In 2020 the Panamanian government issued an Executive Decree called “Permanent Residency as a Qualified Investor” which grants Permanent residencies in Panama in 30 business days. The decree’s primary objective is to promote foreign investments in Panama with a minimum USD $300,000 until October 2024.
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OWNER FINANCING ACCEPTED (Ask Terry Bradford)
The bottom level with 290 m² has an open floor plan, a large and modern kitchen, and a laundry and storage room. A front porch and back open terrace are perfect for leisure and outdoor cooking. The second level, measuring 169 m², is open to the buyer’s imagination for developing a bed and breakfast, guesthouse, small apartments, Jacuzzi, rooftop terrace, etc. The lot covers 3,522 m² / 0.86 acres. This home is turnkey and move in ready.
Features & Amenities of House:
- German-made kitchen cabinets with self-closing drawers
- LG Inverter Linear refrigerator
- 2nd LG Refrigerator in Laundry Room
- Drija Built-in Gas Oven and microwave
- Frigidaire dishwasher
- Maid's Quarters
- Studio off Master Bedroom
- 2 large depositos (storage rooms)
- Outdoor kitchen being developed on rear terrace
- Mahogany and teak furniture
- Custom curated pine windows
- Furniture included in sale.
- 4 split air conditioners
- Other Property Features:
- The lot has plenty of room for expansion, pool area, basketball court, cabins, etc.
- Property is less than 5 km / 3 miles from the Pan-American Highway
- Close to private schools, supermarkets, malls, hospitals, banks, beaches, rivers, lakes, & mountains
- Excellent paved road leading up to property
- *Recent appraisal study available*