Colores de Bella Vista, Panama City, Panama

Colores de Bella Vista is a low entry level investment in a prime location of Panama City, away from over-constructed districts which harm rental yields and resale demand, yet in an area which commands a strong rental market with yields of up to 15%.

Despite much of the world being in recession Panama is still experiencing a huge demand for property. Connecting South America to North America it will always be a strategic country for business.

• Colores de Bella Vista comprises of residential and commercial units. This allows investors to own a commercial or residential property. It’s also excellent for renting as tenants working in Colores de Bella Vista might want to live there and vice versa
• 70% mortgages available
• 15-20% annual capital appreciation expected
• Attractive payment terms
• Freehold property
• Realistic yield forecasts between 12% and 15%
• 25% capital appreciation expected upon completion. This is because the developer will increase the purchase price by 5% every 60 units sold
• The apartments are very competitively priced and are being purchased by locals. It is very important that there is a local re-sale market. This is reflected in the fact that 70 units have already been sold

Bella Vista is at the heart of the capital of Panama, with an impressive view to the Balboa Avenue, just in front of Park Urraca. In this privileged location Colores de Bella Vista is emerging as the perfect ambience for success and glamorous business and living.

The project is a 35 storey tower, designed by the world famous architect Ignacio Mallol. It has a lounge cafeteria, 24 hour security, roof top swimming pool, four high speed elevators, more than 300 parking spaces and a business centre. Fifteen of the floors are for offices, the remaining units are apartments.

The building is equipped with state of the art technology, a complete gym and social area. The finishes are granite and imported ceramic tiles. The floor is marble in the terraces.

The apartments start with studios of 45 square meters and go up to units of 405 square metres.

Development Features:

• Country: Panama
• Location: Panama City
• Type: Apartments & Office units
• Price: From just $97,800
• Units: 300 units in total

$3,000 refundable deposit
25% upon signing of purchase contract
5% prior to completion in 2011

Balance upon completion: Expected to be first quarter of 2011.

70% mortgage finance is available from world renowned banks. Contact us for further details.

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Colores de Bella Vista - Location

Site Photographs

Construction Progress

About the developer

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Images of Colores de Bella Vista

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