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Reaching for the... Panama stars!

2nd August 2007 Print
Los Faros de Panama - “The Lighthouses of Panama” - is a truly unique residential project, due for completion in 2009. One of the tallest buildings in the whole of Latin America (and one of the tallest residential buildings in the world) – Los Faros de Panama consists of three iconic towers designed by the architects Chapman Taylor.

Positioned in Panama City, Los Faros de Panama will become an urban landmark that will become a reference point within the city. And is set to become a property investors next key purchase.

Key benefits include; just under 2,000 apartments with either 2, 3, 4 or 5 bedrooms ranging in size from 100msq to over 1000msq for the VIP suites, placed over 84 stories/ 346 metres. The towers also boast a casino, gymnasium, spa, 5-star hotel, shopping centre and underground parking at its base.

With prices starting at just £118,000 from Bridge Property International (prices direct from developer).

“The strategic location of Panama and the existence of the canal make this country a very interesting proposition for investors”, says Mike Luxon, director of Bridge Property International. “Even more so when the dollarized economy is taken into account. It means that the national currency, the balboa, is on par with the US dollar, which is also accepted as currency. This situation makes for great monetary stability and allows Panama to enjoy the lowest inflation rates in Latin America.” Add this to other points such as the widening of the canal, the duty-free zone, free trade platform, equal treatment of foreigners and locals and the fact that Panama is regularly cited in the top 3 retirement destinations in the world and Luxon feels that this is an opportunity like no-other and not to be missed!

With developments to suit all budgets, Bridge Property International can offer some of the most desirable developments in the most sought after regions around the globe.

The directors of the business pride themselves on sourcing some of the most unique development opportunities for investors and holiday home owners alike.

For further information, visit bridgepropertyinternational.com.