Full Description

MODERN LIVING IN THE RAINFOREST.

Custom built just one year ago, this beautiful 3-level home with fantastic architecture is adjacent to the neighborhood's exclusive park and boasts a spacious living/dining room with lovely balcony, an open island kitchen with breakfast room and den, a quiet study with charming rear terrace, large master bedroom suite with yet another private balcony, jacuzzi tub, separate shower, double sinks and large walk-in closet, two additional bedrooms each with it's own full bathroom, a linen room, laundry room, storage room, and maids-quarters. The home also features organizers in each closet, car port, electric door and gate openers, security system, central air conditioning, etc. All of this is nestled into a lovely lot with mature trees, exceptional tropical plants and palms.

Cardenas Village is a secluded quiet neighborhood with guard house near the Panama Canal located in the refurbished area between Albrook and Clayton, separated from the main highway by a fantastic winding road which cuts through the rainforest. The neighborhood offers 24/7 security, public tennis courts, soccer field, hiking trails, basketball court, and a nearby pool. Just a few minutes from shopping, supermarkets, pharmacies, schools, and all the amentities you might need, this area was once reserved for US military officers and retains the surroundings with fauna and flora typical of the rainforest.

Key selling points and investment justifications

• Halfway between Panama Canal rainforest preserve and urban Panama City
• High resale value and demand due to low density of single-home units
• Investor-friendly landholding corporation regime and 15-year property tax regime
• 5 minute drive from commuter airport and Panama's largest shopping mall
• New constuction
• The home just received its 20-year property tax exemption (savings of approx $12000 annually)
• Financing up to 70% possible

Cardenas
Panama, All Regions, Balboa

Chalets / Villas / Estates 428m2 to 428m2 - 495000 to 495000 euros
CLASSIC PROPERTY
EXPECTED RENTAL INCOME UP TO 9.0%