PANAMA

Marina Terrace Project

3 Bedroom, 3 Bath end unit including maid quarters

  • Modern loft with ocean view from balconies

  • Overlooks marina, park, and downtown Panama City

  • Garage security door with 2 private parking spaces

  • Granite countertops in the kitchen with Italian sinks, tile floors, cherry cabinets

  • Emergency power station for the entire building

  • 24 hour security guards

  • Perfect location in between Hotel InterContinental and the soon-to-be Nikki Beach!


 

Complex Amenities:

  • Swimming Pool, Children’s Swimming Pool, Massage Spa, Gym, Sauna, and Event Ready rooms


 

Room Renderings
 

  


 

Views from Condo

 


 

Condo purchased 2 years ago at pre-construction price of $139,000 and $29,000 has already been paid to date. Closing to take place in December 2008 and $110,000 is owed on the property. Based on current comps in the surrounding area, condo is worth between $260,000 to $280,000.

 

Local Comps in Panama City, Panama – Only waterfront properties


 

Property

Bedrooms

Baths

Size

Price

Price per square foot

Amenities

Maid Quarters

Key Features

 

 

 

 

 

 

 

 

 

Bella Vista

1

2

1377 sq. ft.

340,000

247 sq. ft.

Pool/putting greens/Gym

yes

Granite/washer/dryer

Vista Del Mar

1

2

1216 sq. ft.

273,360

224 sq. ft.

Rooftop bar/pool/health club

yes

Granite, tile floors

Grand Bay Tower

1

1.5

1485 sq. ft.

359,133

241 sq. ft.

Glass walls/ rooftop pool / gym

yes

Granite, tile floors

Element Boutique

2

2

1104 sq. ft.

310,500

281 sq. ft.

pool/yoga garden/gym/squash

yes

oceanfront terrace w/jacuzzi

Oceanfront Skyrise and Yacht Club

2

2

1614 sq. ft.

532,500

329 sq. ft

infinity pool/spa/yoga/access to yacht/kids playground

yes

Oceanfront terrace, access to yacht w/captain, granite, marble

Marina Terrace

3

3

1470 sq. ft.

139,000

94 sq. ft.

pool/fitness center/spa w/sauna

yes

2 terraces, events ballroom, granite, tile floors

 

El Alcazar de Coronado

    1. Price Starting at $460

    2. Bedrooms 2

    3. Bathrooms 2

    4. Maids Quarters no

    5. Size 1715sqft-2853sqft

    6. Built : 2008

Super for retirement living, this project is an exclusive private community of only 65 residences that are close to the beach and built in the center of a Tom Fazio golf course. As an added bonus, Panama City is less than an hour away!

The Orchid

    1. Price $232,00

    2. Bedrooms 1

    3. Bathrooms 1

    4. Maids Quarters no

    5. Size 64m2

    6. Built : 2010

Income Generating Condo-Hotel in the heart of Panama City, where the occupancy rates are off the chart! This luxurious hotel offers 24hr Concierge and Valet parking, a 2 story Business Complex, Fusion Style Restaurant, Spa, Health Bar and World class Fitness center. Each residence will be fully furnished and feature a king-sized bed, hydro-massage shower, fully equipped European designed kitchen, living room, executive desks, HS internet, and Flat Screen Cable TVs. Owners

Sunset Point a canal based subdivision in Bocas Del Toro

Lots from $125K to $659K

A truly stunningly beautiful project on Isla Colon, only 20 miles from the Costa Rican border & with daily scheduled flight access (only 50 minutes from Panama City). Located on a 200 acre fully titled pennisula surrounded by the Caribbean alongside the best coral reef on the entire island. Sunset Point is on the main island only 10 minutes from all the bars, shops, restaurants, hotels and nightlife, but far enough away from all that you feel like it’s your own private island. There are over 2 miles of wide canals which enable each waterfront home to have its very own private boat berth. To remain exclusive it is limited to only 108 extra large home sites and only 66 luxury apartments. And with over 30% of the project remaining as lush tropical green area where monkeys, parrots and sloth's still live, the wildlife will continue to share a home with us amongst the exotic flora and fauna. All the amenities of a 5* resort complex including: 

AMENITIES

  • A Deep Water World Class Marina

  • Enormous Clubhouse with Games Room

  • A full service gourmet Restaurant and Bar

  • An infinity-edged, beachfront Swimming Pool

  • Full Spa Services including Massage & Yoga

  • A private sunbathing Beach complete with a Swim-up Beach Bar actually in the sea

  • A state-of-the-art Gymnasium & Fitness Center

  • Tennis and Volleyball Courts

  • A water sports center

  • A Hilltop bar with far-reaching 360 degree views

  • A Helipad

  • Concierge Service with Room Service

  • An Equestrian Center

  • ECO-FRIENDLY

 


 

H20 condos on Balboa Ave

    1. Price Starting at $

    2. Bedrooms 2

    3. Bathrooms 1.5

    4. Maids Quarters no

    5. Size 97m2

    6. Built : 2008

 

Project Details:

*40 story building

*3 High Speed Elevators

*24 Hour Security

*High Ceilings

*Imported Ceramic Tiles

*Granite Countertops

  • Amenities: swimming pool, covered terrace, sun deck, 2 bars ,Exercise room, game room, dressing room and sauna.

Oceanfront Skyrise and Yacht Club on Balboa

    1. Price $532,500

    2. Bedrooms 2

    3. Bathrooms 2

    4. Maids Quarters yes

    5. Size 150m2

    6. Built : Late 2009

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Project Details:

*57 story building

*Private Nautical Club

*Floor to Ceiling Windows

*Oceanfront Terraces

*Italian Ceramic Tile flooring and Stainless Steel Appliances

*Italian Kitchen and Baths with Granite Countertops

Amenities: YC Nautical Club—which includes 2 beautiful vessels with Captains at the owners’ disposal, childrens’ playground, Fitness Center that is 2 levels of glass walls with ocean views, sunrise and sunset infinity pools, private cabanas with spectacular bay views.



 

SKY on Balboa Ave

    1. Price $434,500

    2. Bedrooms 2

    3. Bathrooms 2

    4. Maids Quarters yes

    5. Size 157m2

    6. Built : Late 2009

Project Details:

*Carefully crafted and designed by world-renown Architect and winner of the “Best Architectural Works Award” by the Panamian Society of Engineers and Architects.

*13,000 ft of first class luxury facilities for the body and mind designed exclusively for Sky. 
*Private elevators in each building

*10ft ceilings

*Imported Marble flooring

*Imported Granite Countertops and Stainless Steel Appliances

*Glass enclosed Tubs

AMENITIES:

  • Infinity-edge swimming pool featuring outdoor beds, cabanas & chase lounges

  • State-of-the art Business Center and Conference rooms

  • State-of-the-art 24-hour security service

  • Modern Design Party/events room

  • 13,000 sq. feet of facilities for your mind and body

  • SPA, fitness and relaxation oasis

  • Sky lounge

  • Limousine service

  • 12-seating private Cinema

  1. Element Boutique Condo

             i.      Price $310,500

            ii.      Bedrooms 2

            iii.      Bathrooms 2

            iv.      Maids Quarters yes

            v.      Size 1104sqft

            vi.      Built : 2009

Project Details:

*32 story building

*Oceanfront Terraces that include Jacuzzis

*Unobstructed ocean views in Living Room and Master Bedrooms

*Best school system and restaurants in the city

Amenities:

*Spa and Sauna

*Meditation and Yoga Garden

*Infinity Pool

*Squash Center

*Business Center

*Fully equipped gym



 

Grand Bay Tower on Balboa

    1. Price $359,133

    2. Bedrooms 1

    3. Bathrooms 1.5

    4. Maids Quarters yes

    5. Size 138m2

    6. Built : 2010

Project Details: *modern and functional designs 
• Double-acoustic, thermal and isolating glass 
• Imported floors 
• Kitchen furnishing with ultra modern designs from ARDECO’s Euro collection 
• Glass walls overlooking Panama Bay with views of the Panama Canal, as well as the city

Amenities 
• Rooftop swimming pools and Jacuzzi

*Gym and Sauna

*Game room

*Meditation Garden


 

Vista Del Mar on Balboa:

i.      Price $273,360

ii.      Bedrooms 1

iii.      Bathrooms 2

iv.      Maids Quarters yes

v.      Size 113.9m2

vi.      Built : 2009

Project:

*46 Stories

*Imported ceramic tiles

*Granite countertops

  • Floor to ceiling height of 32.28sqft.45 story building

  • 2 high- speed passenger elevators

  • 24 Hour security .

Amenities

*The top of the building features a two level Social Area

*Rooftop Bar

*Rooftop swimming pool and Sauna

*Exercise room

*Ballroom.

Bella Vista located just one block off Balboa

i.      Price $340,000

ii.      Bedrooms 1

iii.      Bathrooms 2

iv.      Maids Quarters yes

v.      Size 128m2

vi.      Built : 2010


The Project: Ocean View in Bella Vista located in front of Urraca Park.

Modern Modular kitchen furniture with natural stone countertops

*Windows  in aluminum and glass

  • Full line of Kitchen Appliances

  • Washer, Dryer, and water heater in every unit.

  • AMENITIES:

  • 24 hour security gate and concierge services

  • Infinity Pool and Pool Bar

  • Golf Putting Greens

  • Party Hall with Kitchen & Bar

  • Gym

  • Squash and Racquetball Courts

  • Business Center

  • Card and Game room

Private Community with Tom Fazio Golf Course
 

El Alcazar de Coronado

Starting at $460,000

NEW 2 Bedroom, 2 Bath 1715sqft – 2853 sqft

Super for retirement living, this project is an exclusive private gated community of only

 

 

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