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Studio from $82,500
Apartments - 1 Bed from $127,000
Bala Beach Resort is located in the most beautiful beach of Panama’s Caribbean coast, just a one hour drive from Panama City. This master-planned beach community is designed for those seeking true serenity for the best value. Crystal clear waters, white sand beaches and gorgeous mountain backdrops provide breathtaking views from any point on the community. Bala Beach Resort is only minutes away from the nearest hospital, supermarket and other desired amenities required for residential living.
There are very good reasons to invest in this area. Royal Caribbean Cruises have made Colon a home port, bringing many tourists to this area. The new freeway between Panama City and Colon will reduce the travel time between these two cities by half. The free zone in Colon is set to become the largest of its kind in the World, and don’t forget the canal expansion. The first phase will consist of two 11-story buildings with the following apartments to choose from: Studio (45 m²) 1 Bedroom (65 m²) 2 Bedroom (85 m²) 3 Bedroom (130 m²) 1 Bedroom 2 Story Loft (180 m²) & 2 Bedroom 2 Story Loft (180 m²). Each apartment offers amazing views of the ocean and never to be forgotten mountain landscape. The project requires a total down payment of 40% which is tied to construction: 10% at signing, 10% upon commencement of construction, 10% 90 days after commencement, and 10% 180 days after commencement. The balance of 60% is due at completion. Property management will be available with the delivery of the first units. We expect the rental market for these units to be high due to growth in the general area
The Caribbean Sea is possibly the world’s most beautiful body of water. It’s light color sands, lush jungle canopy cover, and its bathwater ocean temperature makes it the ideal setting for the famous Corona commercials. Yet, during a portion of the year the Caribbean is in a state of alert. During the rainy season the majority of Caribbean beachfront lays within the Hurricane effect areas. Hurricanes cause numerous different emotional and financial headaches for property owners. Emotionally, residents during Hurricane season are continuously monitoring weather reports in fear of having to evacuate their homes. Financially, residents must pay increased insurance premiums and other additional insurance coverage associated with being in a high risk area. In both circumstances, owning a piece of tropical paradise is made a bit harder than it could be. But what if you could own that piece of tropical paradise without fear of a Hurricane? Well, Bala Beach is located on Panama’s Caribbean coast where there is no risk of Hurricanes. As a matter of fact, never in recorded history has a Hurricane struck Panama. Panama is located far enough to the south in which Hurricanes push towards the north making it one of the main deciding factors in favor of building the Canal here. Bala Beach enjoys the natural beauty of the Caribbean while eliminating the financial and emotional anxieties. This makes Bala Beach affordable and worry free!
Units at this development are being finished to the highest of standards and will include the top quality finishes:
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