Other Considerations
Return to Search Results View Previous PropertyView Next Property

PANAMA CITY -- THE CITYS MOST IN DEMAND LOCATION PLS READ BELOW [ SOLD ]

 Region: Panama City

 Price: EUR € 228 706

 Bedrooms: 2

 Property Type: Apartment

 Development State: Off Plan

 
Features: Garden, Pool, Parking, Terrace / Deck Amenities: Shops, Bars & Restaurants, 24 Hour security, Gymnasium, Sea View, By the Sea, Jaccuzi Description:
1, 2 and three bed apartments duplexes and triplexes starting from 194000 GBP

Panama offers property buyers excellent benefits and a growing market in which to invest. IPIN’s selection of Yoo Panama as one of the very best options in the City is based on the following key factors:


Located in a prime business district of Panama City
Avenida Balboa is famed as a spectacular strip that runs along the Panama Bay Pacific-side coastline-Panama City´s premier location
Designed by one of Panama’s celebrated architectural firms BT Arquitectos
Interior designed by the world-renowned firm, Yoo by Philippe Starck
The Investment
This project offers a mid to long-term investment:

High capital appreciation potential of around 20% for year 1
Low capital investment with positive cash flow

High rental projections: long term rentals estimated at 2,800 USD per month; short-term rentals estimates from 1,400 USD per week*

Local finance available - Mortgage repayments from 2,023 USD per month-70% repayment mortgage over 20 year term-interest rates at approximately 6.5% ( Scotia Bank Panama)

City centre investment
Government-backed tax incentives
Retirement haven - special retirement benefits

Mature and stable economy
* Based on similar completed 1 bed, fully furnished ocean facing apartments on the famed Avenida Balboa

The Exit Strategies
High Rental Potential
- Voted best retirement destination by the 'annual global retirement index', with the highest growing tourism economy in Latin America

Resale Potential
- As mentioned above, the increasing growth in tourism and retirement figures are set to provide a good resale market
- The developer will assist with the resale process

The Security
IPIN is pleased to confirm that this project has passed all necessary checks as part of its own and its legal partners’ due diligence process.

As the project complies with all legal requirements, IPIN has no hesitation in offering this project to its investor members.

Full planning and licences in place
Construction has commenced

The Developer
Habitats Realty is a leader in the national market, with more than 2000 residential units and more than 500,000 sq ft in commercial space in the metropolitan area.

Responsible for the development of approximately 16 residential towers, Habitats Realty have a strong background in delivering high quality constructions.

E-mail a friend
Bookmark