As I continue my mission to uncover the best deals—world-class properties in prime locations that I know will recover fast—Panama remains high on my list.
In one spot in particular, just 50 minutes from Panama City on the Pacific coast, I have uncovered a killer deal…
One that puts you right on the powder-white sands of Panama’s next big beach town for less than US$160k.
The property we’re looking at today is true beachfront…
It’s move-in ready…
And comes at a significant discount for my readers.
If you snapped up the biggest discount when I first brought this project to your attention back in February, congratulations.
If you have yet to act, you should know that the price is going up.
That said, I have managed to negotiate—for a limited number of units only—a deal that allows you to buy here at a massive US$55,000 discount on the regular selling price.
That means you’ll pay only US$155,000 for your own beachfront apartment in a prime location.
Panama’s Next Big Beach Town
Anyone with an eye on beach property in Panama has heard of Coronado.
They know of its rampant growth, the vast assortment of American-style shops, supermarkets, and restaurants. They know how quickly it has risen from a sleepy beach town to becoming the heart of Panama’s Gold Coast.
What they don’t know is that, just 10 minutes up the road, the same thing is happening all over again.
Right next door, in Gorgona, resort-style developments are underway, new roads are being paved, and a modern new shopping mall is being built.
This (for now) sleepy beach town resembles a pre-boom Coronado—and its future has every reason to follow suit.
The beauty is that, with our ready-to-move-in apartment deal… you (or your renters) can enjoy a laid-back beach lifestyle at a fraction the price…
You’re only minutes away from restaurants and gourmet grocery stores…
High-quality health care with English-speaking doctors…
A golf course, yoga studios, and a friendly expat community…
But you’re also still far enough away to escape the busy weekend crowds.
Luxury Property Right On The Beach For Just US$155,000
This residential project comes with innovative architectural design—apartments are spread between two towers…
Shaped like a ship’s hull, the building is designed to give its residents uninterrupted views over the Pacific Ocean to the front and rolling green mountains to the back.
The project offers everything you’d expect of a luxury complex, including two social areas with a restaurant, a roofed terrace, a sundeck, two pools, a multipurpose court, a fitness center, a sauna, a private events room…
And private access to the beach.
The buildings have 24-hour security, a main lobby with a front desk, visitor parking, and 4 main elevators.
At this price and right on the beach, in a prime location, the deal stacks up.
These 70-square-meter, one-bedroom units usually sell for US$210,000. But I have negotiated a special cash price of just US$155,000.
That’s a massive US$55,000 savings for you as an Overseas Opportunity Letter reader.
Even better, while these are presented as one-bedroom units, you can opt to sacrifice the formal dining space for a second bedroom.
Financing is also available.
Liz, my contact on the ground, is happy to arrange a video call, or an inspection-trip with you if you wish to see different apartments and to check out that ocean view for yourself.
Move-In Ready—No Risk And No Wait
The building was completed and opened in 2019, so these units are ready to use now. Many are being used both as residential property and income-producing rentals.
You heard from Liz earlier this week, when she outlined how tourism is recovering fast in Panama, supported by government initiatives, the opening of a massive new conference center (the largest in Latin America), along with the country’s connectivity to the States and indeed the rest of the world.
As Liz mentioned, Copa Airlines recently introduced a program called “Stopover in Panama.” This allows travelers on Copa’s network to book a stop-over in Panama—for a minimum 24 hours to a maximum of seven days—with no additional cost to their airfare.
And Delta Airlines recently announced its plan to increase passenger capacity to Panama City by 80%, with additional direct flights from New York (JFK), Los Angeles, Orlando, and Atlanta.
Liz tells me the properties already renting in this project used to experience high season from November to April. Since the country opened up again, these units have been rented consistently over the past 12 months.
Add to that, a rental management team is on-site for turn-key profits.
This is a luxury property that could be your second home, a vacation spot, your escape hatch, or your ultimate retirement plan.
These are true beachfront apartments that usually sell for US$210,000… but right now you get a massive US$55,000 cash discount.
You get a move-in ready home with no pre-construction risk and no wait time.
Now I’d say that’s worth your attention.
You can get in touch here for more details on this one-of-a-kind opportunity that puts you just footsteps from a Pacific Ocean beach.
Lief Simon
Editor, Offshore Living Letter
