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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.

The Panama City Retirement Homes at Ocean Breeze Rio Mar Beach Resort Property for Sale

Ocean Breeze Rio Mar Beach Resort in Panama City Real Estate

Enjoy Ocean Breeze resort condominiums in Panama City resort real estate market. The Rio Mar Beach in Panama City property market now offers Ocean Breeze condominiums that start from 1,022 square feet (or ninety five square metres) as well as larger 1312 sq ft (or 122 square metre) recreational condo homes. The pre-construction Panama City Ocean Breeze condos along the beautiful stretch of Rio Mar Beach start from an affordable recreational property price of $187,000 right now. Apartments are perfect for retired couples and seniors at Ocean Breeze Panama City resort property will include living and dining rooms, open kitchens and built in suite laundry. Also, the pre-sale Panama City Ocean Breeze condominiums can also be said to be a retirement community will have open air balconies with great beach and water views in addition to an appliance set included. All pre-construction Panama resort condos at Ocean Breeze Rio Mar Beach recreational retirement condominiums will have air conditioning and two bedrooms plus a bathroom and a resort parking lot for your car. The community will also feature a social area with beach view, pool, Jacuzzi, bar and bohios in addition to in suite cable tv and internet available in the area. The Rio Mar Beach Ocean Breeze Panama City condos will have an in house janitor, two elevators and sixteen plus surf breaks in the area for those who enjoy the outdoor recreational options here. These perspectives of this Panama City retirement community development are conceptual only and should not be relied up on as a representation of the final design, details and/or surroundings. The Panama City resort real estate development at the pre-construction Ocean Breeze condos along the beautiful Rio Mar Beach include an 18 hole golf course, first class hotels, casino, restaurants and spa, jet ski and boats rental for fishing and just seventy five minutes from downtown Panama City real estate. The pre-sale Rio Mar Beach Ocean Breeze resort condominiums are located at 507.270.0070 or email info@udecopanama.com. The real estate developer for this Panama City Ocean Breeze condo development is Udeco United Development Company, Inc.

Ocean Breeze Rio Mar Beach Resort Real Estate For Sale!

Now from just $187,000, you can own an oceanfront condominium at Rio Mar Beach in Panama real estate market. Offered by UDECO United Development Company, Inc., the Rio Mar Beach Ocean Breeze resort real estate development features condo suites that are either 1312 square feet in size or 1022 sq ft. Close to the Rio Mar Beach resort at Ocean Breeze Panama includes an impressive eighteen hole recreational golf course, restaurants and spas and plenty of outdoor recreational pursuits including boating, fishing and jet skiing the warm waters of the Rio Mar Beach Resort, just seventy five minutes from downtown Panama City. In addition, you will be close to casinos and first class hotels at the Panama Ocean Breeze resort condominium oceanfront properties that feature a living and separate dining room, parking lot and appliances. Also, all suites at the Ocean Breeze Panama resort real estate development will have air conditioning in addition to two bedrooms with bathrooms. Open concept floor plans are also standard in these Rio Mar Beach Panama Resort oceanfront condos as are balcony with water views. The pre-sale Panama resort condos at Rio Mar Beach Ocean Breeze condominiums will also have community amenities that include two elevators, 16 plus surf breaks in the waterfront areas, an in house janitor as well as cable TV and internet. Other amenities provided at the pre-sale Panama condo resort at Ocean Breeze Rio Mar Beach resort includes a pool, Jacuzzi tub, bar and bohios in addition to a social area with beach views.

Altos del Maria Panama Retirement Community - Best Retirement Homes in Panama, Central America Real Estate

Live in a Panama resort real estate property surrounded by nature in an exclusive mountain community. Altos del Maria Panama retirement resort community is an exclusive mountain residence located in the heart of Panama (Central America) with perfect year round temperature (from sixty eight to seventy eight degrees), no hurricans, no earthquakes and breathtaking views of natural surroundings. A paradise many retired Canadian seniors choose as their new home town. Altos del Maria the peak of your life are now available for pre-sale purchase in the Panama resort retirement real estate market. The Altos del Maria resort in Panama features: only thirty minutes from the beaches, beautiful homes, biking trails, rivers and waterfalls, 24 hour gated entrance and bird watching facilities in addition to a great economic incentive for retirees. The Panama Altos del Maria retirement seniors living community can be reached for more information t 1.866.70A-LTOS or send a email to carp6@altosdelmaria.com. Also, you can get more information online at the Panama resort at Altos de Maria web site at www.altosdelmaria.com.carp6.

The Top Rated Retirement Homes at Altos del Maria Panama Central America

The Top Rated Retirement Homes at Altos del Maria Panama Central America

Available Lots at Altos del Maria Panama Real Estate for Retired Seniors

Thank you very much for contacting us. My name is Erick Edwards; I’m an international sales representative for the Altos del Maria Panama City real estate development. It would be a pleasure to advise you concerning property in Panama and our new Panama City real estate development at the Altos del Maria community resort, so feel free to contact me at any time. Altos del Maria resort neighbourhood in Panama real estate is a 24/7 controlled entrance mountain pre-sale community with spring like temperature year round; great views of the valley, mountains and ocean. Our full ownership real estate Panama City property development is only 30 minutes away from the 1st of a string of beaches along the Pacific coast and just 1 hour and 20 minutes from Panama City. Here’s some general information concerning the pre-construction Panama Altos del Maria real estate development; At Altos del Maria gated community we specialize in selling presale lots and our home owners build their homes any way they want. The prices for the Altos del Maria home lots range from USD$45,000 to USD$250,000 depending on the morphology of the lot, its size and view. The sizes of the lots go anywhere from ¼ acre to 2 acres. Right now we have around 200 pre-construction Panama City lots available. (Please see attachment for currently available lots). There are no time restrictions, you can buy your presale Altos del Maria Panama home site lot today and start construction tomorrow or in 10 years, it is completely up to you. Construction costs are between USD$50.00 and USD$70.00 per square foot depending on the materials and finishes you choose. Recently, we inaugurated a new presale Panama real estate lot subdivision, Asturias at Altos del Maria Panama Resort real estate, its elevation ranges between 2400 – 3100 feet above sea level and all of the lots have great mountain views and some also have views of the Pacific. This Altos del Maria property subdivision is located practically half the distance between Sora and El Valle de Anton, on our private road. There are a total of 110 lots in this Panama subdivision currently for sale.

The Home Lots for Sale at Altos del Maria are Now Being offered to Retirees Looking to Invest in Panama Real Estate

The Home Lots for Sale at Altos del Maria are Now Being offered to Retirees Looking to Invest in Panama Real Estate

More from this Panama Altos del Maria Lot Development

We also sell homes already built. Our houses range in size from 1,500 to 4,000 square feet and in price from $185,000 to $320,000 (including the lot). You can take a look at the different models and their floor plans at http://www.altosdelmaria.com/housemodels.aspx. Please don’t hesitate to contact me, if you’d like more information concerning the pre-construction panama City houses we offer. The maintenance fee is $25 per month, if you pay 12 months at a time, you’ll get a 10% discount ($283.50 for the year). It covers, the 24/7 manned gates, maintenance of the roads, parks, trails, observatories and green areas. There are several reasons why people are relocating to Panama real estate, the stable government, the strong economy, the excellent and reasonably priced health care, low cost of living and pleasant people. And from the Altos del Maria perspective; you can add, always spring like weather, fresh air, and natural beauty. There is also a certain visa status that gives discounts for many services throughout the country. If you have any questions concerning immigration, foundations, corporations or legal advice in general, I can provide you with the contact information of a good lawyer. At this point, I suggest visiting the FAQ (frequently asked questions) section of our Panama City Altos del Maria new lots for sale web site: http://altosdelmaria.com/faq.aspx. You can also find hotels and general information about Panama at www.viapanama.com. If you are planning to visit Panama property, please feel free to contact me at erick@altosdelmaria.com and let me know from what day to what day you will be in Panama and you can suggest a date and time and I’ll confirm our appointment for viewing the new lots and homesites available at the new Altos del Maria real estate development in Panama. I’m based out of Panama City and I go to the property development by appointment only, so it’s important for me that you contact me when you’re ready to visit the real estate development at the Altos del Maria Panama community. I’d be delighted to pick you up at your hotel or meet you so that you could follow me to the development. Please advise me in advance to plan accordingly. Regards, Erick Edwards, International Sales Rep., Altos del Maria | 507.6.672.0840 | erick@altosdelmaria.com.

Perfect mountain and forest views from your private retirement villa here at the best Panama retirement community for active adults

Perfect mountain and forest views from your private retirement villa here at the best Panama retirement community for active adults

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