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BICSA TOWER - AVENIDA BALBOA - COMMERCIAL OFFICES - SALE / RENT

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 valued at 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 family can apply for citizenship after five years of permanent residence in Panama.

ITHLUX and our team of professionals offers several real estate projects that qualify for the program, in addition to provide 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 request additional information!


BICSA TOWER

Amazing opportunity to buy or rent commercial offices on Avenida Balboa, in the heart of Panama City!


The BICSA Tower has a privileged location, at the intersection of Ave. Balboa and Calle Aquilino de La Guardia. All offices with sea view!


THE TOWER:

• Offices from 108m2
• Eight high-speed elevators for the exclusive use of the offices
• Elevators with stops on the hotel's amenity floors (restaurant, gym, beauty salon and spa) for easy access from the tower.
• More than a thousand exclusive parking lots for office owners
• 350 parking lots for visitors
• Access controls for entrance to the different points of the office tower, as well as a security checkpoint and security post in the lobby
• Fire sprinkler system, in common areas
• Security systems
• Forecast for fiber optic system
• Internet
• Pressurized stairs
• Total power plant
• Two restaurants and a café, located in the hotel
• Office Lobby completely independent of the hotel lobby
• Majestic Main Lobby
• Fine and modern design of granite finishes in all office lobbies and a majestic main lobby with fine Italian finishes.
• Air conditioning system with cooling towers and demand controls, which reduces energy consumption. Only the water required by the total consumption of the tower (DDC System) is cooled.
• Hydronic system (or cold water) for the cooling of offices this represents as an advantage the low water consumption because it is a closed circuit; In addition to uniformly concentrating the temperature which reduces energy costs, it does not produce noise or bacteria to the system.
• The entire tower has on its facades reflective laminated glass systems which reduce the entry of radiant solar energy and noise. In addition to the significant reduction of harmful ultraviolet radiation or UV rays that are responsible for the deterioration of furniture and carpets among others.
• Water reserve for a minimum of eighteen hours with total demand from the building


PRICES:

SALE - From USD$ 335,100.00
• Delivered raw
• Additional parking at USD$30,000.00, Doubles at USD$40,000.00
• Includes assigned parking spaces
• Can be rented in addition to USD$250 per month.

RENT - From USD$ 2,300.00
• Delivered with finishes, ready to occupy
• Include assigned parking spaces
• Can be rented in addition to USD$250 per month


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 pre-installation
  • Under floor heating
  • Gymnasium
  • Private condominium
  • Total area: 108
  • Gross Dependent Area: 108
  • Basement: SI
  • Double glasses
  • Security alarm
  • Security / Surveillance: 24/7
  • Lift
  • Sea view
  • Central location
  • Parking space: SI

Location


Distrito de Panamá - BICSA - Avenida Balboa - Panama

Sale price 335 100 $ Rental price 2 300 $ /Month

Currency converter

Ref: ITH1226

  • 108 m2
  • 108 m2
  • 108 m2
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António Almeida

António Almeida

Mobile: +507 6030-9225

Email: antonio.almeida@ithlux.com

Know more
António Almeida

António Almeida

Mobile: +507 6030-9225

Email: antonio.almeida@ithlux.com

Know more

Enquire


Ref: ITH1226
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