Los Altos de San Carlos
 | Basic Information |  | |
| Julius Reference: |
PA-191007-860 |
| Country: |
Panama |
| Region: |
San Carlos |
| Price: |
79000 GBP |
| Bedrooms: |
1 & 2 |
| Bathrooms: |
1 |
| Sleeps: |
4 & 6 |
| |
Enquire about this property |
| |  | |  | |
| Description | | |
This is a great opportunity to purchase apartments in a gated community off-plan with a SPECIAL INTRODUCTORY DISCOUNT OF £10,000 up to May 15th, 2008, and with the added benefit that all signed contracts are assignable.
Located in San Carlos with sea views over the Gulf of Panama, mountain views, and just 5 minutes from fabulous white sand beaches, the apartments are just three miles from the planned Ocean Embassy Resort and Marine Theme Park.
There will be a maximum of 60 apartments, fitted and equipped to a high standard, and constructed in five attractively designed buildings with 12 apartments per building. Facilities will include a communal swimming pool, spa, and large decked area set in tropical landscaped gardens. A restaurant is scheduled to be opened by the entrance to Los Altos de San Carlos.
In each building there will be 8 one bedroom apartments and 4 two bedroom apartments with prices of £79,000 for one bedroom apartments and £99,000 for two bedroom apartments. These prices are subject to the SPECIAL DISCOUNT OF £10,000 applicable until May 15th, 2008 after which date a further price increase is scheduled.
Payment terms:
One bedroom apartments :- £5,000 payable with Reservation; £13,500 payable on Contract, £13,500 payable 45 days prior to commencement of construction.
Two bedroom apartments :- £5,000 payable with Reservation; £19,500 payable on Contract, £19,500 payable 45 days prior to commencement of construction.
Non-status mortgages are available over a 20 year term with an interest rate of 7.5% and payments of £281.26p per month for one bedroom apartments and £362.51p per month for two bedroom apartments.
Los Altos de San Carlos is superbly situated on elevated land bordered on the northern boundary by a river, and with the quaint town of San Carlos just a few minutes away. There is easy access via the Pan American Highway south to Panama City and north to Costa Rica.
Panama, which has the U.S.Dollar as it's currency, has a Low Cost of Living….real estate, food, luxury items and entertainment are only a fraction of what you pay in Europe and North America. There is NO TAX on income earned outside Panama, NO PROPERTY TAXES on Panamaian properties, and 25% DISCOUNTs available off utility bills, resulting in Panama being the No.1 destination in the world for retirees.
Panama, currently undergoing a major property and economic boom and boasting the fastest growing tourist section and economy in Latin America, is also an international banking centre second only to Switzerland.
With it's tax concessions and near perfect climate, Panama is attracting Hollywood film stars and celebrities, including Brad Pitt, Angelina Jolie, Bruce Willis, Mel Gibson, Shakira, Rowan Atkinson, and Mick Jagger, who are purchasing second homes in Panama. Donald Trump, the Real Estate Mogul, is building the Trump Ocean Club – a 65 story international hotel and tower. It will feature 800 Hotel and Condominium Units overlooking the beach, a casino and a 24 hour yacht club in Panama City. Panama City, with 30 skyscrapers currently under construction, is now being referred to as another Manhatten or Dubai City
The demand for rental properties on the Pacific Coast is forecast to increase tenfold over the next few years, and property prices are expected to soar.
|
| | | Back To Top | |
|
| Accommodation | | |
The one bedroom apartments, situated on the ground and first floor levels, will each have a living area including a lounge/dining room, fully fitted and equipped kitchen, bedroom, bathroom, and a 9ft x 15ft balcony/terrace.
The two bedroom apartments, situated on the second floor level, will each have a living area including a lounge/dining room, fully fitted and equipped kitchen, bedroom, bathroom, attic bedroom, and a 9ft x 15ft balcony plus a huge roof terrace.
Each apartment will have it's own car parking space.
|
| | | Back To Top | |
|
| Amenities | | |
Swimming pool
Spa
Beaches within 5 minutes
On site management
San Carlos Point also offers the opportunity to surf in the Pacific with a consistent surf, the optimim swell angle from the south south east, and the added advantage that it very rarely gets crowded.
|
| | | Back To Top | |
|
| Location | | |
San Carlos, just one hour west of Panama City, is located by the area of Farallon, which in recent years has become a real hot spot for Panama real estate. Such resorts and residential communites as the Decameron Resort, Barcelo Resort, Vista Mar, Buena Ventura and Las Lagartijas have been springing up along Panama´s Pacific Coast in the last 3-5 years. San Carlos is some 10 minutes from the neighbouring towns of Coronado and Gorgona. About 30 minutes away is the mountain town of El Valle located within an extinct volcano covered in dense and luxuriant vegetation with rivers and waterfalls course through the valley adding to it's rustic character.
Ocean Embassy Panama has purchased of 299 hectares (738 acres) in Playa Corona in the district of San Carlos which will be used to build one of the best aquariums in the world and where it will be possible to swim with dolphins. The resort and park with marine animals means an investment of more than $300 million dollars for Panama over a period of seven to ten years, according to a press release from the company. According to the company's projections more than 400 Panamanians will work at the facility which will offer guests the opportunity to interact directly with marine animals. The Ocean Embassy resort will boast a hotel for tourists, marine-focused activities, lush accommodations, ocean-themed shopping, beach sports, and top-notch dining and spa facilities. Ocean Embassy has announced that, due to Panama's geographical position, they will be looking to attract visitors from Central and South America as the nearest marine animal facility is over 1,100 miles away, in addition to the ever-increasing number of visitors from North America and Europe.
One of the primary advantages of real estate in San Carlos is that there is a significant amount of infrastructure already in place. Such amenities include full scale supermarkets, pharmacies, restaurants of every type and price range, shops, medical clinics, gardening centers, hardware stores, and outdoor markets etc.
The area has beautiful beaches that go on uninterrupted for miles.
|
| | | Back To Top | |
|
| Leisure | | |
The Coronado Resort Golf Course, approximately 10 minutes from Los Altos de San Carlos, is reputed to be one of the finest professional golf courses in Latin America. The 18 hole championship course is a par 72 consisting of 7,092 yards, and was designed by Tom Fazio, who was recently ranked as the #1 golf course designer in the world.
In addition to their championship golf course, Coronado also has professional tennis courts, a full spa with trained staff, outdoor jacuzzis surrounded by beautiful gardens, an olympic sized swimming pool, outdoor jacuzzis surrounded by beautiful gardens, 4 restaurants, 4 bars, conference rooms and exclusive play areas for kids.
Apart from the main resort is a beach club where one can enjoy the beach, sun while sipping on exotic tropical drinks.
Last but not least is the newly built Equestrian Club that has world class equine facilities including air conditioned stalls.
The beaches in the area of Coronado, San Carlos, and Gorgona are a mix of white and volcanic sand, and the various bays and stretches of beaches go on for miles.
|
| | | Back To Top | |
|
|
| Other Details | | |
Los Altos de San Carlos will have on-site management, a reception office, and short term rentals will be permitted.
Los Altos de San Carlos will be promoted for rentals in the U.S.A., Europe, and South America.
|
| | | Back To Top | |
|
|
Back to Property Listings
|
