The latest real estate development by Donald Trump came with his announcement of Trump Ocean Club, International Hotel & Tower. The project is to be built on an artificial peninsula on the Panama Bay and will cover an area of 140,000 sq. ft. The property will be 855 ft. tall and the total construction area will be more than 2.4 million square feet. The $220-million development will offer many high-end amenities including a 45,000 square-foot casino, spa, pool deck, a private beach club on Contadora island in the bay, a 24-hour yacht club consisting of 500 one, two and three bedroom condominiums, as well as 300 hotel rooms, which will also be sold as furnished condominium properties. The construction on the ultra-luxury property should begin by the end of the year and the development is expected to be completed by 2009. And, as for the pricing, the one to three bedroom condominium units will be priced at $250,000 to $450,000 and the hotel condominium properties will be priced for around $250,000.
via NYTimes
Is it just me, or does this remind anyone of a pickle wedge? Not to mention a rip off of the Burj Al Arab in Dubai.
Excellent....it`s beautiful....i`m a panamanian architect....and i`m proud that my country in latin america will be a living paradise with constructions as Trump Plaza, and the Frank Gerhy`s Museum of Biodivertity on Pacific side of Panama Canal...
I think Panama is the next big place for foreign investors to ”get rich quick,” and Trump is as close as you can get to a sure thing. It will be a quality condo hotel. I learned about it at www.CondoHotelCenter.com.
Do you think it’s better to buy a Trump condo hotel in the U.S. (like in Waikiki or Ft. Lauderdale) or one overseas (like Panama or Dubai)? Which is the better investment?
I found some info. about Trump properties at www.TrumpCondoHotels.com. Anyone else have any good resources where I can do research?
Panama is experiencing an unprecedented real estate boom and it is poised to transform itself into one of the most developed cities in Latin America, I found very valuable information regarding the Trump Ocean Club Panama project at www.PanamaRealEstateNOW.com
I just bought 2 units at the Trump in Panama and with a casino on site, private beach club and a 6 billion dollar expansion of the Panama Canal this bulding will be the focus of Panama City. Please make sure that if you purchase a unit use a reputable independent broker like Remax. Do not go to a unkown or you will regret it in the end
Hi Jason,
My name is Holly and I am a TV producer on HOUSE HUNTERS INTERNATIONAL. I wanted to see if you ended up buying in Panama and if you use any of your properties as a vacation place or if they are purely for investment. If they’re not investment only then I wanted to see if you might be interested in doing out show. Let me know!
Holly
I checked the link and its bad, the correct one is: www.trumpoceanclub.com
Here is another good and verified website to find good deals on Panama Real Estate pre construction:
thats right, Panama Real Estate,
There is something happening in Panama Real Estate, check out Essenza Panama the new project in Costa del Este
Panama Rocks with the new canal expansion and the new balboa avenue expansion.
Check this out:
http://panamarealestate.instablogs.com/
Panama Real Estate, make your dream investment come true.
Properties in Panama.
Well it looks like Trump has a great product. I know, beacuse I am one of the VIP brokers and I am also a client. You can not go wrong with the Trump name. Trump Panama
Panama seems to be one of a fews alternatives of US real estate market for Real Estate Companies. Due to the slow down in Real Estate market, real estate companies are looking for close countriest to work keep their business going. Trump Panama seems to be one already very hot in US market...
