All Properties Panama
Fell Free To Call Us 00 44 1223 655 357
Property Type:
Location:
Environment:
Number of Bedrooms:
Price Range:
Reference Number:
Username:
Password:
"Sign up here to receive our free news letter and to be able to use the light box facility"
Want to know about Panama
Want to know about Panama
Bocas Del Toro, Panama
Bocas Islands, Panama
Boquete, Panama
Buying Real Estate In Panama
Chiriqui, Panama
El Valle, Panama
Investing In Panama
Panama City
Panama Economy And Currency
Panama Travel
Panama Visas And Residency
Pedasi, Panama
Renting Property In Panama
Retirement In Panama
Starting A Business In Panama
The Pearl Islands, Panama
Titled Property And Right Of Possession Property In Panama
Want to know about Panama


Testimonials
Thanks to your website and great service my wife and I have now found the home of our dreams in Boquete. You gave us all the information we needed and helped us create a short list of properties that all fit all our criteria. You saved us so much time and put us in contact with an excellent realtor as well as a lawyer who made the whole buying process safe and easy.
Tom Dobson
Read More...
Home PageView HomesBuyer's GuideAbout PanamaOur CredentialsContact UsView Plots
PROPERTY DETAILS
Bala Beach Resort
Property Reference No: BR-1
Property Type: Condominiums
Where: Portobelo - Caribbean Coast
Size: 69 m²
Environment: Ocean View
Garage: Available
Number of bedrooms: 1
Price: $ 87,500   67.179 EUR   £ 56,092
Description

Be There at the Beginning in Fabulous Bala Resort

Set alongside the Caribbean Sea just one hour from panama City, a hidden oasis awaits. A place where rolling green hills meets calm warm sea. Within this dramatic landscape and wonderful panoramic views are 24 acres of prime beach front land where Bala Beach Resort is being built. In all there are 800 residential and hotel units being built in self contained project phases over 5 years. The first two blocks are already almost sold out and building three is now on the market. This first phase is under construction and is due for completion by February 2010. The second phase will be the super luxury tower right on the beach which will be available for purchase by the public by late January 2009. The resort will have a wide white sandy beach (they are shipping in the sand) as well as many amenities such a state of the art fitness centre, cascading infinity pools, a party and barbeque area and beach club services. There will be golf carts to transport you from the covered car park, staff available for baby sitting, cleaning and shopping as well as a regular bus service to and from Tucumen airport. Under the tower building will be shops, a small grocery store as well as restaurants and bars. This is a wonderful luxury resort offering the perfect mix of private vacation home as well as an income from rentals (which the company will organize for a 40% fee) as well of course as a very interesting predicted rise in capital investment as the area develops over the next few years. The apartments are truly modern in style with floor to ceiling glass at the front allowing for maximum light and view. The developer is offering some great furniture and white goods packages at prices straight from the wholesaler.

The area is unspoiled and right at the beginning of touristic development. Near the resort are a number of great local restaurants right on the water as well as places offering deep sea fishing, diving, eco-adventures and canopy zip lines. The small village of Portobelo with its historical ruins of the fort with its cannons still pointing out to sea towards the infamous Henry Morgan is 10 minutes drive away. Prices are very reasonable starting at $87,500 for a one bedroom studio. In building one there is a 2 bedroom (89m2) unit still available for $175,550 and one 1 bedroom unit (69m2) for $148,000. In building two there are one bedroom units available from $134,550 and a couple of two bedroom apartments from $177,550. There are also two of the fabulous loft style penthouse units still for sale (132m2 plus 50m2 private roof terrace) for $302,200. In building three there are a few more choices but only three penthouse units still to be sold. This is a truly beautiful area in a perfect location (so close to Panama City) and is being built by a development team with a proven track record with strong financial backing. Highly recommended.

 

 

* Please note that all prices are current and are subject to the exchange rate on date of purchase


 
Powered by Pisagor Software & Internet Solutions