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Single Story For Rent/Lease in Vista Del Mar

P1070078

• 100 sq. m., 2 bath, 1 bdrm single story - $1,900.00 USD Monthly

 -  Bella Vista is a traditional "corregimiento" in Panama. There are located most of the banks the District Banking of Panama. Also many insurance companies are located in the same area. By this reason are very appreciated the rental opportunities in this zone.
In the same area with Ocean front view is located the building "Vista del Mar". Vista del Mar is an Icon of the Balboa Avenue.

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Posted Tuesday, May 07, 2013 10:07 PM by Rómulo Borrero | 0 Comments

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Rent/Lease Reduced on Bella Vista in Vista Del Mar

Vista Del Mar, Avenida Balboa  -  Announcing a rent/lease reduction on Bella Vista, a 100 sq. m., 2 bath, 1 bdrm single story. Now $1,900.00 USD Monthly - .

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Posted Tuesday, May 07, 2013 10:07 PM by Rómulo Borrero | 0 Comments

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Single Story For Sale in El Cangrejo

Living room

• 87 sq. m., 2 bath, 2 bdrm single story - $160,000 USD

 -  Condo ideal for investment. It is rented with contract until March 2014 with the possibility of renewal for a multinational.

El Cangrejo is characterized by a bohemian area of contemporary architecture, green areas, parks, embassies and restaurants, a neighborhood with a strong cultural identity for its central location and a great place to live.

Description Apartment:
Size: 87.4m2
middle floor
2 large bedrooms, master with walk-in closet and bathroom
Second bathroom.
Laundry Area.
Spacious living room - dining room
kitchen
Balcony.
two parking
1 storage

The apartment would be delivered with lease until March 2014, appliances and furnishings, A / C split in living room and 2 bedrooms.

The Design:
Double height lobby
2 high speed
Water storage tank
Partial power generator
24 hour security and concierge
Electric gate and intercom
Visitor parking

Social Area:
pool
Event room
open terrace
toilets

Property information

Posted Tuesday, May 07, 2013 5:22 PM by Rómulo Borrero | 0 Comments

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Single Story For Sale in Cangrejo

Cangrejo 507 building

• 1,011 sq. ft., 2 bath, 2 bdrm single story - $169,000 USD

 -  Modern furnished apartment with the air full splits, Italian furniture and appliances located in one of the newest buildings in the prestigious and traditional area of El Cangrejo. Easy access to restaurants, offices, supermarkets, banks, laundries, pharmacies, universities, shopping centers.

Apartment Description:

Flat 14 D
2 comfortable bedrooms, master with walk-in closet
2 bathrooms
Spacious living-dining room
Kitchen
Maids bedroom and bathroom,
Terrace overlooking the Cerro Ancon, and the city
1 parking

The apartment comes with:

Panasonic Split Air Conditioners
Two-door refrigerator stainless steel with ice and water dispenser
Laundry center with Frigidaire gas dryer.
Stove Whirlpool brand stainless steel stoves and 6 glass lid.
Type grease extractor hood in stainless steel Italian brand.
Frigidaire gas heater.
Stainless steel microwave oven-sized Panasonic brand.
Brand Blender
Cookware.
Coffee.
Pyrex.
All cooking utensils
Ironing board.
LG LCD TV 32 inch.
Lamps premium throughout the apartment.
Game leather modular sofa.
Reclining chair with footrest in leather.
TV cabinet.
Coffee table with beveled glass.
Dining room set in wood with beveled glass.
Cabinet game room with curved glass.
Bed in principal of 1.80 mts. leather and wood-brown with two bedside tables and orthopedic mattresses.
Brown wooden bed with beige leather backrest and orthopedic mattresses.
Aluminum blinds throughout the apartment brand Hunter Douglas.

Building:
With double height lobby
Two high speed elevators
Reserve water tank
Partial electric generator
24-hour security and concierge
Electric gate and intercom
Visitor parking

Social Area:
Pool
Events Room
Open Terrace
Toilets

Property information

Posted Tuesday, May 07, 2013 4:25 PM by Rómulo Borrero | 0 Comments

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Price Reduced on Cangrejo, P.H. Cangrejo 507. in Cangrejo

Cangrejo , Panamá  -  Announcing a price reduction on Cangrejo, P.H. Cangrejo 507., a 1,011 sq. ft., 2 bath, 2 bdrm single story. Now $169,000 USD - .

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Posted Tuesday, May 07, 2013 4:25 PM by Rómulo Borrero | 0 Comments

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Single Story For Sale in Brisas Del Golf

DSC00815

• 123 sq. m., 3 bdrm single story - $140,000 USD

 -  House located near to Corredor Norte, supermarkets like 99 and the Rey, banks and schools.
* 3 bedrooms
* Master bedroom with walk-in closet and private bath
* 2 bathrooms imported ceramic lined up above, with shower health
* Living / Dining
* Kitchen with breakfast
* Indoor Terrace
* Laundry Covered
* Board Gypsum ceiling throughout the house
* Door entry security
* 2 years of construction
* Construction of parking and floors finished in ceramic gymson
* Alarm with monitoring
* French windows


Casa con muro perimetral ubicada cerca a la salidad del Corredor Norte, supermercados como el 99 y el Rey, a bancos y colegios.
*3 recámaras
*Recámara principal con Walk-in Closet y Baño Privado
*2 baños revestidos de cerámica importada hasta arriba, con ducha sanitaria
*Sala/Comedor
*Cocina con desayunador
*Terraza bajo techo
*Lavandería Techada
*Cielo raso de Gypsum Board en toda la casa
*Puerta de seguridad en la entrada
*2 años de construccion
*construccion de estacionamiento acabados en gymson y pisos en ceramica
*Alarma con monitoreo
*construccion de muros perimetrales
*Ventanas francesas

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Posted Monday, May 06, 2013 7:42 PM by Rómulo Borrero | 0 Comments

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Price Reduced on Brisas del Golf in Brisas Del Golf

Brisas Del Golf , Panamá  -  Announcing a price reduction on Brisas del Golf, a 123 sq. m., 3 bdrm single story. Now $140,000 USD - .

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Posted Monday, May 06, 2013 7:42 PM by Rómulo Borrero | 0 Comments

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Single Story For Sale in Brisas De Amador

• 1,022 sq. ft., 2 bath, 2 bdrm single story - $335,000 USD - great opportunity

 -  The Causeway Towers Apart-Hotel consists of 10 buildings around the road that rises to the highest point of Perico Island at the Amador Causeway 10 minutes from Panama City by car. The panoramic view is stunning from every apartment due to its first class location.

The eye can see the skyscrapers of Panama City, the Pacific Ocean, Bay of Panama, the Bridge of the Americas, The Navy and the Panama Canal.

Today, Causeway Towers is the only project of its kind, with its fantastic location in the middle of a cosmopolitan capital. It's far from frantic lifestyle without disturbing traffic, by contrast offers quiet, cool breeze and a view second to none. A true paradise in the middle of a Capital City.

The apartment with 95m2 located in one of Panamas most exclusive projects - Brisas de Amador- in Causeway, with only 16 apartments and 5 floors in total you can relax with the splendid view of Panama City, Navy, Bridge of the Americas and the Pacific Ocean that this apartment offers.

DESCRIPTION:

2 Bedrooms: master bedroom with walk-in closet
2 Bathrooms each with shower massage


Open kitchen
Dining room
Terrace

In the building you will find:
Elevator
Bar
Gym
Sauna
BBQ Sundeck

In this exclusive social area has access only by residents of the 16 apartments, all such additional 10 buildings with swimming pool, spa and security checkpoint.

NOTE: The apartment is delivered fully furnished including Crockery, Fridge etc

Property information

Posted Tuesday, April 30, 2013 11:52 PM by Rómulo Borrero | 0 Comments

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Price Reduced on Amador in Brisas De Amador

Brisas De Amador , Amador  -  Announcing a price reduction on Amador, a 1,022 sq. ft., 2 bath, 2 bdrm single story. Now $335,000 USD - great opportunity.

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Posted Tuesday, April 30, 2013 11:52 PM by Rómulo Borrero | 0 Comments

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How to make a property investment in Panama?

If you are thinking of buying as first, second home or investment property, should consider the following factors before making the first move:

Location: Always consider carefully select the location of your property investment. This ensures a good Valuation and salability. There are many factors to consider. It is not the same a commercial real estate, that a luxury penthouse. But not the same a penthouse in middle zone that the same penthouse in a high or medium high.

Mortgage: In Panama it is possible to get a mortgage for a national or non-national. Banks provide financing to non-nationals between 50% to 70% of the sale value of the "venta rapida", quick sale, made by a recognized appraisal company in the country. Check with your bank which appraisal companies are accepted before to make an appraisal by your own. Also for some nationals of countries with unstable currencies and economies need to show an account in dollars. The bank seeks to verify their ability to cover the obligation in the event of political or economic instability. The banks accept a debt ratio to 30% of income (the) or debtors. The term bank financing is different for domestic and foreign. For a citizen the term can be up to 30 years depending on age. For a foreigner the credit can reach 20 years. The credit term is directly proportional to the years of coverage that gives you life insurance.

Appraisal: The Appraisal is a reference to the value of the property at a given time that can vary over time, but it is not the last word. There are properties that can be sold above market value because the property has tremendous potential, or can have and even demand. If you plan to finance your Real estate investment with local bank, the bank takes as a benchmark for the financing of its property, known locally as quick sale ranging between 10 and 15% below market value.

Life Insurance and Fire Insurance: all the credits mortgage in Panama are covered by life insurance. The maximum age to be eligible to take a life insurance policy depend of the insurance company but is more than less until the 69 years old. Depending on your Broker relationships and physical condition may make some exceptions. Some companies are more flexible than others with expats. The Fire insurance in Panama includes other coverages such as lightning, earthquake, vendabal, air impact. The cost of a fire insurance per thousand of sum insured is between 7 and 8 cents annually. In the case of a commercial real estate, the value is subject to a prior inspection and has strongly influences in the cost of the fire insurance many factors as: the location of the property and the prevention measures have the property.

Taxes: There are 2 things we can not avoid in life, death and taxes. When buying a property in Panama You should consider two types of taxes. 1. The tax on property improvements and the tax on the ground. Subject to certain conditions some properties in Panama are exempt from tax on the improvements for periods ranging from 5 to 20 years. On the other hand generally pays property tax field. Your estate broker and your attorney can jointly advising you on that topic. On the other hand if you want to sell a property, should consider in the value of sale the following taxes: 2% known as "alienation" and 3% on the sale value of the windfall.

Maintenance: Most condos (PH) pay a monthly fee to help cover the main common expenses that has a set of apartments, houses, offices, warehouses or commercial real estate built to condo law. Act 31 of 2010. When purchasing a property you need to consider that the property maintenance is a charge aditional in your budget and affects the profitability of your investment.

Lawyer: It is vital to have a good lawyer who has experience in building contracts, buy and sell and extensive knowledge of the commercial code, also a plus is tax knowledge.

Licensed Real Estate Broker: something no less important is to have a good real estate broker. It should be your right hand and take an active part throughout the operation. It is very important that he must be licensed. This assures you that the professional has a minimum of knowledge of land use, zoning rules, laws and incentives. Also, being a qualified professional you are covered by a performance bond of US$10,000 for negligence or mismanagement. The license is issued by the Technical Board of Real Estate and Panama, attached to the Ministry of Commerce and Industries. You can file complaints or claims the Technical Board and Real Estate

I appreciate the time you have spent reading these lines and I hope have been useful. With pleasure you can contact us to our e-mail: info@panamaproperty4you.com

You can also visit us at the following address www.panama-real-estate.co


 

Posted Sunday, April 28, 2013 7:10 AM by Rómulo Borrero | 0 Comments

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Lot / Land For Sale in Palo Alto

entrance to the property

• 433,293 sq. m. lot / land "valley view" - $3,358,020 PAB - Reduced by owner

 -  LOCATION
It is located in Cerro Azul, towards the sector known as Ojo de Agua, Corregimiento of Alto Jaramillo, District of Boquete, province of Chiriqui

GEOGRAPHIC LOCATION
UTM
972450 N 973350

ACCESS TO THE PROPERTY
The property is accessible by car from Alto Jaramillo, through an access road near the entrance of Ricardo Perez entrance and from there by foot and horse for approximately 3 hours uphill to reach the property or by helicopter. It is outside the limits of the International Park “La Amistad” on the pacific sector.

The area includes 43 (Forty three) hectares 3.293,76 square meters (aprox. 107 acres), according to topographic plane No. 404-05-16306, which are lands with a slight inclination from 1 to 12% of black sandy soil texture with vegetation brushes and weeds. Its highest altitude fluctuates from 2200 to 2300 meters above the sea level and 1000 meters above the Boquete town.

ADDITIONAL CHARACTERISTICS OF THE PROPERTY
The land has two plateaus, the large one includes approximately 8 to 9 hectares (aprox. 22.2 acres) of plain land and it was used to raise cattle. The other small plateau consists approximately of 1 hectare. Between the two plateaus lands with slight inclinations, representing 60% of flat surface. The vegetation consist mainly of thicket and weeds.

There are 7 born springs estimated in the property providing the ownership of flowing water.

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Posted Saturday, April 27, 2013 7:51 PM by Rómulo Borrero | 0 Comments

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Price Reduced on Boquete in Palo Alto

Palo Alto , Boquete  -  Announcing a price reduction on Boquete, a 433,293 sq. m. lot / land "valley view". Now $3,358,020 PAB - Reduced by owner.

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Posted Saturday, April 27, 2013 7:51 PM by Rómulo Borrero | 0 Comments

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Single Story For Rent/Lease in Parque Del Mar

• 2,281 sq. ft., 3 bath, 3 bdrm single story - $2,500.00 USD Monthly

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Posted Saturday, April 27, 2013 7:28 PM by Rómulo Borrero | 0 Comments

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Rent/Lease Reduced on costa del este in Parque Del Mar

Parque Del Mar, Costa Del Este  -  Announcing a rent/lease reduction on costa del este, a 2,281 sq. ft., 3 bath, 3 bdrm single story. Now $2,500.00 USD Monthly - .

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Posted Saturday, April 27, 2013 7:28 PM by Rómulo Borrero | 0 Comments

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Single Story For Rent/Lease in Edison Park

DSC01219

• 3,088 sq. ft., 1 bdrm single story - $4,600.00 USD Monthly - negotiable

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Posted Monday, April 22, 2013 7:57 AM by Rómulo Borrero | 0 Comments

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