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RE/MAX Caribbean Islands
Listing#: 101198 Asking Price: $323,500


Cloud Nine Realty

Listing Type: Residential
Bedrooms: 2


COSTA SUR CLUB PIJAO is located in the most exclusive and growing residential area in Panama City, which is the CORREDOR SUR. In just 5 to 10 minutes you can visit the biggest malls in Panama City, the best restaurants, supermarkets and many other facilities of our wonderful country. Lower level: • Living and dinning room • Family room • Open kitchen • Spacious covered back terrace • Bath for visitors • Maid’s quarters • Double covered parking Upper level: • 3 bedrooms with private bathrooms and walk in closet • Master bedroom with spacious bathroom with double sink • Balcony in the master bedroom • Family room The listing agents for this property travel extensively to find the best investment opportunities in established and emerging markets. They work as a team with other professionals in the various countries to provide you with comprehensive advice on all legal and financial aspects of purchasing property there. Their aim is to ensure that you have all the facts you need to make an informed decision, avoid costly mistakes and achieve maximum return on your investment. Is Panama For You? Some Key things to Consider Location Panama is well connected internationally with direct flights from several US locations, and European cities. Economy Panama’s economy is based on the U.S. Dollar, and rests primarily on a well developed service sector which accounts for three quarters of GDP. Services include operating the Panama Canal, banking, the Colon Free Zone, insurance, container ports, flagship registry, tourism and real estate development. Banking System Panama is an international banking centre with over 115 national and international institutions. Mortgage programs and beneficial rates are readily available. Real estate developments have plentiful access to stable and healthy Dollar funding for the building industry. Primary and second home mortgage opportunities are offered for nationals and foreigners. Safety Crime in Panama is extremely low. Violent crime is nearly non-existent. Infrastructure Panama City has a U.S. or European-like infrastructure with modern interstate highways, glass high-rises, new suburban gated home communities, world class shopping malls and five star hotels and restaurants to enjoy. Low Price You can expect prime beachfront property at prices 50-75% lower than in comparable U.S. and European locations. Panama’s housing architecture and city infrastructures resemble US-built homes at a fraction of the cost. Health Care Panama’s hospitals are on par with U.S. or European facilities, at a fraction of the cost. The new Punta Pacifica Hospital is affiliated to the world renowned Johns Hopkins Hospital, generally recognized as the leading healthcare institution in the U.S.A. Climate Panama has a year-round sunny climate with temperatures in the 80’s. The climate is similar to the Caribbean but with no hurricanes. Panama also lies outside any of the major fault lines and is therefore outside the earthquake zone. Geography One can choose real estate in cool mountainous areas or beautiful and fascinating nature in the rain forest. Beach lovers may choose between the calm turquoise waters of the Caribbean or the dramatic waves of the Pacific within just an hour’s drive of each other. Panama also boasts cool mountain rainforests, vibrant urban life or the paradise and ultimate indulgence of your own private island. Social Opportunities Join thousands of international residents from the U.S.A., Asia, Europe and Latin America in a country that has excellent social opportunities. English is widely spoken and understood. Culture Panama is a mix of U.S. and Latin American cultures. Enjoy a fun, laid-back lifestyle with all the comforts and mindsets of the U.S.A. and Europe. Other Considerations Excellent shopping, great restaurants, good schools, fast internet service, quality construction, world class fishing, diving, snorkelling and sailing.

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