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Tropical Marina & Beach Resort
Sale
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| Price: |
USD 323,430 |
| Listing Type: |
Sale |
| Property Type: |
Business |
| Style: |
Not Applicable |
| Year Built: |
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| Location: |
Portobello Colon |
| Directions: |
(Get Yahoo Driving Directions) |
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| Bedrooms: |
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Half Bathrooms: |
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| Bathrooms: |
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Lot Size (acres): |
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| Basement: |
Not Applicable |
Size (square feet): |
108 m²/ 1,163 ft² to 178 m²/ 1,916 |
| Garage: |
Attached |
Garage Cars: |
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| Agent Commision (%): |
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Winter Tax / Summer Tax: |
/ |
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| Appliances Included: |
Additional Out Buildings: |
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| Features: |
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Description:
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Portobello has one of the most beautiful white beaches in Panama. This unique investment project consists of 20 bungalows situated on the reef and two 5-floor apart-hotel Buildings. The units will include just 10 Penthouse and 54 Suite apartments to be managed exclusively by an international hotel operator. The 20 bungalows will not be offered for sale, but will be maintained by the hotel operator and will still contribute to the overall rental pool to be shared by the 64 individual unit holders.
Amenities and facilities:
The development will be built as a fully furnished turnkey project prepared for rental management by the hotel operator. Investors will enjoy participation in the apart-hotel’s investment pool and profit sharing will be distributed in proportion to the number of units each investor owns.
• Sailing
• Sports fishing
• Beach activities
• Sports diving
• Swimming pool
• Luxury spa
• Gym facilities
• Bar & restaurants
Based on conservative estimates, investment into one of the limited apart-hotel units in Tropical Marina & Beach Resort will yield 9%-33% cash-on-cash return per annum.
Investors will also enjoy many other incentives and benefits granted by the Republic of Panama in which tourist activities are promoted. These include, but are not limited to, income tax Exemption for 15 years and real estate tax exemption for 20 years.
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Submission Date: 09-11-2008
Last Update: --
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bungalows [ 2008-09-11 ]
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View from Balcony [ 2008-09-11 ]
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Condos [ 2008-09-11 ]
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Master Plan [ 2008-09-11 ]
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beach [ 2008-09-11 ]
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Beach Resort's Bar [ 2008-09-11 ]
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Pool Area [ 2008-09-11 ]
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