Los Faros de Panama - Tallest residential building in Latin America
Prices from GBP £110,000
Ref: 1 bed
1 Bedroom(s), 1 Bathroom(s) |
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Located in the central neighbourhood of Panama City, San Francisco, Los Faros de Panama is set to be an urban landmark. The concept of the building is "The Lighthouses of Panama". At height of 346 metres and with 84 stories the central tower will be one of the tallest residential towers in the world. The two other "Lighthouses" will be 260 metres in height and comprise of 74 stories.
Facilities
Housed in the towers will be around 1600 residential units, an exclusive 5* Hotel, shopping centre, casino, Spa centres, gymnasiums, social areas, bars, restaurants and swimming pools.
Location
The area of San Francisco is an obvious area for expansion and looks set to be a central point for the urban future of the city. To the South and to the East is the Pacific Ocean shore, making the location and views exceptional. From the higher units it is possible to enjoy outstanding views of the Panama Canal and the nature parks.
The plot is surrounded by land designated for high quality urban use which makes the location even more desirable.
Property
The project consists of 1716 apartments distributed amongst the 3 towers. The apartments are 1, 2, and 3 bedrooms with floor areas between 70 and 150 square metres.
Floors 70 - 83 will consist of the VIP apartments. These are 4 or 5 bedroom penthouses and have floor areas between 200 and 1000 square metres.
Pricing
One bedroom apartments start from £110,000
Two bedroom apartments from £140,000
Three bedroom apartments from £210,000
Payment Plans
Payment plans are offered with 10%, 15% or 30% deposits. Mortgages are freely available
Rental
Due to the exclusivity of the resort and its prime location we believe that the apartments will be very rentable. The developer is expecting to offer a rental program and guarantee if wanted nearer completion.
Mortgages
Mortgages will be available up to 70% loan to value (LTV) with a € mortgage. We anticipate rates to be around 5%.
More property photographs
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