Foreign buyers have long chosen Panama for its top-of-the-line construction, stable government, and its ideal location as the hub of the Americas.
As a result, Panama City prices have appreciated significantly in the last decade, making it less affordable for those trying to break in.
However, opportunities still exist for the investor if you know where to look…
In the city, we’ve got the inside track on an emerging suburb where the construction of high-end properties is increasing.
This is where you will find the best hospitals and shopping centers in the capital… parks, sports facilities, and a welcoming bunch of expat residents.
Everything that you (or your renters) would need in terms of entertainment, health care, wellness, shopping, convenience, food, and more is in this neighborhood.
It’s a spacious, shiny, and turn-key locale where property prices go from $200,000 up and rents don’t fall below $1,500 a month.
It’s also where Lief Simon has negotiated a deal in a development that will focus on the retiree market that wants to move overseas but with a level of support.
An investment that will earn you a strong ROI while being 100% turn-key.
Baby Boomers are hitting retirement age every day, and now more than ever they are looking to retire overseas. Even so, not many residential projects catering specifically to this growing crowd exist. But the one we’ve found does…
It’s a one-of-a-kind option for renters looking for a hassle-free retirement.
First off, there’s the prime location… close to restaurants, stores, green open spaces, and a hospital.
Then there’s the special program designed for seniors which includes health insurance and on-site health providers. Plus, members will be granted reduced prices for prescriptions, dental care, and vision and medical tests.
They also have access to all amenities in the building, including a concierge, infinity pool, sky bar, theatre, social area, and gym.
Members can also participate in physical activities planned on-site such as Zumba, water aerobics, yoga, golf, and Tai Chi, and in social activities like happy hours, cultural events, and dinners.
Utilities such as internet, electricity, water, and cable are also part of the program.
A limited number of units are available with prices from $257,510. Developer financing is available.
This is one of only two buildings in the area with a license to do short-term rentals. In Panama, there is a 45-day minimum-stay law for rentals, so this project gives you an advantage if you decide to rent it for profit.
This is also the perfect investment to use for yourself if you ever decide to retire in the little isthmus.
And this investment is 100% turn-key and hassle-free thanks to the experienced on-site property management company who will take care of everything. The units come completely furnished, ready to rent (or for your personal use).
Sincerely,
Monica Linares
Managing Editor, Global Property Advisor
