PREIC Benefits for Owners

Greater exposure of your property in the market: PREIC is based on the collaboration of all real estate professionals to sell or rent a property. These real estate professionals include the more than 5,000 licensed real estate agents in the country as well as the more than 1,250 licensed companies. Therefore when you deliver your property to PREIC you will be assured that the information will be shared and you will have the entire real estate community working to get you a buyer or tenant, generating greater exposure in the market.

Representation of a PREIC executive and guarantee of professional management: Working with PREIC allows you to have a dedicated Executive that represents and acts on your behalf during the entire process that involves the sale or rental of your property. You only make the deal with a PREIC executive but you have an entire market working for you.

Reports and statistics: PREIC generates different reports and statistics that facilitate the determination of the price of a property in addition to our internal valuations. These reports will allow you to identify and evaluate market trends, which will help you in making decisions.

Database of reliable sales prices and market transparency: PREIC generates a database of sale prices of the properties, this serves to evaluate the price that the market is willing to pay for a property with similar characteristics, providing transparency and dynamism to the market. You will be sure that the sale price assigned to your property corresponds to the real value that the market is willing to pay for a similar property.

 

PREIC Benefits for Buyers

Consolidation of information: Buyers (customers) will be able to access a reliable and secure source of information that is backed by the market. PREIC consolidates a good local real estate offer. Furthermore, PREIC will be able to search for properties according to the particular requirements to avoid wasting your time, and they will be able to work with their PREIC Executive who has the guarantee and security of our group.

The best real estate inventory at your service: PREIC guarantees you access to the best real estate offer in Panama since it consolidates all the active properties in its internal database. Whether you are wanting to buy or rent a property, with PREIC you will have access to a wide variety of properties with the best information in the market, making it easier for you to search for the ideal property.

Representation of a PREIC executive and guarantee of professional management: Buying or renting a property is a long and complicated process in which time is invested and it involves different people. Do not invest more time and money in the search for the dream property, contact one of our PREIC Executives, who will be your Executive acting on your behalf throughout the purchase or rental process. You will not have to be working with different people, but everything will be channeled through a single Executive, who is a trained and accredited professional by PREIC and who will act in your favor.

Transparency and Market Security: PREIC has a property sales price history database so that the buyer can determine the price that the market is willing to pay for a certain property. This provides dynamism and transparency to the market.

Arturo Enrique Miranda Castillo, Identity Number 8-770-274, Licensed Lawyer No. 13755 issued by the General Business Chamber of the Supreme Court of Justice of Panama, has a natural person registration No. 0314 as AUTHORIZED LOCAL CUSTODIAN… according to Agreement No. 1048 of November 24, 2015 issued by the General Business Chamber of the Supreme Court of Justice of Panama, Judicial Branch of the Republic of Panama, in accordance with Law 47 of August 6, 2013, modified by Law 18 of 23 of April 2015.

Arturo Enrique Miranda Castillo, has registration No. 1391 to exercise Conciliation and Mediation, issued by the Office of Alternative Resolution of Conflicts, of the Ministry of Government of the Republic of Panama, fulfilling all the requirements of Law 16 of June 17, 2016. He satisfactorily culminated the Mediation and/or Conciliation Training Program, pursuant to Executive Decree No. 777 of December 21, 2007, granted by the Conciliation and Arbitration Center of Panama (CeCAP).

Arturo Enrique Miranda Castillo, has in his personal capacity an Investment Banking resolution No. 574245845 issued by the General Directorate of Domestic Trade of the Ministry of Commerce and Industry of the Republic of Panama. It includes other activities auxiliary to financial services, investment advisor (real estate) and commission agent services. His services do not include the offering of public securities and/or advice on listed securities and/or brokerage or sale of securities, instruments and/or quoted financial contracts or other similar ones.

Arturo Enrique Miranda Castillo, has in his personal capacity his Financial Advisor resolution No. 107709 issued by the General Directorate of Domestic Trade of the Ministry of Commerce and Industry of the Republic of Panama. It includes the activities of administration of financial markets, other activities auxiliary to financial services activities, fund management activities, advisory services, consultancies and project designs, and investment advisor (real estate).

Arturo Enrique Miranda Castillo, has in his personal capacity his Appraisal resolution No. 611253 issued by the General Directorate of Domestic Trade of the Ministry of Commerce and Industry of the Republic of Panama. It includes the activities of appraiser of movable and immovable property.

GRUPO PREIC CORP. with registration certificate no. 253770, through resolution 1413, issued by the General Directorate of the Registry of Industrial Property of the Ministry of Commerce and Industry, possesses the exclusive use of the trademark registration of GRUPO PREIC CORP. and design, according to Article 94 of Law No. 35 of May 10, 1996.

GRUPO PREIC CORP. includes 7% of ITBMS (Transfer Tax on Movable Property and Services) on all commissions for services rendered, as established by Law 8 of March 15, 2010 and Law 61 of December 26, 2002.

GRUPO PREIC CORP. is Real Estate Brokerage, Financial Consulting & Advisory, Engineering and Architecture group of companies and affiliates registered, regulated and supervised by Intendence of Supervision and Regulation of NFSs, ascribed to the Ministry of Economy and Finance.

The assets or listings are obtained through external suppliers or third-party natural and/or legal persons. This website is owned by GRUPO PREIC CORP. and is for informational and illustrative use only and for advertising purposes. GRUPO PREIC CORP. is not responsible or guarantees the results obtained through the use of this page by its Users and any electronic communication derived from it..

Any of the assets or listings are from external suppliers or from third-party natural and/or legal persons and should not be interpreted as investment or tax advice, nor as a recommendation to buy, sell or hold any particular asset or listing and consequently neither GRUPO PREIC CORP. nor its subsidiaries, affiliates, associated or related entities, nor their respective shareholders, directors, officers, representatives, attorneys, administrators, executives, advisors, agents or employees guarantee or assure satisfactory results and, consequently, the activities that are made by the Users are for their own account and at their own risk. The Users accept and acknowledge that they have knowledge of the information and risks of the transaction they are carrying out, for which reason they expressly exonerate GRUPO PREIC CORP. from any losses incurred in said transaction. Additionally, GRUPO PREIC CORP. declares that such transactions are carried out under the principles of impartiality, good faith, transparency, on the basis that the User assumes the risk and putting the interests of the User before those of GRUPO PREIC CORP.