Head Office (Panama City)
Torre de las Americas
Punta Pacifica
Torre A, Officina 302
Panama City, Panama
1,400 m2 (15,050 ft2) starting at $3,120,000 ($2,228/m2 or $207/ft2)
810m2 (8,708ft2) and 590 m2 (6,343ft2) starting at $1,366,000 ($2,315/m2 or $215/ft2)
810m2 (8,708 ft2) and 295 m2 (3,171 ft2) starting at $ 704,000 ($2,386/m2 or $222/ft2)
91m2 (978 ft2) to 330 m2 (3,558 ft2) starting at $ 222,7000 ($2,447/m2 or $228/ft2)
There will be 12 "intelligent" high-speed elevators, Floor-to-ceiling windows; efficient energy saving glass. The project is being built under international quality and security standards. The new Costa del Este business district offers the only alternative from the congested banking district in the city.
Nearby Amenities: Costa Del Este is next to the Corredor Sur, 10 minutes from the center of Panama City and 15 minutes from Tocumen International Airport. It is the most modern, convenient, navigable section of Panama City with a variety of excellent residential options to choose from, as well as restaurants, groceries, cafes and retail shops.
Payment Plans: 10% at contract signing, 10% 6 months later (or when construction begins), 10% 6 months after the second payment; 70% at completion
Financing: 50-70% of purchase price available at a 8-10% rate over 7-10 years
Property Taxes: Building carries 20yr property tax exemption
Maintenance Fees: $1.50/m2 /month ($0.14/ft2), which is typically paid by tenants
Prental Pro Forma: For a $3,200,000 floor (1,400m2 (ft2): Expected monthly rental income upon completion is $32,000;
Expected Monthly Carrying Cost:
Expected Monthly Cash Flow: Expected monthly cash flow: $4,822.62;
Key Dates: Key Dates: Broke ground and completion expected by 4th quarter of 2011
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