Description

With the extension of the Panama Canal, Panama is set to grow from strength to strength and is already Latin Americas fastest growing economy. Visitor numbers increased an impressive 27% in 2007 and tourism is already the countrys biggest contributor to GNP (Gross National Product). Few locations can stack up as well as the fast growing hub of Panama City with its low levels of consumer debt, a GDP growth expected to exceed 8.7% in 2009 and the worlds second highest rate of hotel occupancy in the world. With hotel occupancy at present running at 84.7%, second in the world only to Perth, and a rapidly increasing influx of flights and employment comparable to Dubai 5 years ago, the demand for hotel accommodation in Panama City is at a premium.

Location

Nations Hotel is located in the key financial district of Panama City - Bella Vista - a hotspot for nightlife, shopping and restaurants. This 5 star hotel is a short walk from the oceans edge and harbour and will service both international travellers and the business community alike.

Properties

Nations Hotel in Panama City will offer a range of rooms throughout its impressive 26 storey structure designed by renowned national architect Musa Asvat Kasu. Investors can choose between varying sizes of one bedroom hotel rooms and also one and two bedroom apartment units. Each room and unit comes with a unique furniture package while all rooms have ceilings of 10ft in height ensuring a spacious feel is maintained throughout the architecture.

Amenities

• Restaurant / Bar / Lounge Business Center Conference / Meeting Space
• Parking Garage
• Open Pool-Deck
• Fitness Center / Spa

Fully Furnished Units with Ocean and City Views and Two Bedroom Executive Suites with:

• Lockout feature
• Flat Screen TVs
• Outdoor Terraces
• Front Desk
• 24 Hour Security
• Valet Parking Room
• Laundry Services
• High Speed Wireless Internet Access
• Fax and Copy Services
• Cable TV
• DVD player
• Double Line Telephone with Voice mail

Payment Schedule

5000 reservation fee, 15% on signing of SPA (minus reservation fee), 15% 120 days after signing of SPA, 10% 240 days after signing of SPA, 60% due on completion (expected mid 2011)

• Region: View All "Panama Region Condos"
• Country: View All "Panama Condos"
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