Complaints from homebuyers top the statistics of the consumer protection agency in Panama

The Autoridad de Protección al Consumidor y Defensa de la Competencia (Acodeco) in Panama has reported that complaints from homebuyers currently lead their consumer protection statistics. In the current year, the agency has recorded 247 real estate-related cases, representing a total financial value of $10,611,974.26.

According to the data, the primary driver for these formal grievances is the request for monetary refunds. This trend highlights a significant volume of disputes within the Panamanian housing market, signaling ongoing challenges for consumers navigating property transactions.