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3 bed single Family Homes in Panama

Discussion in 'South America - Property For Sale in South America' started by gsinker, May 7, 2008.

  1. gsinker

    gsinker New Member

    3 Bedroom Homes with Awe Inspiring Ocean Views just 20 minutes from Panama City. The homes will be constructed on terraced lots which are roughly 600-650 m2 in size. Each lot boasts gorgeous views of the Pacific Ocean, and islands of the Las Perlas Archipelago (Pearl Islands) as well as ships waiting to transit the Panama Canal.

    The homes will consist of a kitchen, living room, dining room, 3 bathrooms, 3 bedrooms plus an additional maids room all on one level. Each of the 8 homes in the development will also feature a roof top terrace to take full advantage of the gorgeous views.The Homes in Majagual are on terraced lots and as such have panoramic views of the Pacific ocean and distant views of ships entering the Panama Canal.

    Majagual is a fishing town located just 20-30 minutes from Panama City. The real estate in this area of Panama offers beautiful ocean views and beach frontage within a distance of the city that can be commuted daily. The drive ranges from about 20-30 minutes to downtown Panama, and only 10-15 minutes to get to Balboa, Panama which has just about everything one could need or want for everyday living including shopping malls, domestic airport, full scale grocery stores, farmacies, video rentals, vet and medical clinics, and post offices.

    Former US Howard Airforce Base which is located just in front of the area of Majagual, and former Rodman Naval Station recently received approved legistlation to become a free trade zone for the Pacific Ocean.

    The real estate located along the West Bank of the Panama Canal, was not available for any type of development until the Panama Canal was turned over to Panama in the year 2000. Given the geography and current growth of Panama City, along with the breathtaking views of the Pacific Ocean and Panama Canal, and the proximity of the real estate along the West Bank of the Panama Canal to Panama City, it is inevitable that this area will soon prove its worth as a real estate investment. The first of the developments to go up along this precious strip of real estate, is a Resort area on the road to Majagual, about 5 minutes from the actual area of Majagual. The resort is was built by InterContinental Hotels Group (IHG), the world's largest and most global hotel company, and Empresas Bern, Panama's largest hotel and tour group operator.

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