Friday, June 29, 2007

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

Friday, June 22, 2007

Panama Real Estate Investment Tour

We would like to tell you about Tropical Pathways Investment Tours to Panama, a wonderfully diverse, vibrant country that welcomes visitors with open arms. In just little over three hours by air from Houston or Miami, you can be immersed in a wonderfully different vacation experience.

You will be greeted at the modern Tocumen International Airport by Tropical Pathways and taken to the Country Inn and Suites, located on the Panama Canal in Panama City. Monday night, Tropical Pathways will host a welcome party complete with wine and appetizers, where you will meet our guest speakers and local expates in a relaxed, informal setting.

Your week long tour also includes;

Investment Strategies Seminar--We will discuss retirement options, medical services, offshore corporations, banking laws, residency programs, real estate laws, and building costs. We will view real estate bargains in Panama City, Playa Blanca, Volcan, Boquete, Bocas del Toro, as well as discuss business opportunities in these areas.

From Panama City we will fly to the provincial city of David. We will travel from David, by motor coach, to Volcan. This area is quickly becoming very desirable in regards to Panama real estate investment or retirement opportunity seekers. We will visit the various properties, in this up and coming region. The first U.S. settlers that arrived in the early 1900’s in Volcan named it “La Nueva California” (The New California) because they found that the climate, and the mountainous prairies surrounded by green forest hills, were very similar to their beloved State of California. We will then travel by coach to the highlands to Boquete, a world famous coffee growing area, where you will meet the developer of Los Molinos, one of Panama's premier residential developments. -Boquete, Listed #4 in the top 5 places (2001) to retire abroad by the AARP, has it all. A wonderful climate, natural beauty, friendly locals, and low cost of living, are just a few reasons why Americans and Europeans are settling in this pristine valley. You will meet local realtors and have the opportunity to visit a variety of properties currently on the market. We will be staying at the Boquete Garden Inn, and spend two days exploring this region.

After visiting Boquete, we fly to Bocas del Toro for a Caribbean experience, and look at additional properties including a boat tour of the area. We will visit the new beachfront residential project, Sunset Beach Club. You will have an opportunity to meet with a local realtor and plan to visit properties of particular interest to you.

These are just the highlights; there is much, much more in this experience, which is not to be missed. For you travel bargain hunters get your calculators out. Our Investment Tours include accommodations, ground transport, breakfast and lunch daily, in-country air fare, and activities noted on our itinerary. We know that you could not experience all that we offer at a better price.

The group sizes are limited and bookings have already started---to insure your place, we recommend that you make your reservations right away.

We are offering our one-week Tour, ground only, for $1,399 per person based on double occupancy. Our ground only package has you book your own flights to and from Panama City. For single occupancy supplement, add $150.

This offer is good for our upcoming Tours on:
July 29-Aug. 5, 2007

For further information visit our web-site
http://www.tropicalpathways.com/
or call us at 1-830-980-5936

We look forward to meeting you,

Wednesday, June 20, 2007

Panama, a country of new possibilities with old world charm!

Decisions, decisions, decisions ... what a delightful dilemma! Do I buy a seaside villa on a gleaming white sand beach in the rustic archipelago of Bocas del Toro? Or do I move into a Panamanian mountain chalet, my private pasture filled with horses for my usual sundown ride, in Boquete, one of the most desirable retirement areas in the world? Or do I renovate a mansion in Casco Viejo (old town), returning it to its original glory of pristine white, fringed with gaily colored shades, in Panama City ... which some say is the next Hong Kong of the Western world?

Perhaps you’d like to take a closer look?

You can easily do this. There is no need to limit your imagination ... Panama is ready to welcome you with its endless possibilities ... all without stretching your wallet.

With the warmth of the Panamanian people, fostered during the 100 years the U.S. operated the Canal, it is not surprising many Americans felt more than welcome to stay, even after the transfer of the Canal on December 31, 1999. And so they opened businesses, invested in land, renovated classically built mansions, and constructed new homes to fulfill their dreams.

Panama is still a bargain, but not for long.

It is not too late for you to have a part of this “Paradise” for yourself ... but only if you act quickly. As you enjoy our Panama vacations you will discover the best values for real estate in Panama.

Tropical Pathways Investment Tours, unlike any you’ve ever experienced, will help you uncover the possibilities.