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EMBASSY VILLAGE- ALBROOK - APARTMENT - FOR SALE

PERMANENT RESIDENCE AND CITIZENSHIP IN PANAMA THROUGH REAL ESTATE INVESTMENT

Did you know that permanent residence in Panama through real estate investment is possible? Applicants must purchase real estate at a value of USD$ 300,000.00 or more (plus fees). The minimum amount will increase to USD$ 500,000.00 after October 16, 2022. The investor and his family can apply for citizenship after five years of permanent residence in Panama.

ITHLUX and our team of professionals offers you several real estate projects that qualify for the program, in addition to providing you with the complete package to support you and your family in this process (legal, immigration, tax/accounting, insurance, among others). Contact us! Take advantage of this opportunity and book your visit now or ask for additional information!


EMBASSY VILLAGE

It is a modern and unique residential complex with extraordinary features. It is located in the privileged area of Albrook, surrounded by nature, on the slopes of Cerro Corozal, a protected area of vegetation and animal life.

When you arrive you feel that you are not inside Panama City because of the quiet green and its European architecture.

The distribution of the residential, the green areas, the trees and palm trees, as well as its many amenities provide a very relaxed and communal atmosphere, almost as if you were on vacation but in your own residence.

Getting up with the singing of multiple species of birds every day, and being able to see many types of animals daily in their wild just a few meters away, is really a privilege.

You have access and proximity with:

The Northern Corridor
Shopping Centers: Albrook Mall, El Dorado, Albrook Plaza and Pan Canal Mall
The Headquarters of the Embassy of the United States
THE UN Regional Headquarters
The City of Knowledge
The Panama Canal and its viewpoint
Schools: Colegio las Esclavas, Isaac Rabin, Saint Mary's Balboa Academy, Instituto Atenea, Metropolitan, King's School, Colegio Javier
Natural Parks: Metropolitan Park, Camino de Cruces and Cerro Corozal
Summit Golf & Resort
Important Banks such as: Banco General, Scotiabank, Banistmo
Shops such as: Supermercado El Rey (24 hours), Farmacias Arrocha, Power Club, Deli Gourmet, Felipe Motta, among others.


DETAILS:

Área: 167 m2
Rooms: 3
Bathrooms: 2
Den or studio: 1
Service room and bathroom
Balcony: 3
Deposit: YES (only if sold)
Social Area: 4
Rental price: USD$ 1,900.00
Sale price: USD$ 405,000.00


Take advantage of this opportunity and book your visit now or request additional information!


Why live or invest in Panama?


1 - Stable economy with the US dollar as currency. Second largest economy in Central America and the fastest growing economy. Second most competitive economy in Latin America according to the World Economic Forum's Global Competitiveness Index.

2 - Strategic geographical location, privileged and free of natural disasters, located on the isthmus that connects North and South America, bordering Costa Rica, Colombia, the Caribbean and the Pacific Ocean, with a tropical climate throughout the year.

3 - International banking and financial center: strong banking system - in the last 20 years, mergers, transformations and incorporations of new banks have regulated and resized the sector. Panama is today one of the most important financial centers in Latin America and the world.

4 - The territorial tax system that exempts from taxes the income obtained outside the country, constitutes the main attraction for companies and individuals from all over the world to find a tax solution in the country.

5 - Political and legal stability. Panama's legal system was developed to encourage, support and protect foreign investment. The Constitution of Panama and the Foreign Investment Law grant the same rights and guarantees to foreigners in matters of property, investment and trade.

6 - Excellent quality of life and safety. It is among the cities in the world with the highest quality of life, as well as being one of the five best places to retire in the world.

7 - Medical services with high technology and international prestige, world-class communications infrastructure and excellent private schools.

8 - Panama is the Logistics Hub for Latin America and the Caribbean, by air, land and sea - World-class logistics platform, operating directly with 152 ports and 54 countries, being the gateway to Latin America.

9 - More than 5% of world trade transits through the Panama Canal, with 160 client countries and 144 maritime routes, obtaining a great profitability and attracting investors from all over the world, particularly from the real estate sector. GDP is expected to grow by nearly 20% as the Panama Canal expands and the consequent increase in traffic and new flows of ore, gold and copper, driving growing demand for real estate.

10 - Tocumen International Airport: It is the largest and busiest airport in Central America, with flights to 89 destinations.

11 - Stable Real Estate Business - Investing in dollar-listed real estate remains a safe investment bet. The real estate industry offers a wide range of projects with a price/ quality ratio well above average and with great growth prospects.

12 - Panama has a diversified plan of special visas that allows tax exemptions for foreigners who reside or invest in the country, among which the Friendly Countries Visa stands out, with privileged conditions of access to Panamanian residence and citizenship: South Africa, Germany, Andorra, Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, Costa Rica, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Greece, Hong Kong, Hungary, Ireland, Israel, Japan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, San Marino, Mexico, Monaco, Netherlands, New Zealand, Norway, Paraguay, Poland, Portugal, Serbia and Montenegro, Singapore, Slovakia, Spain, Sweden, Switzerland, Taiwan, United Kingdom, United States of America, Uruguay.

Property Features


  • Air conditioning
  • Suites: 3
  • Full Bathroom: 2
  • Playground: si
  • Gymnasium
  • Balcony: 3
  • Piscina: si
  • Children's park
  • Private condominium
  • Number of floors Building: 7
  • Total area: 167
  • Gross Dependent Area: 167
  • Rooms: 3
  • Double glasses
  • Security / Surveillance: Garita
  • Lift
  • Unobscured view
  • Countryside View
  • View: Al parque metropolitano
  • Central location
  • Parking space: 2
  • Unfurnished

Location


Distrito de Panamá - EMBASSY VILLAGE - Albrook - Panama

Sale price 405 000 $

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Ref: ITH1189

  • 3
  • 2
  • 167 m2
  • 167 m2
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Ref: ITH1189
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