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Property for sale information

 
Los Faros de Panama, Panama City, Panama  
Price: € 191,000
Mortgage & ROI calculators »
Type: Apartment
Country: Panama



Reference nr: JM450091
Description:

Panama City is widely regarded as the most important financial hub in Latin – America. Now home to 150 of world’s most important international banks it is fast becoming one of the most exciting capital cities in the world.

Located in the most desirable emerging district in Panama City, Los Faros de Panama is poised to set new standards in the height of luxury living. As one of the tallest residential buildings in Latin-America, the project will dominate the city’s skyline and become a true landmark.

Los Faros de Panama is a three tower development consisting 2000 residential units, 300 room hotel, commercial centre, offices, restaurants, sports centre, casino, medical centre and parking.

The project is being developed by Grupo Mall, designed by Chapman Taylor and built by ARUP.

First phase completion in 2009.

One to three bedroom apartments priced from € 191,000
Prices subject to currency fluctuation, all contracts take place in US dollars

Bedrooms: Bathrooms: Price (€):
1 1 191,000
Features:
City
Submission Date:
01-31-2008
Advertiser Details:


Name:
Joanne Murphy

Company:
Future Properties

Phone:
(0)1 669 4652
Fax:

Mobile:

 
Property Photo Gallery

 

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Calculators

 
Property price: €191,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations