Waves, Panama
- Properties From $373,000
- Tenure: Freehold
- Rental Return: 7%
- Estimated Completion: 2026
- No property taxes for 5 years. Non-residents are taxed on Panamanian-source income only. Additionally, Panama does not impose capital gains tax, inheritance tax, or wealth tax.
- Enjoying an tropical climate and low cost of living, Panama is home to many retirees from Canada and the US.
- Panama’s real estate market has been growing steadily, driven by factors such as urban development, tourism, and foreign investment. The country’s capital, Panama City, has seen significant infrastructure development and a rise in luxury real estate projects.
- Panama City is the regional headquarters for hundreds of multinational companies and a true business and financial center. As a result, there is a rich and diversified pool of buyers and tenants from all over the world.
- Golden visa available for investments above $300,000.
The Property
Waves offers unparalleled amenities, fantastic views, and all the beauty and security of the gated Santa Maria Golf and Country Club. There are two types of properties on offer starting from 1055 sq. ft. to 271 m2/2917 sq. ft with two or three bedrooms. Some units will feature an additional floor with a private rooftop that will include a jacuzzi, pergola, and BBQ area.
Every aspect of a work-play lifestyle is supported at Waves while also offering the convenience of being in close proximity to downtown Panama City and Tocumen Airport. On-site amenities include a sauna, tennis court, gym, pickleball court, swimming pool, co-working spaces, wine lockers, a pet garden, and plenty of spaces to relax and host events.
Why Panama?
- 2.5 million visitors per year
- 90% occupancy
- 4.5% predicted growth in property prices in 2024. (Fitch).
- No property tax for 5 years.
Panama has been one of the fastest-growing economies in Latin America, with a strong focus on services such as banking, insurance, and tourism. The government has implemented policies to attract foreign investment, leading to a stable economic environment conducive to business growth. Panama City’s real estate market has been particularly attractive to investors due to its steady appreciation and high demand for commercial and residential properties. The real estate market in Panama City has shown resilience and consistent growth over the years. The city’s skyline is dotted with modern skyscrapers, reflecting the robust construction activity driven by both local and foreign investment. The demand for luxury condominiums, office spaces, and retail properties has remained strong, offering the potential for high returns on investment.
Est. Return
- Estimated Rental Return: $27,820*
- *Based on Developer Projections
Location
The Waves condominium is located in the exclusive Santa Maria Golf & Country Club in Panama City, Panama. It is located 10 minutes from Panama City Centre. The resort is within security gates and close to more than 140 restaurants, schools, banks, shopping centers and luxury hotels.
The Santa Maria, a Luxury Collection Hotel & Golf Resort in Panama City offers a luxurious and captivating experience for guests. The resort features a Jack Nicklaus-designed golf course, three on-site restaurants, a pool, and a spa for relaxation. The property is conveniently located near Tocumen International Airport and downtown Panama City, making it easily accessible for travelers.
Contact us
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