This is a great opportunity to purchase apartments off-plan in a gated community at San Carlos just 5 minutes from Panama’s fabulous Pacific Coast white sand beaches.
San Carlos, superbly situated just off the Pan American Highway running from Panama City north to Costa Rica, is located by the area of Farallon, which in recent years has become a real hot spot for Panama real estate. Such resorts and residential communities as the Decameron Resort, Barcelo Resort, Vista Mar, Buena Ventura and Las Lagartijas have been springing up along Panama´s Pacific Coast in the last 3-5 years. San Carlos is some 10 minutes from the neighbouring towns of Coronado and Gorgona. About 30 minutes away is the mountain town of El Valle located within an extinct volcano covered in dense, luxuriant, tropical vegetation with rivers and waterfalls coursing through the valley adding to it's rustic character.
One of the primary advantages of real estate in San Carlos is that there is a significant amount of infrastructure already in place. Such amenities include full scale supermarkets, pharmacies, restaurants of every type and price range, shops, medical clinics, gardening centres, hardware stores, and outdoor markets etc.
Los Altos de San Carlos, a gated resort with on-site management, situated on elevated land, will enjoy sea views and mountain views, and the apartments will be fitted and equipped to a high standard. There will be a maximum of 60 apartments constructed in five attractively designed buildings with 12 apartments per building. Facilities will include a communal swimming pool, spa, a large decked area set in tropical landscaped gardens and parking. A restaurant is scheduled to be opened at the entrance to the community.
Apartments in Panama are currently achieving long-term rentals of U.S.$1,000 to $2,000 per month.
Ocean Embassy Panama has purchased an area of 299 hectares (738 acres) in Playa Corona in the district of San Carlos just 3.5 miles from Los Altos de San Carlos. Construction has now commenced on the Ocean Embassy Resort will boast a hotel for tourists, marine-focused activities, lush accommodations, ocean-themed shopping, beach sports, and top-notch dining and spa facilities at a reported cost of in excess of $300 million U.S. Dollars. The resort will house one of the best aquariums in the world, where it will be possible to swim with dolphins and interact directly with marine animals. Ocean Embassy Resort will offer a world class theme park aimed to attract visitors from the countries of Central and South America who previously had to travel to Orlando, Florida for this style of Attraction.