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Property Details

Property Description

2 bedroom, 2 bathroom town house unit situated on a hill offering fantastic views of the Golf Course, Panama Canal and Panama City Skyline. The Condo consists of:

  • large living
  • dining room
  • kitchen with adjacent laundry area
  • 2 generously sized bedrooms
  • 2 bathrooms
  • over-sized L-shaped terrace. 

The Condo has recently undergone extensive renovation inside and out, including the balcony.  The furnishings are only two years old. Ceramic tile flooring throughout, travertine floors and wall tiles in the bathrooms.

The kitchen is equipped with stainless steel GE appliances such as:

  • fridge,
  • built-in stove,
  • oven and
  • microwave,
  • granite counter tops 
  • and a laundry facility with sink,
  • washer/dryer.

The master bedroom has an en suite bathroom, 2 built-in wardrobes and has a small balcony. The second bedroom has a large built-in wardrobe as well.

The Condo comes with Central Air, Internet and Cable TV. 

There are also 2 parking spaces, they are tandem, and 1 of the 2 parking spots is covered, plus 1 golf cart parking space at the back portion of the condo building which can be accessed by a cart path. There are two storage spaces available as well.

This unique Gated Community boasts an excellent 18-Hole Championship Golf Course, Club House with Restaurant/Bar, Pro Shop, Fitness Room, Pool, Spa, Social Area. Full Golf Membership is included with the Purchase. 

The monthly fees consist of Golf club membership fees of $225, this includes use of swimming pool, fitness club etc.Maintenance fees are $208 - this includes landscaping, gas, water, trash collection, security, Internet & cable TV.   There are  12 years of property tax exemptions remaining on the condo which was delivered in November of 2009. The Condo is owned by our Panamanian Company.  It is its only asset and it would be possible to acquire the company which already owns the property. 

The condo has had a solid rental history and would serve well not only as an income producing property, but also as a personal residence. 

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Sale Price

$249,000