Location: Panama
Company: Private Listings
Price: USD $ 51,000

Gatun Suites Panama

This Condo/Hotel is located in the area of Espinar Colon, 500 meter from the 5-star Hotel Resort, Melia Panama Canal. It is just 10 minutes from Zona Libre Colon, the 2nd largest Free Zone Area in the world. This Free Zone area has estimated sales of 11 billion dollars a year bringing along with it, 275,000 visitor/buyers per year.

REASONS TO INVEST IN PANAMA GATUN SUITES

1.The Gatun Lock expansion is located 5 minutes from the hotel. This will bring 4000 – 8000 international workers to this region. This is the only quality budget hotel in the area for them to stay.
2.Caribbean Cruise Ships have just started offering Cruses originating from Colon, these ships have 3000 + passengers on each ship. They will need accommodation before and after the ship sails.
3.Colon has the 2nd largest free zone in the world. It is expected to become the largest in the future.
4.There is a $215,000,000 Road Expansion project from Panama City to Colon. This will reduce the travel time from the Pacific to Atlantic to less than 40 minutes, opening up the Caribbean to huge expansion.
5.The owner receives 70% of the gross, the management company 30%. Most Condo Hotel projects in Panama offer the owner 50% or less.

This is our tip for the top investment property in Panama.!

Read on for more information.

This property is currently under construction and is expected to be completed September 2008. It is a brand new Condo/Hotel with a prime location. With this unique development you can acquire a turn key operation with Franchise requirements, that are sure to accommodate the highest standards. (Best Western).


The potential of this property is huge for several reasons including... the NEW expansion of the Panama Canal were approved as of the end of October 2006. The location of this amazing property is just 7 km. from the Gatún Locks on the Atlantic Side.

This property is in the Old Fort Gullick or Escuela de Las Americas, an American Military Base.	▪ Tourist Attractions are many but just to name a few: • Fuerte San Lorenzo • Fuerte Portobello • Panama Canal Gatún Locks • Isla Grande (a surfer’s paradise) and many Caribbean white-sand beach
▪ Studio Kitchenette Lofts and large Window - 29 m2/ 312.15 Sqft- $ 64,000 - 16 units 1 bedroom- 46 m2/ 495.14 Sqft- $ 101,500 - 26 units	▪ Studio Kitchenette 1st to 4th floor large window- 29m2- / 312.15 Sqft $61,000- 57 units Studio reduced cooking facility 2nd and 3rd floor -24m2 / 258.33 Sqft- $51,000- 40 units
▪ Hotel is managed by the Best Western hotels franchise with a 70% rental share to the owners. All pricing includes Thomasville furnishings and Tempur-pedic matresses.

Style: Condo
Price in £: 25,500
Price in €: 34,000
Under Construction
Price Range: $51,000 - $67,000
Bedrooms: 1
Bathrooms: 1
Location: Mountains