| reveals a unique real estate investment opportunity in | | | | encourage business activity and real estate ownership. |
| the heart of Panama City. | | | | There’s never been a better time to buy.” |
| It’s a prestigious tower development called Colores | | | | Unit prices start from as little as 91,700 US dollars, with |
| de Bella Vista situated in an upmarket area of Panama | | | | 10% down as a deposit, and finance available up to |
| City, consisting of a mixture of modern apartments | | | | 75% loan to purchase. Early investors also have the |
| and state-of-the-art retail units. Spread across 35 | | | | option to combine purchased units to create one, two, |
| floors, there are 300 studio sized units in total, including | | | | or three bedroom habitations - a great benefit for |
| 300 underground parking spaces, a business centre, a | | | | future resale. |
| communal swimming pool, and 24 hour security. | | | | Transport too is excellent, with direct flights to |
| The project is being promoted by the International | | | | Panama’s Tocumen international airport from North |
| Property Investment Network (IPIN) the investment | | | | America, Latin America, and Europe (including London |
| arm of Propertyshowrooms.com, and according to | | | | Heathrow). Bella Vista is only ten minutes drive from |
| IPIN’s head of investment acquisition Gareth Milton, | | | | the airport. Additionally, Panama City is the only city in |
| it’s an opportunity that’s just that little bit | | | | Central America that can boast three airports, and is |
| different from all the rest. | | | | also well connected by the Inter-American Highway. |
| “Bella Vista is a quality district in a high demand part | | | | In all, Colores de Bella Vista literally towers over similar |
| of the city,” says Gareth. “Therefore demand | | | | developments in Panama City both in terms of capital |
| for rentals will be high, along with rental yields, which | | | | growth potential and projected rental yields, and is |
| are predicted to be up to an impressive 15% per | | | | already creating quite a stir among those in the know. |
| annum.” | | | | IPIN’s Gareth Milton: |
| And as always it’s all about location, as Gareth | | | | “This is an investment opportunity which really |
| explains: “The district of Bella Vista is an elegant | | | | stands out from the crowd. It definitely hits the right |
| part of the city, which sits just a block behind Avenida | | | | criteria for those looking to invest in a booming location |
| Balboa, the city’s main waterfront street and most | | | | such as Panama City.” |
| popular location, home to corporate centres and many | | | | |
| leisure activities. And that’s driving demand for | | | | About Propertyshowrooms.com: is the leading web |
| rentals, future growth as a prime city centre location, | | | | resource for worldwide real estate, for homebuyers |
| and a good projected resale market.” | | | | and property investors alike. |
| But it’s not just the location that is helping to boost | | | | The company works in partnership with the |
| Panama’s real estate market, the government itself | | | | International Property Investment Network (IPIN). IPIN is |
| has for a while now realised the financial potential of | | | | a free service, which provides its members with a |
| foreign investment in what is a modern, vibrant, | | | | choice of only the most outstanding international |
| cosmopolitan, and very international city. Gareth Milton | | | | property developments. |
| again: | | | | All IPIN properties have undergone a rigorous and |
| “Panama City is now the world’s second largest | | | | painstaking selection programme, which ensures the |
| banking centre, behind only Switzerland, and there are | | | | best investor potential and that all legal safeguards are |
| many tax incentives on offer from the government to | | | | in place. |