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Yoo Panama |
Panama City |
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Yoo Panama, with its exclusive Philippe Starck interior design, embodies luxury living on the waterfront of Panama City. Located on Avenida Balboa, the city's most in demand location.
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Waterfront in Panama City! Just 30% to pay over 14 months with outstanding rental prospects. |
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This luxurious 58-storey designer tower will feature:
- Loft-style dwellings of one and two bedrooms
- Duplex and triplex apartments on the top floors
- All units with either ocean or city views
- All units and common areas will carry the Philippe Starck interior design
- Spectacular communal rooftop garden
- Sculpted garden areas throughout the building
THE FACILITIES
- 300m2 designer swimming pool and wading pool
- 60m2 childrens swimming pool
- Poolside private day cabanas
- Juice bar
- Business centre
- Ocean-front day spa featuring treatment rooms, sauna and steam rooms
- 2 double height multi-purpose ballrooms
- 4 meeting rooms
- Lounge, featuring a pool table area and library
- Multi-level covered parking
- Full-time concierge staff
- Roof-top garden terrace
- Lushly landscaped 3-level slope garden with stunning bay views
- Laundry and dry cleaning service
- Mail and package reception
- Spectacular double-height, 2-level lobby including a drop-off plaza with valet parking
Spa & Fitness Centre
- Ocean-front day spa with treatment rooms and wooden deck terraces
- "His and Hers" lounges and relaxation areas
- Whirlpool tubs
- Steam room and saunas
- Free weights and weight-training equipment
- State-of-the-art cardio equipment
- Yoga and pilates studio overlooking Panamá Bay
- 2 professional squash courts
THE UNITS
- One bedroom loft-style units from 127m2 to 133 m2
- Two bedroom units from 163m2 to 165m2
- Two bedroom duplexes of 260m2
THE BUILD SPECIFICATIONS
- Floor to ceiling windows
- Walk-in wardrobes
- Premium Italian loft-style kitchen with elegant stone countertops, laundry, including stainless steel appliances (refrigerator/freezer, stove, washer and dryer)
- State-of-the-art modern master bathrooms featuring stone tile flooring and shower walls, with matching stone vanity top and porcelain lavatories
- Guest bathroom
- Air conditioning in all bedrooms and living room
- High ceilings
- High-speed cabling for all internet and telephone outlets
THE DESIGN
Yoo was founded by the internationally celebrated designer Philippe Starck and the developer John Hitchcox.
The Investment

This project offers a mid to long-term investment:
- High capital appreciation potential of around 20% for year 1
- Low capital investment with positive cash flow
- High rental projections: long term rentals estimated at 2,800 USD per month; short-term rentals estimates from 1,400 USD per week*
- Local finance available - Mortgage repayments from 2,023 USD per month-70% repayment mortgage over 20 year term-interest rates at approximately 6.5% ( Scotia Bank Panama)
- City centre investment
- Government-backed tax incentives
- Retirement haven - special retirement benefits
- Mature and stable economy
* Based on similar completed 1 bed, fully furnished ocean facing apartments on the famed Avenida Balboa |
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| Construction Start: 3rd Quarter 2007 |
Construction End: 2nd Quarter 2010 |
| Potential Capital Appreciation per annum |
20.00% (Conservative estimate by developer) |
| Potential Rental Income per annum |
8.00% (Conservative estimate by developer) |
| Prices From: |
$387,750 (£196,000) - $1.540,000 (£778,000) |
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