Deluxe Condo for Sale in David, Chiriqui, Panama

10 Year Tax Exemption!

10 Year Tax Exemption! - New Villa Garden Level Condos
TROPICAL “DELUXE VILLA-STYLE CONDOS” in Cuesta del Sol – Phase III
Asking Price: $129,900 - $149,900 USD
Under Panama’s ‘New Construction Program’ residential units with a value of under US$150,000.00 qualify for a 10 YEAR PROPERTY TAX EXEMPTION on the improvements made to the property. These NEW VILLA GARDEN LEVEL CONDOS qualify and you pay only a land tax of approximately $50.00 per year, saving you over $2,300.00 per year in property taxes. The condos also have a low HOA fee of under $150.00 per month.

The Project is built to North American standards by a Canadian developer in the tropical city of David, Panama. Cuesta del Sol – Phase III is a Vacation/Retirement gated development with local management by the Canadian developers.

Situated on a gently terraced hillside with cool breezes, the complex includes all amenities with large covered patios, appliances and air conditioning. There are sixteen outstanding deluxe Villa-style condos are located close to the town center, situated on a landscaped, gently sloping property and includes amenities such as a pool, covered parking and private storage, six deluxe appliances and air conditioning.

David is a vibrant and growing commercial, government and tourism center and one of Panama’s most important cities. An extensive upgrade of the international airport has been completed and direct flights from the North America will soon be offered.
The city boasts a marina with moorage and storage, great hotels, casinos, fresh markets for the locally grown fruits, vegetable and other produce and shopping galore. Also there are extensive, modern shopping areas and many fine dining & local restaurants. In the health services sector there are Excellent Medical and Specialists services, high quality and inexpensive Dental services, low-cost Health Plans, Private Hospitals and Emergency Clinics and other quality low-cost elective medical and therapeutic services, like cosmetic surgery.

Enjoy a Cost of Living at a fraction of the cost of North America, Retiree benefits program, tranquility, safety, a warm almost insect free climate and no floods or hurricanes to worry about.

"Cuesta del Sol Condominiums - "Tropical Luxury, Fractional Ownership”.
$3,000 refundable deposit reserves your unit.
Phase III is in the final planning phase with construction beginning 2014.
Phase I and Phase II -- SOLD OUT –

The Developers Guarantee to BUY BACK YOUR UNIT if you are not completely satisfied with the quality upon completion of the project. This is an outstanding opportunity to own a piece of paradise.

Web site: , inquire for more details!!!