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10 Things You Have To Know Before Buying Real Estate in Panama




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Condo Hotel Portobelo , Portobelo , Colon

[en español]

starting from $182,000
min. size 732 sq. ft (68.01 m²)



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Property ref: 254 Print print details Send to a friend

Property Description:
TreeBeach is the most impressive private beach community in the Caribbean side. The complex is located on a spectacular white sand beach and will offer world class amenities such as a Beach Club in an artificial island with several natural pools, a solarium, a Hut-bar, a restaurant and much more. Every room in the complex offers captivating ocean views that blend with the breeze and beauty of the environment.
Location: 75 minutes away from Panama City.
Stories: 12
Buildings: 1
Intended Star Rating: The hotel operator will be Benchmark Hospitality. The Company’s head office is in texas and they are leaders in managing Luxury hotels. This gives Treebeach a 5 star rating.

Maintenance Fee: The maintenance fee will be included in the rental pool.
Developer: Armoniza Centralamerica, affiliate of Armoniza.
Arquitect: The complex is designed by the celebrated architect George Moreno. Also designer
of other projects like The Point, Gamboa Rainforest Resort, Miramar Inter-Continental, Pacific
Point and more…

Real Estate Taxes: In Panama all properties completed before December 31, 2011 will qualify for 20 years of property tax exception.
Unit Features: All units will be managed and finished with Benchmark Hospitality’s standards.
Units from 68 and 95 square meters will be “ready–to-use” and included in the rental pool.
Units from 130 up to 233 square meters will have to acquire an extra package that includes furniture and appliances to participate in the rental pool.

Community Features:
Different types of pools
Beach Club Artificial Island
Natural pools in the sea
White sand beach

Social Areas:
Diving club
Solarium
Hut bar
Grand hall with ocean view for receptions
Restaurant
Spa

Extras:
Valet parking
Room service
Parking & Storage Units: One parking spot for the smaller units and 2 parking spots for
the penthouses

The Surrounding Area: For centuries, Portobello was one of the most important trade centers in the Americas, acting as a link between Spain and the rest of the countries in the New Continent. From this Caribbean town where Christopher Columbus once set sail, valuable goods
and incredible treasures were shipped to the Old World. Today, Portobello pays tribute to its name by being a reflection of the most beautiful port of the colonial age and one of the most
exotic destinations in the entire Caribbean. The Caribbean is great for its corral reef ideal for
snorkeling or diving. White sand in almost all the coast and big in flora and fauna.

Rental Program: A prestigious hotel management group will manage the complex so you can
take advantage of the rental income while you are not there, but use it for vacations when you
can! For a limited period of time, the developers are offering a one year, 6% rental guarantee!
Units from 130 up to 233 square meters will have to acquire an extra package that includes furniture and appliances to participate in the rental pool.