OCEAN FRONT - PUNTA PAITILLA - APARTMENTS / PENTHOUSE - FOR SALE

PERMANENT RESIDENCE AND CITIZENSHIP IN PANAMA THROUGH REAL ESTATE INVESTMENT

Did you know that permanent residency in Panama through real estate investment is possible?

Executive Decree 722 of October 15, 2020, created a new category of permanent residence for economic reasons. Through this program, the applicant can become a permanent resident by making a qualified investment in Panama, including the following options:

- Real estate: Invest US$300,000 (until October 2024), or US$500,000 later, free of liens.
- Real estate projects in presale: sign a contract of sale for the sum of US $ 500,000 or more, free of encumbrances.

ITHLUX and our team of professionals offer 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 this opportunity and book your visit now or ask for additional information!

OCEAN FRONT

DISCOVER YOUR NEW LIFESTYLE

This imposing and luxurious building has a privileged location in Punta Paitilla, with spectacular views of the sea and the city.

In Ocean Front you will have an unparalleled lifestyle, with more than 2,000 m2 of social areas, close to everything and with a variety of activities to do without leaving your home.

POINTS OF INTEREST:

- Paitilla Hospital, Punta Pacifica Hospital
- Soho Mall, Multicentro, Multiplaza
- Pharmacies
- Coastal Ribbon
- Supermarkets
- Banking Area

APARTMENTS:

- 320 m2 and 420 m2
- 3 and 4 bedrooms
- 3 and 4 bathrooms
- 2 and 3 car parks
- Floor-to-ceiling windows
- Balcony
- Kitchen
- Service room and bathroom
- Laundry
- Imported marble floors
- Multi-point security gateway
- Imported taps and sanitary ware
- Kitchen furniture and closets in contemporary designs
- Tempered glass bathroom doors

PENTHOUSES:

- Of 565 m2, 588 m2 and 610 m2
- 5 bedrooms
- 5.5 Bathrooms
- 4 car parks
- Floor-to-ceiling windows
- Balcony
- Kitchen
- Service room and bathroom
- Laundry
- Imported marble floors
- Multi-point security gateway
- Imported taps and sanitary ware
- Kitchen furniture and closets in contemporary designs
- Tempered glass bathroom doors

AMENITIES:

- Lobby
- Rooftop
- Chef's Kitchen
- Swimming pool
- Deck
- Wellness & Fitness Center
- Kids Zone
- Games Room
- Terrace

PRICES:

- APARTMENTS 320 m2 - From USD$ 913,400.00
- APARTMENTS 420 m2 - From USD$ 1,149,750.00
- PENTHOUSES - From USD$ 1,532,600.00

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 Global Competitiveness Index of the World Economic Forum.

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 additions 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 - The Panama Canal transits more than 5% of world trade, with 160 client countries and 144 maritime routes, obtaining 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 the 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 real estate quoted in dollars remains a safe investment bet. The real estate industry offers a wide range of projects with a price / quality ratio well above the average and with great growth prospects.

12 - Panama has a diversified plan of special visas that allows tax exemptions for foreigners residing or investing 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.