Details   Photo Gallery Maria Chiquita (Colón, PA) (New Construction) $87,750 $87,750 - $ 332,000

Quick Links Request More Info Mortgage Calculator Email Listing Schedule A Showing Attachments View Listing Brochure

More Photos »   Knightsbridge Investment group Panama Office   Yovana Medina Email Yovana   Phone: 507 6616 2413 Other: 00507 6616 2413   Details Type: Residential Style:  Development Level: Under Construction Bedrooms: 1 "Studio - 3 Bedrooms" Bathrooms: 1 "1 - 3" Garage: Single Size: 484 sq. ft. "484.38 sqft - 2,422 sqft" Year Built: 2009   Description There are many reasons to invest in this area. Royal Caribbean Cruises have made Colon a home port, bringing many tourists to this area. The new freeway between Panama City and Colon will reduce the travel time between these two cities by half. The free zone in Colon is set to become the largest of its kind in the World, and don’t forget the canal expansion. Bala Beach Resort is located in the most beautiful beach of Panama’s Caribbean coast, just a one hour drive from Panama City. This master-planned beach community is designed for those seeking true serenity for the best value. Crystal clear waters, white sand beaches and gorgeous mountain backdrops provide breathtaking views from any point on the community. Bala Beach Resort is only minutes away from the nearest hospital, supermarket and other desired amenities required for residential living. Available Apartments The first phase will consist of two 11-story buildings with the following apartments to choose from: - Studio (45 m²) - 1 Bedroom (65 m²) - 2 Bedroom (85 m²) - 3 Bedroom (130 m²) - 1 Bedroom 2-Story Loft (180 m²) - 2 Bedroom 2-Story Loft (180 m²) Each apartment offers breathtaking views of the ocean and gorgeous mountain landscape. Amenities The community will feature: - Private beach access - Multiple swimming pools - Restaurant & bar - Tennis courts - Basketball court - Fully equipped gym - Beach chair & towel services The project requires a total down payment of 40% which is tied to construction: 10% at signing, 10% upon commencement of construction, 10% 90 days after commencement, and 10% 180 days after commencement. The balance of 60% is due at completion. Property management will be available with the delivery of the first units. We expect the rental market for these units to be high due to growth in the general area (see below). We conservatively forecast 20%-30% appreciation between now and delivery.   Features View ▪ Ocean View Extra Features ▪ Security Guard on Duty Lot Features ▪ Swimming Pool

P2#1306722