3 Unit Ocean front Complex
With views of the Panama Canal
DB-TC-100prop
Property # DB-TC-100
Excellent views of the Pacific entry to the Panama Canal and several islands including Taboga.  A variety of fruiting trees such as mango, rose apple, keylime, almond, banana and avocado.  A basketball court, and colorful, tropical,gardens.  Last but not least, the apartments are exempt from property taxes for 10 years as a result of local incentive laws.

This 3 unit complex on the Panama Canal is made up of 2 apartment units and a loft.  The property has about 33 meters of Pacific Ocean Beach frontage with vistas of the ships anchored awaiting their turns to transit the Panama Canal and several outer islands of the Las Perlas Archipelago (Pearl Islands).

The property is located in an economically attractive area in front of the former US Howard Airforce base.  With the rapid rate of development and investment into Panama, this beautiful beach front area, located just 20 minutes from Panama City, will surely become a hot commodity.

The top level apartment is a loft, with cathedral wood ceilings in the living area which is surrounded by sliding glass windows to take advantage of vast ocean views.

The lower 2 story apartments each have screened in porches adjoining the living room and screened in balconies adjoining the master bedrooms.  Throughout the house are beautiful hand made mahogany french doors, and imported ceramic tiles.  Each apartment has maids quarters and bathrooms with covered car ports.

The three apartments could be converted to Condominium ownership.  Each of the three apartments consist of about 200 m2 (about 2,200 SqFt), 3bdms, 3 baths, each.

See pictures below.  The sale price of this apartment complex is $375,000.  If you are interested in this property write to me, Dino Barkema, at chagres@tierrasaltas.net


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