Requirements to JulioOpens WhatsApp with your answers pre-filled, addressed to +507 6400-9823.

About Julio
Meet Julio Enrique Díaz Escalante
Panamanian Attorney and Licensed Real Estate Broker PN-5940
Julio is a Panamanian attorney and a founding attorney at Díaz, Shacalo & Asociados, and he personally holds real estate broker license PN-5940. His legal practice covers immigration, corporate structuring, real estate transactions and relocation advisory for international clients.
That combination matters when you’re buying. When you view a property with Julio, you’re talking to someone who also understands what comes after you say yes — the contract, the title, the closing, the bank and, if you’re moving, your residency. Legal work, when you need it, is handled by the firm under its own separate engagement.
He works in English and Spanish from the firm’s office on Avenida Samuel Lewis in Obarrio, Panama City.
Thinking About Selling a Property in Panama?
If you own property in Panama and are considering a sale, you can contact Julio to discuss a separately agreed brokerage engagement — how the property could be presented, who it may appeal to and how the process would work.
FAQ
Frequently Asked Questions
Can a foreigner buy a home in Panama?
Yes. Panama’s Constitution generally allows foreign individuals and companies to own property, with important exceptions — for example, foreigners may not acquire land located within 10 kilometers of the country’s borders. Islands, beach areas and some coastal or rural land can involve concessions or rights of possession rather than full title, so each property’s legal status should be confirmed before you commit.
Do I have to be a Panama resident before buying?
No. Residency is not required to buy property in Panama. Some buyers purchase first and plan residency later; others coordinate both from the start. Keep in mind that owning property does not by itself grant residency.
Can Julio help me find an apartment or house?
Yes. Julio is a licensed real estate broker (PN-5940). He can help you define what you need, identify suitable areas and properties, coordinate viewings and support the negotiation. If our catalog doesn’t show what you’re looking for, you can still send him your criteria.
Can I buy a property through a Panama corporation?
Often, yes. Property can be held personally or through a Panamanian corporation or private interest foundation, and each option has different legal, tax, banking and estate-planning consequences. The right structure depends on your circumstances and should be analyzed before the purchase; Díaz, Shacalo & Asociados can advise on this under a separate legal engagement.
Can you help me with my residency application too?
Residency and immigration matters are legal services provided by Díaz, Shacalo & Asociados under a separate engagement. The firm can assess categories such as Pensionado, Friendly Nations or Qualified Investor. Approval is decided by Panama’s National Migration Service, and buying a property does not automatically qualify you for residency.
Can you assist with banking documentation?
Yes. The firm can explain what Panamanian banks typically request and help you prepare your documentation. Each bank applies its own compliance policies and makes its own decision, so account opening and mortgage approval cannot be guaranteed.
Can I begin searching before traveling to Panama?
Yes. Many buyers start with a WhatsApp conversation or a scheduled call. Julio can learn your budget and preferences, share relevant options and help you plan an efficient visit. Depending on the property and the transaction, some steps may require your presence in Panama or a properly granted power of attorney.
How do I arrange property viewings?
Send your criteria and the dates you’ll be available. Julio coordinates viewings with owners, developers or the brokers representing the property, subject to availability, and can arrange video walk-throughs where the property allows it.
Can Julio help sell my property?
Yes. Property owners can contact Julio to discuss a brokerage engagement. Terms are agreed privately and in writing for each property.
Are brokerage and legal representation separate services?
Yes. Julio’s brokerage services and the legal services of Díaz, Shacalo & Asociados are separate professional engagements. You don’t need to hire the firm to work with Julio as your broker, and engaging one service does not automatically create the other. Compensation and any potential conflicts are disclosed before engagement.
Real Estate and Legal Services — Separate Engagements
Julio’s licensed brokerage services and the legal services provided by Díaz, Shacalo & Asociados are distinct professional engagements. Applicable compensation, any third-party payments, representation arrangements and potential conflicts are evaluated and disclosed as appropriate before engagement. Where concurrent legal representation is inappropriate, independent legal advice may be necessary.
Talk to Julio
Start Your Property Search With a Conversation
Tell Julio what you’re looking for. Your message goes directly to his WhatsApp.

