Apartment Panama City (Panama) Price: $ 1,164,000 USD

• Euro (€ EUR)
• American Dollar ($ USD)
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Surface 346 m² Bedrooms 3  Bathrooms 3 

LUXURY AND PRIVACY IN PUNTA PACIFICA!! THE RESIDENCES Did you know that permanent residence in Panama is possible through real estate investment? See below how with ITHLUX! THE RESIDENCESTHE TRUE VALUE OF BEACHFRONT LIVING! The Residences is the newest and most elegant icon of oceanfront condominiums, conceived in Panama City, with an exclusive selection of condos available for those privileged who enjoy and demand the best of the best. Punta Pacifica is a neighborhood known for its residential sector in the center of the city with great real estate development. It's one of the city's newest and most expensive main neighborhoods, packed with luxury real estate with stunning views of the Pacific Ocean. It has the most advanced hospital in the country (the only hospital in Central America in collaboration with Johns Hopkins Medicine International), as well as excellent private schools, many shops, supermarkets and restaurants. The residences have exclusive finishes and first class distributions. All apartments have an entrance hall, living room, dining room, storage closet and hand washing area adjacent to the dining room, terrace overlooking the ocean, large bedrooms with walk-in closest, kitchen with breakfast and laundry area and utility room. POINTS OF INTEREST:- Corredor Sur, Torres de las Américas, Super 99, Pacifica Salud, Hospital Paitilla, Multiplaza, Pacific Center. THE BUILDINGS:- 3 towers of 7 floors- Independent lobby per tower- 3 elevators- Levels from 100 to 500- 4 parking spaces per apartmentTHE APARTMENTS:- Apartments of 346 m2, 705 m2 and 721 m2 - Penthouses of 1,315 m2 and 1,372 m2- Balconies with sea view - 3 and 4 Bedrooms- Walking Closet- Elegant bathroom - Independent breakfast room- Service room and bathroom - DenAMENITIES: - Social area on the ground floor that combines terrace and pool with water mirrors for sunbathing- Gazebos and gardening- Stunning sea view- Fully equipped gym with state-of-the-art technology- Special room for events - Basement area with parking - Option to parking and additional deposits for sale- 25 parking spaces for visitors - Concierge ServicePRICES:- From USD$ 1,164,000.00 Contact us! Take advantage of this opportunity and book your visit now or ask for additional information! PERMANENT RESIDENCE AND CITIZENSHIP IN PANAMA THROUGH INVESTMENT IN REAL ESTATEDid you know that permanent residence in Panama through real estate investment is possible? Executive Decree 722 of October 15, 2020, created a new category of permanent residence for economic reasons. Through this program, the applicant can become a permanent resident by making a qualifying investment in Panama, including the following options:- Real estate: Invest US$300,000 (until October 2024), or US$500,000 later, free of liens.- Real estate projects in presale: sign a contract of sale for the sum of US $ 500,000 or more, free of encumbrances. ITHLUX and our team of professionals offer you several real estate projects that qualify for the program, in addition to providing you with the complete package to support you and your family in this process (legal, immigration, tax / accounting, insurance, among others). Contact us! Take advantage of this opportunity and book your visit now or ask for additional information!Why live or invest in Panama? 1 - Stable economy with the US dollar as currency. Second largest economy in Central America and the fastest growing economy. Second most competitive economy in Latin America according to the Global Competitiveness Index of the World Economic Forum. 2 - Strategic geographical location, privileged and free of natural disasters, located on the isthmus that connects North and South America, bordering Costa Rica, Colombia, the Caribbean and the Pacific Ocean, with a tropical climate throughout the year. 3 - International banking and financial center: strong banking system - In the last 20 years, mergers, transformations and additions of new banks have regulated and resized the sector. Panama is today one of the most important financial centers in Latin America and the world. 4 - The territorial tax system that exempts from taxes the income obtained outside the country, constitutes the main attraction for companies and individuals from all over the world to find a tax solution in the country. 5 - Political and legal stability. Panama's legal system was developed to encourage, support and protect foreign investment. The Constitution of Panama and the Foreign Investment Law grant the same rights and guarantees to foreigners in matters of property, investment and trade. 6 - Excellent quality of life and safety. It is among the cities in the world with the highest quality of life, as well as being one of the five best places to retire in the world. 7 - Medical services with high technology and international prestige, world-class communications infrastructure and excellent private schools. 8 - Panama is the Logistics Hub for Latin America and the Caribbean, by air, land and sea - World-class logistics platform, operating directly with 152 ports and 54 countries, being the gateway to Latin America. 9 - The Panama Canal transits more than 5% of world trade, with 160 client countries and 144 maritime routes, obtaining great profitability and attracting investors from all over the world, particularly from the real estate sector. GDP is expected to grow by nearly 20% as the Panama Canal expands and the consequent increase in traffic and new flows of ore, gold and copper, driving the growing demand for real estate. 10 - Tocumen International Airport: It is the largest and busiest airport in Central America, with flights to 89 destinations. 11 - Stable Real Estate Business - Investing in real estate quoted in dollars remains a safe investment bet. The real estate industry offers a wide range of projects with a price / quality ratio well above the average and with great growth prospects. 12 - Panama has a diversified plan of special visas that allows tax exemptions for foreigners residing or investing in the country, among which the Friendly Countries Visa stands out, with privileged conditions of access to Panamanian residence and citizenship: South Africa, Germany, Andorra, Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, Costa Rica, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Greece, Hong Kong, Hungary, Ireland, Israel, Japan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, San Marino, Mexico, Monaco, Netherlands, New Zealand, Norway, Paraguay, Poland, Portugal, Serbia and Montenegro, Singapore, Slovakia, Spain, Sweden, Switzerland, Taiwan, United Kingdom, United States of America, Uruguay.