This week we present a magnificent 3 bedroom luxury penthouse apartment for sale in Panama City, located in the the exclusive residential area of Punta Pacifica.
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| The dining room of this luxury condo with views of Panama City |
Encompassing 12,335.45 sq ft (1,146 sq m) over 2 floors, this luxury condo includes 3 large bedrooms, 6 bathrooms, formal living and dining rooms with majestic domed ceilings, 2 separate offices and gym.
Finished to a very high standard with Italian marble, handcrafted cabinets and double vaulted ceilings, the property enjoys sweeping 360 degree ocean and city views.
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| Beautifully finished interior of this luxurious apartment in Punta Pacifica |
The apartment is located in an exclusive building with clubhouse, gym, tennis courts and swimming pool in one of the most prestigious areas of Panama City close to excellent private schools and shops.
Thanks to a business-friendly environment and a strategic location at the crossroads of North and South America, Panama’s US Dollar based economy grew by more than 8% per year from 2005 to 2010 and the country is expected to be Latin America's fastest growing economy in 2014. On-going expansion of the Panama Canal is expected to drive significant future economic growth.
Panama City is a vibrant, diverse city of over 880,000 people and with a low cost of living, low crime rate and good quality healthcare, offers a very high standard of living. Other parts of Panama are experiencing a significant growth in tourism, but, for the time being, the country’s breath-taking beaches, 1,800 islands and islets and vast rainforest are still considered off the beaten track and ripe for exploration.
For more information, read our feature on Panama real estate and read our Panama Real Estate Buying Guide.Labels: luxury apartment, panama property, panama real estate