Costa del Este Financial Park - Costa del Este Panama - Panama Real Estate - Bienes Inmuebles Panama - Inmoveis Panama - office Costa del Este Panama - Bienes Raices Panama - Pisos Panama

Costa del este  Financial Park The most spectacular   Investment Opportunity in  Panama’s Office Market in the exclusive Costa del Este area. Costa del Este Financial Park will be a Class A office building in the heart of Costa del Este's business hub. Located between the main entrance to the neighborhood and the access road to the Corredor del Sur, it will become a landmark building in Panama City.Exclusive and conveniently located just a short drive to the city's downtown and financial district and just 15 minutes from the Panama International Airport. Highlights: Iconic architectural design. 12 elevators with latest load balancing technology. Floor to ceiling, high-efficiency exterior windows. Fire sprinklers, dual fire escapes. Underground parking. Highly modular design.      CLICK ON THE IMAGES TO ENLARGE... Costa del Este Financial Park  The Oppotunity Investing in spec office space at Costa del Este Financial Park  1. Preferred pricing Friends & family opportunity to purchase in advance of official project launch at prices ~10% below market. 2. Price arbitrage opportunity Purchase highly modular bulk inventory and then parcel at ~10% price premium. 3.High returns in a stable, booming economy Current office market yields cap rates in the 9 -12% range and IRR’s in the 20 - 40% range; prices are appreciating quickly. Absence of foreign currency risk (Panama’s currency is the U.S. Dollar) and services-based economy is expected to grow ~10% in 2007. 4. Project is aligned with key demand drivers Growing, internationally-based service sector is demanding Class A office space. Non-banking businesses are looking for alternative to highly-congested downtown banking / office district. 5. Colfax Realty offers end-to-end service to investors Local presence, international sales network and position as project’s master broker enable Colfax to maximize project exposure, procure tenants & buyers and provide property management services. Developer will raise prices 10% as soon as first five floors are sold Financing in Panama 1. Prevailing commercial lending terms offered by Panamanian  banks     • Interest rates: 8.0 – 10.0%     • Loan to value ratios:         • Panamanian nationalsup to 90%         • Foreigners up to 80 %     • Loan terms: 7 – 15 years 2. Financing is readily available to foreigners purchasing residential or commercial real estate.   3. Panama Real Estate Now has access to a network of reputable, competitive commercial lenders in Panama. Costa del Este Financial Park Price Arbitrage Opportunity Structure of price list establishes a 10.8% price discount for purchasing large spaces instead of small spaces Developer can subdividefloor at a cost of ~US$4.60 / ft2 ($ 50 / m2) (i.e. 2.5% of sale price)  CLICK ON THE IMAGE TO ENLARGE VIEWS... THE DEVELOPER   CLICK ON THE IMAGES TO ENLARGE... Multinational corporations look for: Projects backed by strong, long-term players. Desarrollo Bahía     One of Panama’s most trusted and influential developers • Vested interest in delivering quality buildings and strong financial results to investors • Owner of Marriott Hotel and partner in most important retail development in Panama City: Multi Plaza Mall • 20+ year track record of successfulp rojects, including office towers, highrise condos, hotels, casinos, shopping malls and movie theaters. Costa del Este Financial Park Relevant services: • Buyer representation Comprehensive assessment during project selection phase Due diligence during negotiation and execution of sales contracts Assistance procuring legal counsel and financing in Panama • Landlord representation Development of marketing strategy to procure and retain quality tenants In-depth market analysis to ensure proper pricing & positioning Negotiation of lease terms; preparation and execution of lease contracts • Property management Rent collection; handling of requests for repairs and routine maintenance Preparation of fully-itemized monthly accounting reports for owner(s) • Seller representation Comprehensive, international and local marketing of property to maximize value and procure the highest possible sale price Ongoing monitoring of local market (before and after closing) to ensure optimal timing of sale