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Why Retire in Panama? Things You Need to Know About Buying New Panama Real Estate and Resort Property in Central America

According to the Canadian Real Estate Magazine, retiring to Panama can be a wonderful lifestyle experience. Buy purchasing an affordable Panama retirement home in one of the top rated Central America retirement areas, you can live the life of a king and queen with pleasurable amenities and services at your beck and call. A tropical climate, a modern environment and a relative proximity to Canada are all factors that make Panama real estate and retiring in Panama appealing to Canadians. For Baby Boomers approaching retirement and looking to convert their Canadian real estate equity, there are many financial incentives and tax benefits involved in buying a retirement investment home or vacation property in the Panama real estate market. Here are some of the main incentives for purchasing a the best Panama retirement home or vacation property in Central America. Said to be one of the most welcoming environments for Canadian retirees and pensioners, Panama resort retirement communities offers a variety of incentives to entice property investors, including Canadians. These include: foreigners such as Canadians can buy Panama retirement homes and property with the same rights as nationals. Tax on transfer of a real estate property in Panama retirement communities, approximately 2% are paid by the seller. Panama retirement properties up to $100,000 US are exempt from real estate property tax for 15 years and if you are purchasing a retirement home up to $250,000 US, the property tax exemption is up to 10 years. Any purchase of a retirement home in Panama that exceeds $250,000 USD still gets an exemption at 5 years. There is a 50% discount on closing costs and commissions for personal and commercial loans and a 15% discount on interest rates on loans from banks, financial and credit institutions for foreigners such as Canadian retirees. There is also a one per cent discount on interest rates for Panama retirement primary residence mortgages for retirees aged 55 years and up. There is also a 25% discount on utilities for your Central America retirement home and a fifty per cent discount on all recreation and entertainment expenses while living in Panama, Central America.

Retire to Costa Rica Today! Find the best Costa Rica retirement destination resorts

Retire to Costa Rica Today! Find the best Costa Rica retirement destination resorts

Canadian Investors in Panama Retirement Condo Projects – Do Your Research First

Here are some tips when it comes to purchasing pre-build condominium projects or new Panama retirement condo homes. Be careful of pre-build condos in Panama, Central America as you should make sure that the Central America real estate builder is reputable and your deposit is fully protected, should the project not proceed or the company goes bankrupt do to various reasons. Pre-Construction marketing for new Panama retirement communities: Central America Developers market their retirement home projects in Panama very differently to international buyers than they do for locals. Foreigners like Canadian retirees in the recent past have bought units as Panama real estate investments with no real intention of living in Panama or Central America for retirement. Builders generally allow these investors to make smaller deposits upon committing to the retirement home project, which could be beneficial to Canadians. Panamanian Banks – For Canadians buying the best panama retirement homes without cash from equity or financing already arranged may be required to make a thirty per cent down payment on the property. Real estate shows for new Panama retirement communities – be very cautious. There are generally designed to sell new Central America real estate projects pre-development to speculators and flippers, watch out! Project Site Inspection – Visit the Panama retirement home project site before you buy, to examine building construction and see how adjacent condos or other proposed buildings may affect the views from your unit. Warning Signs for Canadian investors in Panama Central America real estate – Be cautious of new projects that are willing to accept very small deposits or down payments stretched over a long period. This could be a sign the developer is desparate or not fully committed to completing the new retirement home project. Also be wary of buildings advertised on land with pre-existing structures waiting to be demolished, for the same reason as the Panama retirement home project may never even start. Competition in Central America new real estate resort retirement developments There are numerous condo projects under way even in Panama City property market, so do some comparison shopping and make sure the one you choose is from a reputable developer.

More about the Punta Pacifica Panama Resort Retirement Community at the Trump Ocean Club Hotel and Condos

Marketing Brochures and Promotional Information from the Punta Pacifica Trump Ocean Club Resort Real Estate – Luxury is Looking Up

Introducing the Trump Ocean Club International Hotel and Condo Tower new to Panama real estate market. Priced from the $400’s USD and now under construction, you can contact a sales representative at 507.209.8786 today for more information or if you live it the US, contact 305.931.6511. You can also visit www.trumpoceanclub.com for more details regarding the Trump Ocean Club Punta Pacifica luxury condos today. The pleasure of Panama. The luxury of Trump. Paradise is Complete. Trump Ocean Club Privileges | Private Beach Club | Wellness Spa | Trump International Casino | Designer Boutiques and Shoppes Gourmet Restaurants | Business Center | Luxury Condominium Residences | Trump Ocean Club Hotel Residences | Trump Yacht Club

Executive Panama retirement condos are now available at the Trump Ocean Club in Punta Pacifica

Executive Panama retirement condos are now available at the Trump Ocean Club in Punta Pacifica

Trumping a Deal in Panama at the Trump Ocean Club International Hotel and Condo Tower

From the Canadian Real Estate Investment Magazine: No one ever accused the Trump Organization of doing something half heartedly, and that’s certainly not the case with one of the company’s latest international ventures at the Panama City Ocean Club Trump International Hotel and Condominium Residences. The real estate world is used to seeing the Trump name attached to massive luxury projects in major cities int eh US and elsewhere in the world, including Toronto, but it’s something of a statement that the company is building a $400 M USD real estate project in Panama City, the tiny South American country about a two hour flight from Mexico, and neighbouring Columbia and Costa Rica. With the Trump Ocean Club International Hotel and Tower in Punta Pacifica, Panama, said to be the largest real estate investment in Latin America, the company says it is walking the walk. Panama, not too long ago considered a country of political and social unease, if not instability, is fully on stable ground now, and Trump wants in. “They’re really doing everything right as a country, and it’s really the reason they’re having athe boom they have,” Eric Trump, the 24 year old executive vice president of development of acquisitions for the Trump Organization, told the Canadian Real Estate Investment Magazine. The country is spending heavily on infrastructure, expansion of the canal to accommodate major international supertankers, its medical system and maybe with Trump’s help, strengthened ties with the US. “They’re really hitting all the elements people want – retirees and Baby Boomers,” says Trump. Not due for completion until 2010, the Trump Ocean Club in Punta Pacifica Panama real estate market is already 80% sold out, Trump says. Prices for the luxury condominiums at the Ocean Club Trump Panama real estate development range from $400,000 USD into the multi-millions. Trump couldn’t estimate the number of Canadian buyers in the project thus far. “We have Canadian buyers in most, if not all of our buildings. In fact, my neighbours in my building [in New York] spend most of their time in Toronto, and we have a project there.”

The amazing hotel condo lobby at the Trump Ocean Club Panama resort retirement condo community

The amazing hotel condo lobby at the Trump Ocean Club Panama resort retirement condo community

Email Blast from Trump Ocean Club – Panama Property for Sale

I just received your inquiry regarding the Trump Ocean Club in Punta Pacifica oceanfront real estate Panama City and wanted to get back to you right away. As you may have heard, The Pre-Sale Trump Ocean Club is not only the largest residential & hotel tower in Latin America real estate market but is also the fastest selling. However, there is still a choice selection of some of the most sought after Trump ocean view residences and they are available at close-out prices, starting from just the $400,000s. You will be privileged to experience a lifestyle at what will be the epicenter of Panama City, where you too can realize ocean condo real estate values that are expected to double in the next five to seven years, and enjoy a 20 year property tax exemption and maintenance benefits at half the cost of other luxury resorts. Construction for the pre-sale Panama Trump Ocean Club International Hotel and Tower Condos is already up to the 18th floor and is on track for completion in Aug. 2010! It would be my pleasure to tell you more about the advantages and benefits that await you as an owner of the Trump Ocean Club in the Panama City real estate market. Please contact me with any question you have so I can provide you with all the details while the opportunity is still available. Best regards, Jeff, Sales Manager, Trump Ocean Club | Panama Cell 011 507 6673-7810 | Fax 305 918 9986.

From the Marketing Desk of Trump International
A Destination Resort All Under One Roof. “I am pleased to introduce Trump Ocean Club, an exciting and exclusive property located in Punta Pacifica, the most distinguished an renowned sector in the city of Panama. I am honored to develop this extraordinary high rise with my partner Roger Khafif of the K Group. Together we are proud that our creation has already become a landmark in Latin America and the Caribbean.” Sincerely, Donald J. Trump. More facts and figures about the pre-construction Panama City Punta Pacifica oceanfront condos at the new Trump Ocean Club Panama: this Latin America real estate development is a Panama Condo-hotel featuring 1, 2 & 3 Bedroom Condominiums plus Bay lofts which are exquisitely furnished. The Trump Panama condominium hotel amenities will include the following features: High-end Boutiques, Wellness Spa, 3 Private Lobbies, 24 hour Concierge and Gourmet Restaurants. In addition, the pre-construction Punta Pacifica condo hotel suites at Trump Ocean Club Panama will have a Parking Garage, 13th Floor- Infinity Pool, 4 Pools on Pier area, Room service and Restuarants. The pre-sale condo hotel residences at Trump Ocean Club Panama City Standard Features include Marble Floors Inside and Out, Stainless Steel Appliances, European Cabinetry and Granite Counter Tops. Other high-end finishes in these Panama Trump Ocean Club condominiums include Frameless Showers, Central A/C and Designated Parking Space(s). All residents and homeowners at the new Trump Panama condo hotel will have exclusive access to the Club at Contadora Island that comes with Restaurants, Infinity pool, Water sports & activities plus Exclusive transportation from Trump Ocean Club to the beach club. Live Ahead of the Curve at Trump Ocean Club in Punta Pacific Panama City Latin America real estate for sale.

The New Panama City Tucan Country Club Resort Development is an ideal Central America retirement community for retirees and baby boomers looking for a recreational escape

Tucan Country Club and Resort – Panama Real Estate Opportunity

We really appreciate your interest in our Panama City Tucan Country Club Resort Panama real estate purchase opportunity and I am delighted to be able to give you some more information about our country club property project, which is currently under construction here in Panamá, about 15 minutes from the city center. We have spectacular views overlooking the Panama Canal, the skyline of Panama City real estate and the fantastic country club and resort that we are building. I am attaching our introductory information sheet for the pre-construction Tucan Country Club Resort Panama City property opportunity to purchase, which explains our Panama real estate resort project, and am also attaching several pictures of the style of presale homes we are offering. All of the roads in the Panama City resort property are being built with beautiful paving stones. I’m sending you all this information so that you have an overall picture of our Tucan Country Club Resort. We are building an excellent golf course, designed by Mr. Jeffrey Myers, the former architect of Mr. Gary Player, and we expect to have our entire golf course ready for play in September of this year. Eleven holes are now open for play. We have a variety of very attractive two and three bedroom pre-construction Tucan Country Club Resort Panama condos real estate for sale, right now. Many of these pre-construction Panama City condo resort units are scheduled to be delivered to the home owners starting in August of 2008. Prices start in the upper $200,000s. As shown in the attachments, the terraced presale Tucan Country Club Resort condos have one owner per floor. The Tucan Panama condos 62A and 64A will also have an elevator, facilitating access to the presales condos. Condos 18A through 60A have stairs (2 to 3 flights). The Tucan Country Club Resort pricelist showing availability is in the attachments as Terrace Condominiums. We have only one rooftop terrace pre-construction Panama City condo still available and it is on your price list as 20A – 200B. It is a very nice new resort residence. This unit is scheduled to be delivered within the next 2 weeks. However, we do have others available.

The Tucan Country Club & Resort is located in beautiful Panama City

The Tucan Country Club & Resort is located in beautiful Panama City

More about this limited offer for these Panama City Resort Condos at Tucan

We are also offering a new, attractive residential resort condominium building with a total of 47 pre-construction Panama apartments (six floors) named the Tucan Country Club and Resort Forest Tower (see attachments for the new building design perspective). These come in 2 bedroom models, are graciously designed and the building has elevators. Prices are also in the $200,000s. Just for your common knowledge, other styles of pre-sales Tucan Country Club Resort Panama City condo homes are also offered including the models “Birdie, Eagle, Albatross and Champion”. The Tucan Panama Resort Albatross has been designed as a single level home should you be interested in that option. (See attached pictures of the models). The Birdie, Eagle and Champion have two stories. The exact price of each pre-construction Panama City resort condo home depends on the size of the home and the lot where it will be built on. You must add the price of the lot to the price of the home to get the final price (on the villa price list). The pre-construction Panama Tucan Country Club Resort homes (houses) with lots start in the $700,000 range. Additionally, we have a pre-sales Panaman City Tucan Panama Resort 7 story apartment real estate complex named the “Eagle’s Landing” with 2 elevators, fitness center and pool (separate from all of the rest of the resort facilities). It borders the lush, tropical rainforest. Prices vary of course depending on size, with the two bottom pre-construction Panama City resort apartments having gardens. I have the layouts and apartment prices in PDF Adobe Acrobat if you are interested. The construction of the foundation and pounding in of the pillars has already started for this Tucan Panama Resort condo building. The Panama resort presales apartments that are still available start at $413,000, 4 per floor, floors two through six. The real estate architectural perspective of the Tucan Panama Resort condo exterior and pricelist are also in the attachments.

The Private Residences at the Panama City Tucan Resort - the Top Central America Retirement Community

The Private Residences at the Panama City Tucan Resort - the Top Central America Retirement Community

Interior Finishes at the Tucan Panama Resort Condos

All of these Panama City housing units come with satellite TV (with U.S. TV stations), full kitchen appliance package, central air, central gas, home security system, high speed internet, marble type master bathrooms and top notch finishes. Tucan Panama Resort Homes are built with concrete block and re-barb, very solid construction. This is just a very brief overview; please feel free to contact me with any additional queries and as I would like to hear from you. I appreciate your interest in the new pre-construction Tucan Panama Resort Condos and please check out our website at www.tucancountryclub.com. Click on “Image Galleries” and “News” and you will see photo updates of the construction that is going on at our beautiful Panama resort real estate project. Maintenance and Membership fees: USD $225 a month for membership and HOA (Maintenance) fees are USD $1.50 per m2. P.S. If you are interested in securing a mortgage here in Panama real estate purchase, we work with 3 different banks; Scotiabank from Canada, HSBC, and BBVA. You may, however, use any bank that you want. General mortgage terms here in Panama resort real estate are up to 30 years, counting backwards from 75 years of age, up to 70 or 80% of the value, variable rates around 6%. Banks will work with you on a case be case basis. Obviously, we also accept cash payments. We are also working with U.S. based mortgage lending institutions at the Tucan Country Panama City resort real estate offering that you may be interested in. Kindest Regards (Saludos), Robert S. Brittain, Jr. of Tucan Country Club and Resort, Republic of Panamá | (507) 211-3472, 316-4156/57 | (507) 6617-9799 (Cellular)

Affordable golf condominiums at the Tucan Resort in Panama City are now available

Affordable golf condominiums at the Tucan Resort in Panama City are now available

Tucan Country Club & Resort Panama Retirement Homes Resort

Golf in paradise. Retire in paradise. It’s a reality! The first phase is already under construction and will be ready for delivery soon at the pre-sales Tucan Country Club & Resort in Panama City, which is a perfect getaway resort home for retired and seniors looking to slow down their pace of life. Tucan Country Club & Resort is a 180 acre real estate development that includes luxury villas, townhomes and terrace condominium located in the Panama Canal Riviera. Just 15 minutes away from modern Panama City, Tucan Country Club & Resort surrounds you with breathtaking nature and a stunning 18 hole, par 72 championship golf course. Villas at the Tucan Country Club & Resort real estate development near Panama City starts from $500s and condominiums start at $280k. The Panama resort real estate development at the Tucan Country Club and Resort will have a security gate as well as a Tucan Club House with gym and spa, tennis court, restaurant and meeting room. Call toll free at 1.800.643.9392 or visit www.tucancountryclub.com for your private paradise in Panama resort property. Project 507.211.3472 and corporate office at 507.225.0990.

The Panama Tucan Villas for Sale

The Panama Tucan Villas for Sale

The Trump Ocean Club International Condo Hotel Tower & Spa - Luxury Retirement Homes in Punta Pacifica Panama City Real Estate Development

There are 3 choices when it comes to buying property at Latin America’s largest master planned residential development at the Panama City Trump Ocean Club along the shores of Punta Pacifica. Trump International presents the Ocean Club condominium residences for full ownership throughout the year in addition to the Ocean Club Hotel Condominiums that are fully managed by their partner company. Lastly, you also have a choice of the premium suites at the pre-construction Bay Lofts at Trump Ocean Club Punta Pacifica, which provide extraordinary finishes, features, services and facilities.

The Luxury Pre-Sale Trump Ocean Club International Condo Tower Residences and Spa Opening Soon

The Luxury Pre-Sale Trump Ocean Club International Condo Tower Residences and Spa Opening Soon

The Trump Ocean Club Condominium Residences For Sale

Unique pre-construction Panama City condo residences at the Trump Ocean Club condominium tower with state of the art technology designed to satisfy every need. Spectacular ambience embraces every inch of your new Trump Ocean Club condo residence here in the Punta Pacifica oceanfront real estate. Open your senses and enjoy life to the fullest, choose one of our five spectacular floorplan layouts offered at the pre-sale Panama Trump Ocean Club in Punta Pacific high-rise tower residences. One, two or three bedroom pre-sale Panama City apartment homes along with Bay Lofts and Sky Villas are now available in the pre-construction Panama real estate development phase. Air conditioning, kitchen appliances, washer and dryer and spacious owners closets are included in every residence purchase at the Panama City Ocean Club by Trump International. Laundry and cleaning services are available upon request for home buyers here. When you are not visiting, leave it all to Trump Ocean Club staff who will take care of your Punta Pacifica oceanfront condo like their own. Here are some of the Trump Ocean Club condominium residences for sale including the Sorrento layout that features three bedrooms with a total area of 4251 square feet or 394.90 square meters. The 3 bed Topaz floorplan features 2071.19 sq ft of total living space or 192.39 sqm. The Topaz on Floor 16 actually has two bedrooms. The Capri layout at the pre-construction Panama City condo residences at the Ocean Club Trump condominiums features 1656 sq ft or 153.81 sqm of living space and 2 bedrooms. There are three Riviera floorplans at the Punta Pacifica Ocean Club condominiums for sale that feature 1 bedroom suites between 1035 sqft and 1081 sq ft in total living space on an angle too. These truly amazing oceanfront Panama City condos are now available at affordable pre-sale pricing, so act today and invest for the future.

The Interior Living Room of a Panama City Trump Ocean Club Condo Apartment

The Interior Living Room of a Panama City Trump Ocean Club Condo Apartment

The New Trump Ocean Club Hotel Condominiums for Sale

A new generation of Latin America real estate investment is coming to town. The Trump Ocean Club Hotel Condominium residences will be managed and administered by the Trump Organization’s Hotel Group. A perfect place, designed with the latest technology, to relax and enjoy a season at your convenience, with all the luxury and comfort an exclusive Latin America hotel has to offer. These luxurious suites at the pre-construction Punta Pacifica Trump Ocean Club Hotel Condominiums in Panama City real estate market provide the perfect blend of second home ownership with destination travel for those investors who want a piece of paradise but not for the entire year. Escape the winter and create your home at the new pre-sale Trump Punta Pacifica Ocean Club Hotel Condominiums right now by selecting your hotel condo residence that best suits your lifestyle. Enjoy some of the most luxurious amenities and hotel features that you could ask for during your trip to Panama City in Latin America where you will find boutique residences at your disposal that are more like a second home than a hotel room. The new Trump Ocean Club Hotel Condominium follows on the success of previous condo hotel real estate developments by Trump International and allows you to rent out your second home during the months that you are not using it. This allows you to create passive cashflow from rental income, and sometimes even pays for your destination travel down to Panama City during the year. How good is this arrangement! The pre-construction Panama City Trump Ocean Club Hotel Condos present two beautiful, comfortable and flexible architectural floor plans. All pre-sale Trump condo hotel residences at Ocean Club Punta Pacifica real estate development have air conditioning and terraces and all rooms have spectacular views of the ocean. A wealth of studio condo hotel apartments are still available at this oceanfront Punta Pacifica property development that includes Type B which is 509 sq ft, several Type A layouts that are around 526 sq ft, Type C at 543 square feet and Type D studio apartment at a larger 636 square footage. There are also Trump Ocean Club Hotel Condominiums Suites including the A floor plan that is 1053 sqft or 97.84 sqm, Type B at 1031 sq ft or 95.76sqm and Type C at 1081 square footage. The luxurious oceanfront Trump Ocean Club Panama City condo mini suite 35 features 808 sq ft along a wing of the building. There are also four studio deluxe hotel condominium suites at Trump Ocean Club available. More information and floor plans are available online at their marketing site.

Amazing Amenities Await at the Oceanfront Condos and Bay Lofts at the Punta Pacifica Ocean Club by Trump International

Amazing Amenities Await at the Oceanfront Condos and Bay Lofts at the Punta Pacifica Ocean Club by Trump International

The Luxury Bay Lofts at Trump Ocean Club Panama Real Estate for Sale

The pleasure of exclusivity is now available at the master-planned luxury oceanfront Panama City real estate development at the Trump Ocean Club. Located in Punta Pacifica beachfront real estate, the privacy of your own fully furnished pre-sale apartment at Trump Ocean Club bay lofts presents comfortable, efficient and refined living spaces with hotel services. The Trump Ocean Club Bay Lofts for sale has reserved its best spaces – an attractive and refined Latin America real estate product, exclusively for highly selective clients who appreciate the details of sophistication design and demand the highest dedication and service. We will build Bay Lofts at Trump Ocean Club in Panama City real estate starting from 57 square meters, for you to enjoy the ultimate level of personalized service, each with a spectacular view to the Trump Marina and the full relaxing sensation of the Pacific Ocean. Some of the one of a kind services provided to home owners at the Trump Ocean Club Bay Lofts for sale in Panama City real estate market include: 24 hour valet parking and chauffeur driven limo service by appointment in addition to shuttle bus service to and from Tocumen International Airport which takes approximately 15 minutes each way. Also, there are other shuttle bus services for homebuyers at the pre-construction Punta Pacifica Trump Ocean Club Bay Lofts that include the new Punta Pacifica Hospital, MULTIPLAZA shopping center and the Punta Pacifica Strip Mall and Supermarket. Homeowners at the pre-sale Trump Ocean Club Bay Lofts residences for sale will also receive mail delivery service and access to all of the Ocean Club services in addition to maintenance of private and common areas. The Panama City Bay Lofts along the oceanfront of Punta Pacifica will also provide private property management services that will but your Trump condo into a rental pool (short, medium and long term rentals) including housekeeping and maintenance if you wish. Other services provided at the pre-sale Bay Lofts Trump Ocean Club Panama real estate include auto rentals with or without chauffeur in addition to 24 hour medical service and the Spa which offers massage services in your residence. The Bay Lofts in Punta Pacifica Trump features studio residences that have a total area of almost 700 sq ft at six hundred and ninety five. The one bedroom Bay Lofts at Trump Ocean Club are much larger at 1077 square feet or 100.03 sqm in size. The two bedroom corner suites are the largest of the Panama City oceanfront Trump Ocean Club Bay Lofts at 1717 square feet. For more information, please click here.