TERRAZAS DE ALBROOK - ALBROOK - COMMERCIAL

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!


TERRAZAS DE ALBROOK - CORPORATE AND COMMERCIAL PROJECT


Close to you, close to everyone!

Terrazas de Albrook is a modern shopping plaza of five levels made up of spaces for premises and offices for rent or sale.

Located in Albrook in front of Omar Torrijos Herrera Avenue and very close to the Marcos A. Gelabert Airport and the port areas, with quick access to the city center and other important points.


THE PROJECT:

• Perimeter vehicular circulation on the first three levels
• 863 parking lots (front and rear)
• Three elevators and five stairs
• Power plant in common areas and water reserve tank
• Communal gas for restaurants


OFFICES:

• 186 spaces divided into commercial premises and offices
• From 97m² to 229m² with the possibility of joining them
• 1/2 bathroom and air conditioning room
• Free height from floor to ceiling 3.45 meters
• Facade of the premises from 7.50 meters to 13.10 meters
• 3 elevators and 5 stairs
• 24 hour security
• Maintenance $2.50 x m²


PRICES:

• From 97.20 m² to 229 m²
• SALE: From USD $243,000.00
• RENT: From USD $1,555.00


Contact us! Take advantage of this opportunity and book your visit now or ask for 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.