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THE RESIDENCES - PUNTA PACIFICA - 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 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!


THE TRUE VALUE OF LIVING IN FRONT OF THE SEA!


The Residences is the new and most elegant beachfront condo icon, conceived in Panama City, with an exclusive selection of condos available for those privileged who enjoy and demand the best of the best.


Punta Pacifica is a neighborhood known for its residential sector in the center of the city with great real estate development. It is one of the newest and most expensive major neighborhoods in the city, packed with luxury real estate with stunning views of the Pacific Ocean.


It has the most advanced hospital in the country (the only hospital in Central America in collaboration with Johns Hopkins Medicine International), as well as excellent private schools, many shops, supermarkets and restaurants.


The residences have exclusive finishes and first class distributions. All apartments have entrance hall, living room, dining room, closet for storage and hand washing area adjacent to the dining room, terrace with sea view, large bedrooms with walk-in closest, kitchen with breakfast area and laundry area and utility room.


POINTS OF INTEREST:


- Corredor Sur, Torres de las Américas, Super 99, Pacifica Salud, Paitilla Hospital, Multiplaza, Pacific Center.
 

THE BUILDINGS:

- 3 towers of 7 floors
- Independent lobby per tower
- 3 elevators
- Levels from 100 to 500
- 4 parking spaces per apartment


APARTMENTS:

- Apartment of 602 m2 & 767 m2
- Balcony with sea view
- 4 bedrooms
- Walking Closet
- Elegant bathroom
- Independent breakfast room
- 1 room and bathroom of service


AMENITIES:

- Social area on the ground floor that combines terrace and pool with water mirrors for sunbathing
- Gazebos and gardening
- Imposing Sea view
- Fully equipped gym
- Special room for events
- Basement area with parking
- Option to parking and additional deposits for sale
- 25 parking lots for visitors
- Concierge Service


PRICES:

- APARTMENTS 602 m2 - USD$ 1,899,701.00
- APARTMENTS 767 m2 - USD$ 2,226,794.00


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.

Property Features


  • Central Heating
  • Air conditioning
  • Under floor heating
  • Suites: 2
  • Social bathroom: 1
  • Equipped kitchen
  • Gymnasium
  • Indoor terrace
  • Terrace: si
  • Garden: si
  • Balcony: si
  • Piscina: si
  • Garage box: si
  • Private condominium
  • Number of floors Building: 7
  • Total area: 602
  • Gross Dependent Area: 602
  • Rooms: 4
  • Double glasses
  • Security alarm
  • Security / Surveillance: si
  • Lift
  • Sea view
  • Walking distance to beach
  • Central location
  • Parking space: si

Location


Distrito de Panamá - THE RESIDENCES - Punta Pacífica - Panama

Sale price 1 899 700 $

Currency converter

Ref: ITH1176

  • 4
  • 4
  • 602 m2
  • 602 m2
  • 602 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: ITH1176

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