Condo/Hotel in Panama City, Panama
World Class Investment in Panama City - Intl Hotel/Condo
I3 development group is seeking an investor or investor group with 3.5 million US dollars to secure the remaining 20% of the project.
Background on this Development: The initial offering, Panama Project I, is located in the El Dorado district of Panama City. This exclusive hotel offers accommodations completely equipped with services as such restaurants, spa facilities, parking spaces, stores, a business center, domestic services, a complete social area with swimming pools, as well as a full array of hotel services. It is in close proximity to the site of the new 70M USD Embassy which is going to be the biggest American embassy in Latin America.
Panama City, Panama, has proven itself to be one of the most dynamic markets worldwide. The severe lack of hotel accomodation/rooms makes this market one of the most attractive in the world. Current occupancy rates in Panama City are in the high 90 percentile. Current studies by the Government of Panama indicate that with projected growth rates 25,000 new hotel rooms will be needed in the next 5 years. Currently only a few thousand are either in the construction or conceptual stage.
Panama Project II follows the extremely successful Panama Project I. Investors in Panama Project I are poised to receive phenomenal returns and equity on their investments. The 222 units sold out in less than 18 months.
Panama Project II already has a long list of suite investors waiting for the new offering. The development group expects that the project will sell out in less 12 months.
We are seeking a development /investment partner who is interested in investing and taking a 20% position for 3.5M USD. The investor should expect, conservatively, to double their money in 30 months. However, much larger returns are most likely, depending upon how the investment group decides to allocate the sales of the units.
Why Panama?
The project is considered by Panama law as being Horizontal Property, which allows the investor to obtain Title Deed for each particular apartment and mortgage financing of up to 80% of the selling price.
More excellent investment advantages:
*Zero Tax on Income Derived from Hotel Investments
*Zero Property Tax
*2nd Largest International Banking Center in the World
*No #1 Fastest Growing Economy in the Western Hemisphere
*Top Offshore Havens Globally
*10 Billion Dollar Investment in Expansion of the Panama Canal
*Dollarized Economy
*2nd Largest Free Trade Zone in the World
*Massive International Investment in Panama's Real Estate & Industry
INVESTMENT SUMMARY
I3 is seeking an investor or investor group with 3.5M USD to secure the remaining 20% of the project. The investor or group should expect at minimum to double their investment over a 30 month period with much larger profits expected by the development team.
Please reply via e-mail for a detailed information pack. Please be advised that the execution of a non-disclosure agreement (NDA) will be required prior to receipt of any further information.
I3 Intelligent Investments International
Suite 16104, APBO O832-01235, Panama City, Republic of Panama
is working in conjunction with
GPME - located at Kifissias 62 & Premetis 1, Marousi, 15125, Athens, Greece
on this development offering.
Contact:
Ms. Georgia I. Lainiotis, via email at glainiotis@ or by telephone/fax
t: +30 210 810 1561 f: +30 210 202 2722
About This Property
Category
Investing/Development
Sold by
Company
Reference
panama-i3
Address
Panama City
Panama
Panama