Coco Place Panama Coco del Mar, Panama City, Panama 2 Bed Apartment £161,288 | €185,287 | $209,300 Request a Currency Exchange Quote Here

Invest in one of Central America's most developed countries with this new development in the heart of Panama City. 5-star amenities include a gym, pool, sauna and party room, with an in-house management team offering returns of circa 10%.

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Property Attributes

Amenities & Services

Swimming Pool, Parking, Management

Lifestyle features

City, Rural, Suburban, Development

Building Characteristics

Low Rise

Property Features

Sauna

Fixtures-Fittings-Furnishings

Bath
Property Description ID:32767675


Panama has been one of the fastest growing economies in Latin America over the past decade, with real GDP expanding an average of 8.4% between 2004 and 2013. With over $30 billion committed by the government on infrastructure projects, Central America's most developed country is an attractive destination for investors.

 

Coco del Mar is the most desirable neighbourhood of Panama City. The exclusive residential area is home to million dollar homes and five international embassies. A relaxing oasis in the middle of Panama City, Coco Place is positioned in the heart of the suburb. The low-rise development is ideally located on the most important road in Panama, Avenida Cincuentenario, and is a few seconds' walk from the city's public transport.

 

The high-quality development is comprised of 108 two-bed, two-bath apartments. It offers five-star amenities, including a gym, swimming pool, sauna and party room, all designed to cater for two rental markets: the 140+ international companies who have relocated to Panama City and the city's growing banking district, second only to Singapore.

 

An in-house management company will have an office onsite that is readily available to investors and will offer returns of approximately 10% rental income.

 

Units start from $209,300, with a payment plan that requires only 20% on exchange, with monthly instalments until handover covering 50% of the purchase price. Post-handover developer finance is offered on the balance.

 

With a growing rental pool fuelled by employees at companies such as Microsoft, Samsung and Dell, don't miss your chance to reserve your own unit for just $2,500.

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Important Property Information

Available Units

2 Bed Apartment
  • GBP Price: £161,288
  • EUR Price: €185,287
  • USD Price: $209,300
  • PAB Price: PAB210,707

Key Selling Points

  • Stunning 2 bed apartments in Panama
  • 5* amenities: gym- swimming pool- sauna- party room
  • Completion June 2020
  • 1 covered parking place per apartment
  • $2500 reservation fee
  • 20% of purchase price payable within 28 days of contract
Mortgage Information
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