Property Overseas Group

           
           
 
Property Details
Yoo Panama
Panama City
Yoo Panama

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.

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

Yoo Panama

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
   
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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