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Yoo Panama - Luxury Living On The Waterfront Of Panama City

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Old 19-06-2008, 01:22 AM
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Question Yoo Panama - Luxury Living On The Waterfront Of Panama City

Panama offers property buyers excellent benefits and a growing market in which to invest.

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


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

1 bedroom Apartments from 387,750.00 USD
2 bedroom Apartments from 627,000.00 USD
1 bedroom Duplexes from 709,500.00 USD
2 bedroom Duplexes from 1,001,000.00 USD
3 bedroom Triplex from 1,540,000.00 USD

For more information, Payment options check website.

__________________
Elizabeth George, TRC
www.investandmultiply.com
member of ICREA, NAR, TAR, SABOR
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