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Hot Property- Limited Availability

Panama Gatun

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Panama Gatun

Panama Gatun 1

Why Invest?

  • Only 30% deposit required
  • 70% mortgages available
  • Fully furnished turn key property
  • Expected yields of 15%
  • No property tax for 20 years
  • $1000 price increase every month until completion

The Development

Panama Gatun is located in the area of Espinar Colon, only 5 miles from the GatĂșn Locks on the Atlantic side. The hotel/condo is a brand new building within a prime location in the Old Fort Gullick or Escuela de Las Americas, an American Military Base.

It is 10 minutes from Zona Libre Colon, the 2nd largest free zone area in the World, which has estimated sales of 11 billion dollars a year and attracts over 275,000 visitor/buyers. The hotel/condo is also only 10 minutes from the Port of Cristobal and Colon 2000 which received more than 340,000 tourists last year which is expected to increase even more when the final approval to make Panama a home port for major cruise lines goes through.

The potential of this investment property is huge as the expansion of the Panama Canal was approved at the end of October 2006. Panama Gatun is only 5 miles from the GatĂșn Locks on the Atlantic side and when the 3rd set of locks begins construction, the Panamanian Government is expecting more than 8,000 off-shore personnel to arrive in this area for a period of seven to eight years. This will benefit investors with assured monthly and yearly rentals to engineers and supervisors that need accommodations from the trans-national companies.

Payment plan

-$1000 reservation fee, 30 day money back guarantee
-30% down payment within 30 days
-Balance on completion with local bank

Other Costs

The maintenance fee will be $2 per sqm each month and this will be used to replace furniture, fixtures and equipment in your unit as and when needed. This will also take care of your cleaning fee. The Hotel will charge a 30% fee for managing your property.

Investing in Panama

Panama is fast becoming one of the World’s top ranked real estate investment destinations, due to its low cost of living, superb climate and incredible tax incentives it offers. It is politically and economically stable and the famous canal is being extended and that alone will bring an additional 40,000 jobs to Panama City and generate massive revenue for the country.

Both the residential property market and the holiday market are booming, with capital appreciation of 20% upwards per annum. Hotel rooms are virtually full booked constantly in Panama that is why the condo hotel investment is hugely profitable in terms of revenue and capital appreciation

Development Features:

  • Country: Panama
  • Location: Espinar Colon
  • Type: Apart-Hotel Development
  • Price: $65,000 to $102,500
Site images:

Panama Gatun 2

Panama Gatun 3

Panama Gatun 4

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