Property description of  

Take advantage of the incredible tax exemptions and benefits for tourist investments in panama - for sale awesome development of aprox. 150,000 sf of construction - 140 condounits & 57 hotelunits + executive golf range and pools - 65-70% construction advance with budget estimate of $5 millions for full 197 units + ammenities opening in 6 months - huge potential in aprox. 74 acres of land, aprox. 9 acres with high density zonning (res, hotel & comm uses) - incredible mountain views and weather 365 days/year - located in the highest zone of growth of panama city - legal incentives: qualify for tourist incentives (ley 6) 20 yrs property tax exemption 20 yrs profit tax exemptions 0% custom tax (arancel) for import furniture or construction supplies and equipments - very motivated seller

Property Features