Apartment - Panama, Panamá, Distrito de Panamá, Corregimiento Bella Vista, WANDERS & YOO - Marbella

PERMANENT RESIDENCE AND CITIZENSHIP IN PANAMA THROUGH REAL ESTATE INVESTMENT

Did you know that permanent residence in Panama through real estate investment is possible?

Executive Decree 722 of October 15, 2020, created a new category of permanent residence for economic reasons. Through this program, the applicant can become a permanent resident by making a qualified investment in Panama, including the following options:

- Real estate: Invest US$300,000 dollars (until October 2024), or US$500,000 dollars later, free of liens.
- Pre-sale real estate projects: sign a sales contract for the sum of US$500,000 or more, free of encumbrances.

ITHLUX and our team of professionals offer you several real estate projects that qualify for the program, in addition to providing you with the complete package to support you and your family in this process (legal, immigration, tax/accounting, insurance, among others). Ask us! Take advantage of this opportunity and book your visit now or ask for additional information!


WANDERS & YOO


A unique style that seeks to create a utopian world where different ideas coexist in the same place.

Wanders & Yoo is the new project of the renowned firm YOO in Panama City. Located in Marbella, at the exit to the South Corridor, central and strategic close to everything. The project is made up of two 33-story towers with apartments overlooking the sea and the city, designed to offer experience, luxury and comfort.

The architecture of the project was conceptualized by the renowned firm GVA Arquitectos and with interior design by the Dutchman Marcel Wanders, recognized as one of the best designers in the world. Its dramatic style, complemented by hotel-like services, including spa, apartment cleaning, laundry, concierge services and valet parking that make this project an innovative and extraordinary space. His works are characterized by having their own style, innovative and with a lot of character. The New York Times has come to define him very aptly as the "Lady Gaga of design", and that is that his projects stand out in any space.

What is special about this designer for a museum to elevate its pieces to the category of art? A trajectory of almost 20 years that has resulted in more than 1,700 projects, and for which he has received multiple awards, such as the Ava Ceramic Award or the Good Design Award, among others. Their mission is to "create an environment of love, live with passion and make our most exciting dreams come true." His work marvels, provokes and fascinates, but it does not cease to amaze by its ingenuity, audacity and singular search to elevate the human spirit and entertain.
 
 
POINTS OF INTEREST:

- Paitilla Hospital, Punta Pacifica Hospital
- Soho Mall, Multicentro, Multiplaza
- Javillo Pharmacy
- Cinta Costera
- Riba Smith
- Banking Area

 
APARTMENTS:
 
- Apartments from 74 m2 to 170 m2
- 1, 2 and 3 bedrooms with private bathroom
- Floor-to-ceiling windows
- Balconies and terraces
- Open Italian kitchen
- Service room and bathroom
- Laundry
- Marble floors
 
 
AIR FINISHES:
 
- Bright and soft
- Shades of white
- Serene
- Angry textures
- Homely
- Natural and Zen

TIERRA FINISHES:
 
- Smooth tones
- Connection with nature
- Warmth
- Natural elements
- Genuine materials
- Comfort

AMENITIES:

- Room Lobby
- Sky Lounge
- Concierge & Valet Parking
- Majestic Pool
- Deck
- Gym
- Spa
- Squash Court
- Kids Club
- Game Room
- Tropical Garden
- Business Center
- Restaurants
 

PRICES:

- 1 bedroom - From USD$ 294,862.00
- 2 bedrooms - From USD$ 372,279.00
- 3 bedrooms - From USD$ 671,144.50


Contact us! Take advantage of this opportunity and book your visit now or ask for additional information!


Why live or invest in Panama?

1 - Stable economy with the US dollar as currency. Second largest economy in Central America and the fastest growing economy. Second most competitive economy in Latin America according to the World Economic Forum's Global Competitiveness Index.

2 - Strategic geographical location, privileged and free of natural disasters, located on the isthmus that connects North and South America, bordering Costa Rica, Colombia, the Caribbean and the Pacific Ocean, with a tropical climate throughout the year.

3 - International banking and financial center: strong banking system - in the last 20 years, mergers, transformations and incorporations of new banks have regulated and resized the sector. Panama is today one of the most important financial centers in Latin America and the world.

4 - The territorial tax system that exempts from taxes the income obtained outside the country, constitutes the main attraction for companies and individuals from all over the world to find a tax solution in the country.

5 - Political and legal stability. Panama's legal system was developed to encourage, support and protect foreign investment. The Constitution of Panama and the Foreign Investment Law grant the same rights and guarantees to foreigners in matters of property, investment and trade.

6 - Excellent quality of life and safety. It is among the cities in the world with the highest quality of life, as well as being one of the five best places to retire in the world.

7 - Medical services with high technology and international prestige, world-class communications infrastructure and excellent private schools.

8 - Panama is the Logistics Hub for Latin America and the Caribbean, by air, land and sea - World-class logistics platform, operating directly with 152 ports and 54 countries, being the gateway to Latin America.

9 - More than 5% of world trade transits through the Panama Canal, with 160 client countries and 144 maritime routes, obtaining a great profitability and attracting investors from all over the world, particularly from the real estate sector. GDP is expected to grow by nearly 20% as the Panama Canal expands and the consequent increase in traffic and new flows of ore, gold and copper, driving growing demand for real estate.

10 - Tocumen International Airport: It is the largest and busiest airport in Central America, with flights to 89 destinations.

11 - Stable Real Estate Business - Investing in dollar-listed real estate remains a safe investment bet. The real estate industry offers a wide range of projects with a price/ quality ratio well above average and with great growth prospects.

12 - Panama has a diversified plan of special visas that allows tax exemptions for foreigners who reside or invest in the country, among which the Friendly Countries Visa stands out, with privileged conditions of access to Panamanian residence and citizenship: South Africa, Germany, Andorra, Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, Costa Rica, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Greece, Hong Kong, Hungary, Ireland, Israel, Japan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, San Marino, Mexico, Monaco, Netherlands, New Zealand, Norway, Paraguay, Poland, Portugal, Serbia and Montenegro, Singapore, Slovakia, Spain, Sweden, Switzerland, Taiwan, United Kingdom, United States of America, Uruguay.