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Panama Property » For Sale » Panama » Panama City » Avenida Balboa » 2 Bed Individual Flat/Apartment

2 Bed Individual Flat/Apartment in Avenida Balboa


Location

Panama
Panama City
Avenida Balboa
Avenida Balboa

Price

£193,000

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Property ID: 472968




     
 

 Description

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, making it an ideal investment location Design by one of Panama’s celebrated architectural firms and interior designed by the world-renowned firm, Yoo by Philippe Starck, giving this project an edge over its competitors Exciting growth figures and investment period Government-backed tax incentives Retirement haven Mature and stable economy Potential Capital Appreciation per annum 20.00% Estimate from market research Potential Rental Income per annum 8.00% Conservative estimate Development Timetable Construction Start: 3rd Quarter 2007 Construction End: 2nd Quarter 2010 The Development This luxurious 58-storey designer tower will feature: Loft-style dwellings of one and two bedrooms, duplex and triplex apartments on the top floors with either ocean or city views All units and common areas will carry the Philippe Starck interior design The building will feature a communal rooftop garden with spectacular views of the city Sculpted garden areas throughout the building The Investment This project offers a mid to long-term investment: High capital appreciation potential of around 20% for year 1 Luxury development City centre investment High rental potential Exit Strategies Rental Return - high rental potential - voted best top retirement destination by the 'annual global retirement index', with the highest growing tourism economy in Latin America. Resale Potential - increasing growth in tourism and retirement figures are set to provide a good resale market. The developer will assist with the resale process. The Units One bedroom loft-style units from 127m2 to 133 m2 Two bedroom units from 163m2 to 165m2 Two bedroom duplexes of 260m2 The Facilities 300m2 designer swimming pool and wading pool 60m2 childrens swimming pool Poolside private day cabanas Juice bar Business centre Ocean-front day spa featuring treatment rooms, sauna and steam rooms 2 double height multi-purpose ballrooms 4 meeting rooms Lounge, featuring a pool table area and library Multi-level covered parking Full-time concierge staff Roof-top garden terrace Lushly landscaped 3-level slope garden with stunning bay views Laundry and dry cleaning service Mail and package reception Spectacular double-height, 2-level lobby including a drop-off plaza with valet parking Spa & Fitness Centre Ocean-front day spa with treatment rooms and wooden deck terraces "His and Hers" lounges and relaxation areas Whirlpool tubs Steam room and saunas Free weights and weight-training equipment State-of-the-art cardio equipment Yoga and pilates studio overlooking Panama Bay 2 professional squash courts

 
     
     
 

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