Proposed Development in The Republic of Panama

The property is located on the Pacific Ocean and is the largest remaining piece of property in the provence. It is anticapated that a mixed use community will be built consisting of a marina, a 350 room hotel + casino, single family and high rise residences. Tennis courts, fitness center, a yacht club at the marina and many more amenities will also be provided for the residents/Members and visitors. This will be an up scale community with prices ranging from the high 300's to the mid $1 million range.

It is projected that this property will cost approximately $125 million to $140 million for the build out. The estamated return will be $350 to $500 million with in 3 to 5 trs, depending on what the developer decides to keep in the corporation, and what is sold. These estimates do not include the revenues expected from the casino.

Asking $35,000,000.00 US

This is an exceptional opportunity. Due to its locationit is considered to be the last developable upscale property for land banking or development with easy access to Panama City.

For additional information E-Mail you questions to thefalcongroup@cox.net