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Main > Panama > Trump Ocean Club Resort

Location: Panama
Company: Private Listings

Trump Ocean Club Resort
Panama

Price: USD $ 350,000

Trump Ocean Club Resort located in Panama City

A US $220 million, mixed-use development, the Trump Ocean Club, International Hotel & Tower will be an immense joint venture of the Trump Organization and K Group, a premier high-end resort developer in Panama. It will be located in Panama City at the beautiful Punta Pacifica Peninsula.

The 2.4 million square foot project will feature a 68-story condominium tower with approximately 350 hotel condominium units and an additional 600 condominium units. Each of the units will have unobstructed panoramic ocean views. As a mixed-use project, the Trump Ocean Club, International Hotel & Tower will be much more than a high-rise tower. Its impressive amenities will include:

International casino Yacht Club and Pier 24-hour marina 8,600 sq. ft. wellness spa State-of-the-art gym Two pools including an Infinity Pool Boutiques & shops including jewelry store, beauty salon, etc. Private beach club at Contadora Island 4,400 sq. ft. business center. 24-hour valet service Chauffeur driven limousine service
24-hour medical service

The development of Trump Ocean Club in Panama coincides with Panama's plans for a US $5
GB £3.5-billion improvement of the Panama Canal. Donald Trump said his interest in Panama was sparked three years ago when his Miss Universe pageant was held in the country. "I am excited to bring the prestige of the Trump Organization to this exceptional destination project," Trump said.

Trump Ocean Club will occupy prime real estate in Panama City overlooking the Punta Pacifica Peninsula.

"With this development, we will set a new standard of luxury in Panama. The Trump Ocean Club, International Hotel & Tower, will be a magnificent and distinctive contribution to Panama City, one of Latin America's most dynamic cities."Roger Khafif, president of K Group commented, "The Trump Organization is committed to realizing in Trump Ocean Club, a one-of-a-kind, best in class, destination for living, working, boating and shopping in Panama. "No other property in this rapidly growing and desirable region can compete with the Trump signature brand and its level of world-class amenities."This is the first time that the Trump Organization has invested in real estate development in Central America, highlighting the present level of confidence Mr. Trump has in Panama, our budding economy and our first-class developments."Punta Pacifica is a high-end, newly developing area on a peninsula that juts into the Pacific. This exclusive neighborhood is next door to high-end malls, high-rent offices and the most luxurious high-rise condos in Panama.

Keep in mind, Trump Ocean Club is in fact a Trump property and will reflect the elegance and opulance that go hand-in-hand with the Trump name.

Furthermore, Panama is quickly becoming the mecca for luxurious residences in Latin America, and the Trump Ocean Club is destined to be its crown jewel!

Construction on the condo hotel is expected to begin in early November 2006 and should be complete by the end of 2009.

Pre-construction sales at the Trump Ocean Club have been extremely brisk. As soon as 50% of the units have been sold, the developer will implement a price increase, exact amount to be determined. That price hike could take place as soon as September 2006. Current prices reflect pre-construction discounts and an opportunity for investors to reserve their condo hotel unit at a below-market rate.

Prices for the condo hotel studios at Trump Ocean Clubstart from US $450,000 .

Prices for the 500 condominiums start from US $475,000 to US $800,000.

These pre-construction prices are amazingly affordable for a five-star Trump property, as most Trump condo hotel units in the U.S. cost twice that.

Property Details

Price in £: 178,013
Price in €: 260,636

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