Boquete Panama Pino Alto Condo Suites Real Estate

The Boquete Panama Pino Alto Condo Suite Location

 Boquete Panama Pino Alto Condo Suites Real Estate is an under-construction project in Alto Boquete, Chiriqui. The town is famous for its Flower Fair,  Geisha’s coffee, and the spring weather throughout the year. The advantages of the coffee farm are the altitude, over 1,500 meters, the cardinal points of the location, and all-year spring weather.

In the North of the Chiriqui Province is the district location, over the mountains named Cordillera Talamanca. The town location is at Bajo Boquete Corregimiento.

Before the entrance of the town is Alto Boquete Corregimiento, the location of the Pino Alto Condo Suite. Locals recognize the place for the permanent winds.

As a result, throughout the year, the District weather is between 14ºC and 24 ºC. The period with lower temperatures starts on September 22 and until December 19. The template temperature is 2.1 months, from February 19 until April 23.

As a result of identifying an opportunity and expanding the tourism infrastructure, Pino Alto Condo Suites was born.

In addition, Pino Alto Condo Suites is inside Boquete Country Club, in Boquete, next to a river canyon on one side and an Equestrian Club on the other. Also, the design of the project is inspired by small-town European housing.

Boquete Panama Pino Alto Condo Suites Amenities

Besides country club amenities, Pino Alto has in his social area the following facilities:

• Restaurant
• Terraces
• Reading and coffee room
• Firepit area
• Pools lookout decks
• Clinic.

The Boquete Panama Pino Alto Condo Suites Have Natural Ventilation And Shading

Pino Alto Condo Suites Panama real estate also has natural ventilation and shading. The building’s orientation and shape allow wind to enter all Condo Suites and common areas. Open hallways promote airflow across the building so that every unit has the possibility of cross-ventilation with air coming in or out either through the building’s facade or the main hallway.

At the same time, multi-story open spaces allow for vertical airflow, helping to get rid of warm air during the hottest hours of the day. The project is only three stages, 34 units each. Each building has only four stories.

Number of Apartments:

3 Phases:

Phase A- 34 apartments

Ground Floor- 7 apartments with 3 bedrooms, 2 baths, 1 with 147m2, and other with149 m2

First Floor- 9 apartments with the following description: 5 apartments with 2 beds, 2 baths  with 95 m2, 1 apartment of 100m2, another with105 m2, and another with 107m2

Second Floor- 9 apartments, 7 apartments with 2 beds, 2 baths with105 m2, 1 with 107m2, and other with 107M2

Third Floor- 9 apartments, 7 apartments with 2 beds, 2 baths, 1 of 98 m2, and other with 107 m2 

Prices:

 95 M2 – $332,500

100 M2 – $350,000

102 M2 – $357,000

105 M2 – $367,000

145 M2 – $507,500

149 M2 – $521,500

Payment Plans:

OPTION 1– Cash Purchase Or Local Bank Loan

10% at the signing of the contract, 10% in 6 months, 10% 12 months post signing of the contract (10)% 18 months post signing of the contract, and 10% 24 months post signing of the contract

OPTION 2– Developer Financing

15% at the contract sign, (10)% in 8 months, 10% in 16 months, (15) % in 24 months FINANCIAL TERMS:

5-YEAR TERMS 50% deposit in construction. The other (50) % can be financed for (5) years with a rate of 6.5% (Variable) 5% annual principal reduction. No pre-approval process. No pre-payment penalty.

For example, an apartment 95msq $332,500:

50% deposit- $166,250 (over 24 months) Monthly interest payment/rent – $900 Annual principal reduction 5% – $8000 approx year 1

Delivery Date:

(6) months to pre-sell (18) months to build To be completed approx first quarter to mid-2025

For additional information, like scheduling an appointment or financial facilities, contact us by WhatsApp: +(507) 6179-5869