LUXURIOUS APARTMENT IN COCO DEL MAR!! PH VITA - FOR SALE - BRAND NEW!

LUXURIOUS APARTMENT IN COCO DEL MAR!! PH VITA - FOR SALE - BRAND NEW!

Did you know that permanent residence in Panama is possible through real estate investment? See below how with ITHLUX!


VITA

PERFECT SPACE!

Vita mixes wide spaces, design and location. With only two residences per level, it is the perfect choice for those who demand exclusivity.

VITA is designed with the luxury and comfort of its residents in mind. Of an elegant aesthetic, its tower offers two apartments per floor only, guaranteeing a comfortable space for each owner.
Its apartments are ideal for couples, small families or people looking for simple luxury in their private spaces, accompanied by amenities that are the perfect complement to a relaxed life. In addition, VITA is unique in its category thanks to the fact that it offers accessible footage, two elements that are not usually found together in premium residential projects.

Located in Coco del Mar, one of the most sought-after areas of Panama City, it will be a unique residence for an exclusive and relaxed lifestyle. Coco del Mar is one of the most attractive neighborhoods in the city: it is facing the sea, it is easily accessible and its density is low. On its periphery is the South Corridor, which leads in a few minutes to Costa del Este, tocumen Airport or the city center and the Cinta Costera, depending on the address. The most luxurious and complete shopping center in the country, Multiplaza Pacific Mall, is located nearby and serves as a strategic stop thanks to its supermarkets, banks, shops and entertainment options.

For families with children there are schools and nurseries in nearby areas such as San Francisco. And Omar Recreation Park, one of the city's eco-friendly gems for exercising or relaxing alone or with your kids, is within walking distance of your vita apartment.

THE BUILDING

Considered a modern apartment tower designed with great attention to detail, VITA combines luxury, comfort and the basics for a perfect residential space.

• 33-story building with only 54 units, a pleasant density that exceeds the standard
• 27 apartment floors and two units per level only
• Two accessible footage options: 140m2 and 164m2
• 1-2-3 bedroom options
• Elegant height of 2.65m from floor to ceiling, which offers lighting, beautiful views and spaciousness to the space
• 2 social areas, on the 6th Floor and on the roof, to live and share at ease
• 2 high-speed elevators
• Private parking and for visits
• Water reserve tank and total power plant
• 24-hour security equipment every day

The finishes are the detail where the sophistication and style of VITA come to light:

• Marble floors in the dining room, a welcome luxury
• Imported European porcelain in all bedrooms
• Italian kitchen with stone envelopes. Cooking has never been so charming
• Imported taps of great quality
• Melamine MDF closets in wood color, a material as resistant as aesthetic

THE APARTMENTS:

Its options allow the project to maintain a standard of space and comfort that benefits all its residents. The views are also another big draw: some apartments offer to look out over the huge Pacific Ocean, while others focus on the city's skyline and the greenery of Omar Park. The choice is yours.

140m2

• View of Omar Park and the city landscape
• 1-2-3 Bedrooms
• 2 Bathrooms
• Comfortable balcony
• Marble floors in living and dining area
• Open kitchen with stone envelopes
• Imported taps
• Laundry area
• Service room and bathroom
• 2 adjoining parking lots

164m2

• Charming sea view
• 2-3 Bedrooms
• 2.5 Bathrooms
• Comfortable balcony
• Marble floors in living and dining area
• Closed kitchen with stone envelopes
• Imported taps
• Laundry area
• Service room and bathroom
• 2 adjoining parking

AMENITIES:

• 2 levels of social area, the main one on the 6th Floor and another on the roof with covered and outdoor spaces
• 3 swimming pools: one for children, one for adults and a jacuzzi
• Baby room, a very useful space for new families
• Video game room for children to play in a group inside the property
• Event room for family activities or among the community of neighbors
• Area for barbecues and barbecues for good times on weekends
• Sky gym to keep you in shape while you enjoy a breathtaking view
• A lounge-style terrace to relax, chat and share
• Indoor lounge with pool table

PRICES:

- 140m2 - USD$ 395,000.00
- 164m2 - From USD$ 449,000.00

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


PERMANENT RESIDENCE AND CITIZENSHIP IN PANAMA THROUGH REAL ESTATE INVESTMENT

Did you know that permanent residence 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 dollars (until October 2024), or US$500,000 dollars later, free of liens.
- Pre-sale real estate projects: sign a sales contract 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). Ask 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.