Apartments in Panama City, Panama

Prime location 5 Star hotel rooms and apartments in Panama City

Nations Hotel,
Panama City,
Panama

Studio Apartments from £95,245

1 Bed Apartments from £142,865

2 Bed Apartments from £357,972

  • 1 Bedroom Hotel Rooms also available from £95,245
  • Expected Net yields in excess of 12%
  • Buy from just £37,810 with a 60% LTV mortgage
  • Acute hotel shortages (2nd height occupancy rates in world)
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Summary

  • 1 Bedroom Hotel Rooms also available from £95,245
  • Expected Net yields in excess of 12%
  • Buy from just £37,810 with a 60% LTV mortgage
  • Acute hotel shortages (2nd height occupancy rates in world)
  • National GDP expected to be 8.7% in 2009
  • Staggering tourism growth set to increase demand

Description

With the extension of the Panama Canal, Panama is set to grow from strength to strength and is already Latin America’s fastest growing economy. Visitor numbers increased an impressive 27% in 2007 and tourism is already the country’s biggest contributor to GNP (Gross National Product).

Few locations can stack up as well as the fast growing hub of Panama City with it’s low levels of consumer debt, a GDP growth expected to exceed 8.7% in 2009 and the world’s second highest rate of hotel occupancy in the world.

With hotel occupancy at present running at 84.7%, second in the world only to Perth, and a rapidly increasing influx of flights and employment comparable to Dubai 5 years ago, the demand for hotel accommodation in Panama City is at a premium.
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Location

Nations Hotel is located in the key financial district of Panama City - Bella Vista - a hotspot for nightlife, shopping and restaurants. This 5 star hotel is a short walk from the oceans edge and harbour and will service both international travellers and the business community alike. Top

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Property

Nations Hotel in Panama City will offer a range of rooms throughout its impressive 26 storey structure designed by renowned national architect Musa Asvat Kasu. Investors can choose between varying sizes of one bedroom hotel rooms and also one and two bedroom apartment units. Each room and unit comes with a unique furniture package while all rooms have ceilings of 10ft in height ensuring a spacious feel is maintained throughout the architecture. Top

Amenities

  • Apartment
  • Managed
  • 24hr Concierge
  • Broadband Internet
  • Terrace
  • Fully Furnished
  • Spa
  • Swimming Pool
  • Bar
  • Central
  • Prime Location
  • Gym

Payment Schedule

  • £5000 reservation fee
  • 15% on signing of SPA (minus reservation fee)
  • 15% 120 days after signing of SPA
  • 10% 240 days after signing of SPA
  • 60% due on completion (expected mid 2011)

Pricing & Availability

For latest pricing and availability please contact us.

Gallery

Floor Plans

Site Plan

  • Hotel Room 34 sqm Hotel Room 34 sqm
  • Hotel Room 56 sqm Hotel Room 56 sqm
  • 1 Bedroom Apartment 52 sqm 1 Bedroom Apartment 52 sqm
  • 1 Bedroom Apartment 76 sqm 1 Bedroom Apartment 76 sqm
                                                               (Click Image to enlarge)

Map

Global Market Predictions 2012

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