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Punta Pacifica, Panama
Punta Pacifica or Pacific Point in Panama is a slice of heaven on a point of land overlooking the Pacific Ocean. Punta Pacifica high rises have views of the ocean, Panama City, and Panama’s mountainous interior. The neighborhood is home to the Punta Pacifica mall with first run US movies, great restaurants, and shopping to die for. Punta Pacifica Hospital which is affiliated with John’s Hopkins International, offers state of the art health care by physicians trained and certified in the USA and Canada.
If you are looking for luxury accommodations in the tropics with spectacular vistas from your living room window think of real estate Panama in Punta Pacifica. This is the place where you can watch the sun rise over the Pacific (because of Panama’s unique geographic “twist”) as giant container ships on the horizon enter the Pacific approach to the Panama Canal just a few miles away. Sip your Panama coffee and watch the clouds form over the verdant peaks of Panama’s interior. Check the daily progress of Panama’s Cinta Costera project, building a green strip of walkways and bicycle paths along the Pacific Ocean.
Punta Pacifica real estate investment offers luxury living in secure communities. Real estate in Punta Pacifica is only a short walk or taxi ride from a mall virtually indistinguishable from upscale malls in North America. The only differences are that the store clerks speak Spanish as well as English and first run US movies are $4, $2 for the matinee.
Punta Pacifica’s physicians are largely US and Canadian trained and certified. Thus Panama is a referral center for much of Latin America. Punta Pacifica in Panama is also a medical tourism destination as elective surgeries are roughly half the cost of the same procedures in the USA. For those without health insurance it is often less expensive to fly to Panama for a procedure of equal quality and safety as in North America and then convalesce in the tropical paradise that is Panama.
Punta Pacifica Real Estate
Current real estate investment opportunities in Punta Pacifica, Panama include a 265 square meter apartment facing the Pacific selling for $585,000. This upper floor unit has three bedrooms and three bathrooms plus a maid’s quarters. Two parking spaces go with the apartment and the building has a pool, party room, gym, and twenty-four hour on site security. In addition the building is built to accommodate disabilities with access ramps and elevators.
Another Punta Pacifica real estate listing is three bedroom, three and a half bathroom, 182 square meter apartment selling for $318,000. This Panama real estate opportunity has twenty-four hour security, parking, and was just finished in 2008.
Punta Pacifica real estate rental is possible too. A three bedroom, 265 square meter apartment rents for $4,000 a month while a three bedroom 130 square meter unit rents for $1,850 a month.
Panama Real Estate
Panama real estate has had a good run the last ten years or more. North American retirees and expatriates have moved to Panama, gained residency, purchased real estate, and proceeded to live in paradise while their real estate investment has appreciated. Despite a run of inflation prices in Panama are still lower than North America and Europe.
If you are interested in investment in Punta Pacifica real estate or are interested in real estate rental on the Pacific contact us at ABPanama. We do business throughout Panama and have over 23 years experience managing real estate portfolios.
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