Panama is one of the world’s most visitor-friendly countries. It has the highest rating for tourist safety. It’s people are warm, friendly and unspoiled. The weather is perfect all year. As it is above the haze and smoke level, the atmosphere is essentially polution free. Panama has always been an internetional crossroad.
Panamians are accustomed to meeting people from other lands and English is their second language.The culture is very similar to the US. Panama city is modern metropolis where you can get most anything you can in the states at a lesser price. Homes are well built and tastefully designed. Panamian architects attend US construction industry conventions to keep up-to-date on the latest in construction styles, floor plans and quality living. Another surprise is the refreshing variety of architecture styles. While the rest of Latin America, Spanish colonial dominantes, in Panama modern architecture bound.
The Panamian government has created a host of incredible incentives to attract foreign investment. Major US and international banks are well represented. Investment in Panama can become very profitable. As the community grows, there is an increasing need for more lodging srores, restaurants and tourist orientated services.
Currently new properties have a 20 year exoneration period, were you don’t have to pay any kind of property tax. You can get 15 year tax exoneration from the payment of taxes on the companies’ activities and 20 year exoneration from the local ITBM sales tax and taxes on imported items, used solely for your tourist business. This includes no taxes on vehicles, furniture and other items not locally available.
In recent years there has arisen the right set of cicumstances in Panama – the growth of a stable economy coupled with the shortage of hotel accomodations has created atremendous opportunity for hospitality – related investments. Ownership of world – class boutique hotel unit is truly one of the best,practical,and most secure ways to get an outstanding return of your investment.
Aso ne of the first projects of its kind in the city, the Unicorn Boutique Residence Hotel is well positioned to capitalize on the strong demand for hotel accommodations in the area. Considering the market situation in Panama, special attention was paid to the development of the Unicorn to ensure maximum return on investment. One of the major advantages with the boutique rezidence hotel concept is that development time is minimized, resulting in a faster delivery to the buyer.
The developers propose to start construction by the 3rd quarter of 2008 and it is scheduled for completion in sixteen months.
Design, construction and management by a professional team.
Bruno Carnesella
Developer
B.C. is a renowned Miami-based real estate developer with more than thirty years experience in the South Florida market. Trough his vision and cutting-edge designs, he has carved out a place as one of Florida’s most respected builders. Carsenella’s projects featuring extraordinary design, exceptional value and highlighted by state of the art technology;are all testimony to B.C. fine reputation and commitment to quality, style and impeccable taste based on rock-solid fundamentals. In 1970, to much acclaim, he completed a succesful development project in Panama. In 2005, Mr. Carnesella was the recipient of the prestigious National Homebuilders Award for the Absolute south Beach Lofts.
Gabriel Kuzniecky
Architect
G.K. is prezident of Panama city-based area design Group, a dynamic architecture firm renowned in the industry. Throughout his more than 25 years experience, Mr.K. has accumulated a vast amount of knowledge and is always on the cutting edge architecture and design philosophy. Area design Group reflects Mr.K vision in focusing on the latest concepts while maintaining a balance of style, function and form.
Mauricio Rivera
Hotel expert
With a wealth of knowledge in the hotel industry, M.R. is considered one of south America’s leading experts in hotel management. Having managed succesful condominium hotels in Brazil, Mr. Rivera has solid experience in four and five star properties including executive level tenures with four and five star properties including the prestigious Sheraton, Los delfines, and Country in Lima, Peru and the Gran Melia WTC in Sao Paulo, Brazil. Mr. Rivera has always stressed optimal use of resources to ensure maximum productivity in all his projects.
This team of professionals will introduce you to the Executive Lifestyle Program.
