Bala Beach Resort - A Caribean Beach project

For the past seven years Tropical Pathways has been assisting international investors realize excellent return on their investments. We do this by providing opportunities that position you in the strongest equity building position - at the front end of a development.

Buying property in Panama is safe and easy, if you follow a few simple steps. Foreigners enjoy the same property rights as Panamanians. So let's get to it...

Caribbean Coast Condo Resort
We would like to introduce you to a project on the Caribbean coast-Panama's new "Gold Coast".

This gated community is located 55 minutes from Panama City, between Colon and Portobelo, on the Caribbean Coast. The development is scheduled to start construction in August (dependant on finalization of permits) and has just recently begun selling units within two 10 story buildings. We recommend buying in Building #1.

Prices for building #1 start at:
$67,500 for Studios (45 sq. meter./484 sq. ft.)
$97,500 for 1 bedrooms (65 sq. meter./700 sq. ft.)
$128,500 for 2 bedrooms (85 sq. meter./915 sq. ft.)
$203,000 for 3 bedrooms (130 sq. meter./1,399 sq. ft.)
$243,000 for Penthouse with Roof Terrace (190 sq. meter./1937 sq. ft.)
There is currently a $1,000 bump for each story.

The project requires a total down payment of 40% which is tied to construction: 10% at signing, 10% upon commencement of construction, 10% 90 days after commencement, and 10% 180 days after commencement. The balance of 60% is due at completion.

We recommend purchasing property in Panama via a corporation. The promoter of this project has agreed to provide clients of Tropical Pathways with a new corporation, a $1,200 savings to you.

Property management will be available with the delivery of the first units. We expect the rental market for these units to be high due to growth in the general area (see below). We conservatively forecast 20%-30% appreciation between now and delivery.

Here are a few growth indicators that will positively affect the area around this Beach Resort:

New International Merchandise Mall in Colóns

Earlier this year, it was announced that the Atlantic town of Colón would be the site of Panama's first wholesale merchandise mall, dubbed Panama International Merchandise Mart (PIMM). Now, developers of the billion-dollar project say the money is rolling in and discussions with the World Bank may result in a $50 million loan.

Panamanians Support Canal Expansion
Voters in Panama have overwhelmingly approved an ambitious project to expand the country's famous shipping canal. The upgrade to the Panama Canal is expected to double its capacity.
In a nationwide referendum, people voted by a margin of four to one to back the $5.2bn plan, which involves building a new channel and new locks. Many modern container ships are too large for the 50-mile (80km) canal linking the Pacific and Atlantic. Work on the expansion plan is due to start in 2008 and be completed in 2014. Panamanian authorities say it will generate thousands of jobs centering on the Colon area.

Portobelo Will Become a Historical Tourism Area
The Panamanian government is currently developing a plan to enhance tourism in the greater Portobelo Bay area. This includes restoring the Fort and adjacent buildings, all aimed at preserving and showcasing this important historical area for future tourism growth.

The Beach Resort sits approximately 25 minutes from both Colon and Portobelo, the perfect position to benefit from growth in both areas.

These units are selling quickly! Please contact us to discuss this opportunity in further detail.
info@tropicalpathways.com
Lyle Burke & Tony Moreno
USA 830-980-5936