LAS OLAS RESORT TRUE BEACHFRONT DEVELOPMENT

2009 - PLAYA LA BARQUETA - near David
1600m² , 3 Bedrooms , 2 Bathrooms

Property Id:

857

Property Location:

PLAYA LA BARQUETA - near David - Click Here to map it

Property Category:

Beachfront - Oceanview

Property Type:

House

Property Status:

For Sale

Property Size:

1600sq ft  - 5000sq ft

Property Price:

$250,000  - $1,000,000

Maintenance Fee:

$180

Year Built:

2009

Rooms:

Bedrooms: 3

Bathrooms: 2

Property Description:

This is one of the most outstanding true beachfront developments on the Pacific Coast of Panama, just one hour by air to David from Panama City. The development is situated on 2,200 acres of titled land, with 14 miles of oceanfront, that has been owned by a Panamanian family for many years. The family lives and works in the development. There are beachfront homes and condos, all with upscale finishes and amazing ocean views, all situated right on the expansive white sandy beach. Three beachfront homes are currently under construction - roof tiles are being installed as of 3/25/09 Pricing: LOT Q5 Hacienda La Barqueta model 679,500 LOT Q3 Hacienda Del Rey model 549,500 LOT Q1 Hacienda Bonita 499,500 There is a 48 room boutique hotel in the development, Wildlife Refuge, concierge service, and coming soon: tennis with championship coaching, and a 27 hole championship golf course. There is a large fresh water pool, poolside sun shelters, sundeck, showers and foot baths

Amenities:

24 hour Manned Security

Swimming Pool

Sundeck

Workout Facility

Visitor´s Parking

Concierge Service

Barbeque Area

Events / Party Room

18 hole Golf Course

9 hole Golf Course

Tennis Court

Beach

Ecological Paths

Bar

High Speed Internet

Gazebo

Social Area

Airport Shuttle Service

Restaurant in development

Additional Information:

ESTRELLA DEL MAR BEACHSIDE CONDOS- PHASE 2 PRECONSTRUCTION SALE (construction started 1Q 2009)
1600 SQ FT
OPEN FLOOR PLANS
3BR/2BA
AMPLE LINEN AND PANTRY STORAGE
GRANITE COUNTERTOPS
OWNERS' LOCKOUT STORAGE
COVERED TERRACE
CENTRAL A/C
COVERED PARKING AVAILABLE FOR PURCHASE
2500 non refundable to reserve with credit card or check

o 4 buildings with covered parking
o Garages can be purchased at 15,000
o These buildings will have their own swimming pool and social area
o Golf membership is included
o Stainless steel appliances are included – stove / refrigerator / dishwasher / garbage disposal / stacked washer – dryer
o Imported granite counter tops
o 12.5 foot ceilings
o All units have an outdoor terrace off the main living area and MBR
o Maintenance fees $180 include 24 hr security and maintenance of the common areas and common grounds
o All units $250,000 (16 units per building – 6 reserved with deposit in Building 1)
o Construction to begin 1Q 2009



HOUSE FLOOR PLANS
Hacienda La Barqueta Hacienda Del Rey
3516 sq ft 2208 sq ft
60 ft of beachfront 60 ft of beach front
2 story home-4BR/4.5BA single story 4BR/3BA
2 car garage 2 car garage
gourmet kitcheN gourmet kitchen
ALL UNDERGROUND UTILITIES, A/C, OPTIONAL PLUNGE POOL.

BEACHFRONT LOTS


o All lots are 1000 m2 and are true beachfront $179,500
o Maintenance fees are $50 / mo – covers security and maintenance of the common grounds
o Three model homes under construction and for sale with an 8% return per year from developer to use as a model
o See brochure / website for models – prices TBA
o $2500 non refundable to reserve with credit card or check
o Buyers must use their own construction company (Developer has recommendations) and must adhere to guidelines ( only 2 story homes )
o Beachfront lots can currently be financed by the developer

GOLF COURSE LOTS
o Golf membership will include social membership and tennis.
o Golf course is planned for construction beginning in 2009 and completion within 3 years – layout is completed
o Golf memberships will be $15,000 with a limit on outside recallable memberships. Total memberships will be limited to 600 / green fees will be approx. $200 / mo (15 reserved to date)
o Golf course lots are currently offered as a ‘RIGHT TO RESERVE’ for $5000 refundable – cost is 65,000 and all lots are 1000+ m2.
o Payment schedule for G.C. lots is the balance of 15% down payment due when construction permit is issued, and 15% when construction of the course begins.
o Monthly dues will begin when play begins
o There is no time limit to build
o Parameters: 1 and 2 level homes with approved floor plans; main level must have a min of 1200 m2.
o Lots can be financed with the developer: 10 year amortization with a 5 year balloon at 7.5% interest and 30% down payment

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Agent Info:

Name: Jim Hawley Email Address: jim@livinginpanamacity.com Phone Number: USA/Canada 1-888-906-7340 Office +507.240.1249 Mobile Number: +507.6676.0869

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