Bala Beach Resort
There are many reasons to invest in the Colon area. Royal Caribbean Cruises have made Colon a home port, bringing thousands of tourists to this area. The new highway between Panama City and Colon will reduce the travel time between these two cities by half. The free zone in Colon is set to become the largest of its kind in the World, and don’t forget the canal expansion project.Bala Beach Resort is located on one of the most beautiful beach’s of Panama’s Caribbean coast, just a one hour drive from Panama City.
This master-planned beach community is designed for those seeking true serenity and beach life for the best value. Crystal clear waters, white sand beaches and gorgeous mountain backdrops provide amazing views from any point on the community. Bala Beach Resort is only a short drive away from the nearest hospital, supermarket and other desired amenities required for residential living in paradiseThe first phase will consist of two 11-story buildings with the following condos to choose from:
- Studio (45 m²)- 1 Bedroom (65 m²)- 2 Bedroom (85 m²)- 3 Bedroom (130 m²)- 1 Bedroom 2-Story Loft (180 m²)- 2 Bedroom 2-Story Loft (180 m²)
Each condo offers breathtaking views of the ocean and gorgeous mountain landscape.
The community will feature:
- Private beach access
- Multiple swimming pools
- Restaurant & bar
- Tennis courts
- Basketball court
- Fully equipped gym
- Beach chair & towel services
To purchase a unit in Bala Beach Resort you will require a total down payment of 40% which is tied to construction: 10% at signing, 10% upon commencement of construction, 10% 90 days after commencement, and 10% 180 days after commencement. The balance of 60% is due at completion.
Property management will be available upon delivery of the first units. We expect the rental market for these units to be high due to growth in the general area (see below). We conservatively forecast 20%-30% appreciation between now and delivery.
