Patricia Villanueva


López, Villanueva & Heurtematte – LOVILL LATAMLEX
Ocean Business Plaza Building, Suite 2301,
Avenida Aquilino de la Guardia,
Panama, Republic of Panama

Tel: +507 215-3215
Fax: +507 215-3215


Patricia is founding partner of López, Villanueva & Heurtematte – Lovill LatamLex, where she heads the Real Estate Law Department and provides legal advice to local and international companies currently developing real estate projects in Panama.

Patricia has a Masters in Business Administration (MBA) from The University of Louisville, a Juris Doctor degree from the School of Law, Loyola University New Orleans and a Bachelor of Arts (Political Science) from Loyola University New Orleans. She is also a licensed real estate broker and a licensed translator (English/Spanish)
She was named Outstanding Practitioner in the areas of Real Estate and Corporate Law by Chambers & Partners Latin America in 2011, 2012, 2013, 2014 and 2015.

The Real Estate Law practice team understands the rate in which real estate businesses move, and therefore, all team members are committed to developing pragmatic strategies as well as immediate and accurate solutions for its clients.

LOVILL- LATAMLEX services in this practice area include:

  • Counseling in urban and rural construction development
  • Condominium by-laws, co-ownership and horizontal property
  • Special expertise on land titling
  • Advice on development of protected historic sites
  • Real estate due diligence
  • Advice on tourism projects and related incentive laws
  • Obtaining construction permits and environmental impact studies
  • Tax structuring and legal advice for construction projects

Draft and review sale purchase and lease agreement

  • Real estate trust (though LOVILL TRUST)

In November 2014 six leading Central American Law firms joined to create LatamLex Abogados, a new regional firm with seven offices and over 100 lawyers that provide comprehensive legal service throughout the Central American Region, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panamá.

The law firms that constitute LatamLex Abogados are:

  • Costa Rica – Gómez y Galindo Abogados y Notarios
  • El Salvador – Guandique Segovia Quintanilla
  • Guatemala – Arenales & Skinner-Klée
  • Honduras – Matamoros Batson y Asociados
  • Nicaragua – Latamlex Nicaragua
  • Panamá – Lopez, Villanueva & Heurtematte

LatamLex Abogados offers local, regional and international investors the aggregate expertise of six distinguished firms which, in addition to outstanding reputations and track records, share strong areas of expertise in the areas of real estate, corporate/M&A, banking and finance, and dispute resolution, as well as a strong commitment to the delivery of client service that excels in terms of responsiveness, effectiveness and transparency.

LOVILL- LATAMLEX ´s trademark is its commitment to meeting each client´s needs with comprehensive, accessible, cost- effective and personalized services. The firm offers integral solutions, a one- stop shop, for all its clients´ needs in Panama.

With two separate business units, LOVILL ASSETS AND LOVILL TRUST, LOVILL – LATAMLEX introduces more service offerings to its clients.

LOVILL ASSETS offers estate planning, liaison with financial institutions, escrow services, and secretarial services, among others.

LOVILL TRUST offers the creation and administration of trusts. LOVILL TRUST is regulated by the Superintendence of Banks of Panama and its team includes attorneys and accountants certified by the Society of Trusts and Estate Practitioners (STEP) and its internal policies comply with the Foreign Account Tax Compliance Act (FATCA) requirements, having an assigned Global Intermediary Identification Number (GIIN).

All of the law firms that form LatamLex have been recognized by international publications such as Chambers & Partners, Legal 500, Latin Lawyer and the International Finance Law Review (IFLR), among others.

“Department head Patricia Villanueva Martinelli “has extensive knowledge of real estate law in Panama. She is always available when we need her and has the means and team to resolve any type of query we have,” say sources.”
Chambers Global, 2015