Rubbing elbow with the stars: International Superstar and Grammy-award winning artist, Enrique Iglesias, and Latin Salsa sensation Gilberto Santa Rosa are confirmed owners of units in The Plaza. Enrique Iglesias bought the Penthouse and Gilberto Santa Rosa bought a residential unit in the development.

The Orchid.

This is the most recent project of Procasa Group launched , they launched their flagship Hotel-condo project "The Orchid" to a room full of Press and Industry Executives. The Orchid, a 200 room, Five-Star Condo-Hotel, will be located in the Financial district in Panama City, and will cater primarily to Business Travelers, boasting one of the best equipped Business Centers in the City.

he property will feature a full service Spa, Pool, Restaurants, Room Service, Gymnasium, Concierge service, housekeeping, etc.

Based on projections released by the company, owners can conservatively expect an average of 17% ROI , this is based on a very conservative 66% occupancy rate. The owners share of the rental income is set at 63%, with the balance to the Management Company. Pre Sale Prices Now start at $207,000, for a limited time.

For Reserve your units at Pre-Sale price contact Douglas M. Choy, Licensed Real Estate broker at ThinkPanama.com he will be happy to provide you with All information including cash flow plans for the condo hotel units, availability, current pricing, and negotiate on your behalf the down payment, payment terms, and conditions.

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