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Condo Hotels - Guaranteed 15% plus Annual Return on Investment
Home :: Business :: Sales / Service
By: Douglas Choy Email Article
Word Count: 1364 Digg it | Del.icio.us it | Google it | StumbleUpon it

  

Additional Benefits.

With traditional real estate investments, you are generally looking to cover your maintenance and monthly mortgage costs if financed and hoping to generate a positive monthly cash flow and hope to make a profit from the increase in value of the property over the time you own it. As any landlord will tell you managing a rental property can be a huge headache - maintenance, dealing with Tenants, collecting rent etc., and these headaches are multiplied if the property you own is in a country different from where you reside.

With Condo-hotels, all of these headaches are taken away from you. The professional management company that is managing the hotel, takes care of all of these day-to-day issues, and you don't ever have to even think about it.

The Opportunity in Panama, is Now!

Recently there has been a huge demand for Hotel rooms in Panama due to the booming economy, increased Tourism, and plenty of Business travelers entering the country. The Panamanian Tourism Institute IPAT recently released a statement saying that based on the current growth trends of tourism there is a demand for an additional 20,000 hotel rooms over the coming years. With the current hotel occupancy rates at a steady 90% and above. And the constant infusion of foreign capital pouring into Panama, the construction boom, and mega investment projects like $5 + billion dollar expansion of the Panama Canal which is underway, The construction of the Panama International Merchandise Mart, the largest commercial structure in Latin America with 2 million square meters of construction 21,572,7820 square feet . Total investment is US$1 billion USD over a 3-year period, the development of the Panama-Pacific Special Economic Area [formerly Howard a U.S. Air Force base], a multi billion dollar real estate development underway by London Regional, and many more. Recently the company Caterpillar, which recently announced it was moving its regional headquarters to Panama, made a statement saying they alone would have a demand of approximately 12,000 room-nights per year!

ThinkPanama.com has reviewed the Condo-hotel offerings in Panama, and has selected two Condo-hotels to Promote: The Plaza Costa del Este, and The Orchid.

GUARANTEED Returns of 15% +

The Plaza, Costa del Este: This outstanding project combines 150 unique and contemporary executive hotel rooms and 44 private residences is located in the Costa del Este part of Panama City - an up and coming area with Residential and Commercial areas including a major Office park complex.

The Developers and Operators of The Plaza, have put together an incredible "Investor Incentive Program" unparalleled in the country. 15% Return on Investment GUARANTEED for 5 years! The pre-sale prices on these hotel Units start at just $193,000. In 5 years you would have recovered 50% of your total investment, plus owners get 70% of the rental income, and are allowed to use their units for one week a year. Even though this project will just break ground this year, you will start to receive your returns well before the hotel is open for business! Additionally, real estate prices in Panama still have a strong appreciation, so if you decide to sell out in 5 years, you're guaranteed an excellent overall ROI.

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Douglas M. Choy is an expert in Latin America business and commerce. Mr Choy is the President and CEO of ThinkPanama.com the number one real estate portal in Latin America. He has been mentioned in several business magazines including an article in Latin Trade magazine and quoted as an expert in the region.

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