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Nations Hotel, 2 Bedroom Apartments





Nations Hotel, 2 Bedroom Apartments
Builder: Provided by TheMoveChannel.com
Address: Panam Panama City
Region: Panama Region
Location:
Country: Panama

Type:
Investment: No
Stories: N/A
Units: N/A
Bath: 2
Bedrooms:
Condo Type: Apartments
Unit Size: Contact Builder
Price: $357,972 - $369,459
Phase:
Leaseback: No
Sales Phone: Click to View
Sales Phone:

Completion Date:


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Property Description

DescriptionWith 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.LocationNations 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.PropertiesNations 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.AmenitiesRestaurant / Bar / LoungeBusiness CenterConference / Meeting SpaceParking GarageOpen Pool-DeckFitness Center / SpaFully Furnished Units with Ocean and City ViewsTwo Bedroom Executive Suites with Lockout featureFlat Screen TVsOutdoor TerracesFront Desk and 24 Hour SecurityValet ParkingRoom and Laundry ServicesHigh Speed Wireless Internet AccessFax and Copy ServicesCable TV and DVD playerDouble Line Telephone with Voice mailPayment Schedule5000 reservation fee15% on signing of SPA (minus reservation fee)15% 120 days after signing of SPA10% 240 days after signing of SPA60% due on completion (expected mid 2011)




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