Los Altos de San Carlos will be a gated community with an on-site reception and management office, a large pool and jacuzzi in landscaped gardens, and with a restaurant scheduled to be constructed just outside the gates.

The two bedroom apartments at Los Altos de San Carlos are situated in Block Nos 1, 2, 3, 4, and 5 and are located on the third and fourth floors. The two bedroom apartments will each have a living area including a  lounge/dining room, fully fitted and equipped  kitchen with breakfast bar, bedroom with walk-in closet, bathroom with vanity unit, shower and toilet, and a 9ft x15ft  balcony/terrace ideal for alfresco dining. An open plan stairway will lead to the upper floor which will provide  a huge attic  bedroom/second lounge/ games room and  access through patio doors to a large roof terrace affording tremendous mountain and/or sea views, and providing a  huge outdoor living area for sunbathing, alfresco dining, or just nightly relaxation under the stars in a near perfect climate.  

Each apartment has parking facilities on the ground floor.

In  each  building  there  will  be  4  two  bedroom apartments.   The  current  prices  will  be  held  until  September  30th,  2008  after  which  date  a  price  increase  will  come  into  effect  increasing  the  price  to  $359,000 - £199,450  @  $1.80/£1.00p. 

SPECIAL OFFER ON ALL CONTRACTS AFTER OCTOBER 1ST, 2008 - THE FOLLOWING PAYMENTS FOR THE FIRST TWENTY FOUR MONTHS WILL BE PAID BY LOS ALTOS DE SAN CARLOS INC :-

MORTGAGE (12 MONTHS)                           $34,084

FURNITURE                                                     $15,000

UTILITIES ALLOWANCE                               $ 3,000

HOME OWNERS ASSOCIATION FEE             $ 1,000

MANAGEMENT FEE                                       $ 1,200

TOTAL                                                          $54,284 - £30,157 @ U.S.$1.80/£1.00p

PLEASE NOTE THIS SPECIAL OFFER MAY BE WITHDRAWN AT ANY POINT IN TIME WITHOUT PRIOR NOTICE.

Payment  terms:

Two  bedroom  apartments :- £9,810  payable  with  Reservation;  £20,000  payable  on Contract,  £40,000  payable  45  days  prior  to commencement  of  construction.

Non-status  mortgages  are  available  over  a  30  year  term  with  an  interest  rate  of  7.5%  on  either  an  interest  only  basis  or  on  a  principal  &  interest  basis  with  interest  only  payments  of  $1,436.16 (£797.87p)  per  month  or  principal  &  interest  payments  of  $1,613.35  (£896.31p).  All  mortgages  are  in  U.S.Dollars  and  accordingly  all  mortgage  payments  will  be  due  in  U.S.Dollars  as  quoted  above.

Los Altos de San Carlos is situated approximately one mile from the beautiful white sand beaches of the Pacific Coast, and about 15 miles drive to the picturesque mountain town of El Valle, a popular highland retreat nestled in the crater of a giant extinct volcano ringed by lush forests and jagged peaks. Attractions at El Valle include a handicraft market, a forest canopy tour. horseback riding, hiking, bird watching, and a natural swimming pool at the base of the famous 85 metre high Chorro El Macho Waterfall.  

There are three golf courses, at Playa Coronado, Farallon, and Vista Mar, all within easy reach of Los Altos de San Carlos.

There are a number of beautiful islands off the Pacific Coast, including Taboga (the Island of Flowers), and the hundred or so islands which make up the Pearl Island archipelago in the Gulf of Panama. So why not add to a stay at Los Altos de San Carlos by spending a weekend on one of the islands and enjoy snorkelling, scuba diving, sailing, game fishing, or just lazing on one of the many fabulous beaches. The reception at Los Altos de San Carlos can arrange this for owners and renters.

Panama City and Tucamen International Airport is approximately a one hour drive from San Carlos.