Picture and Prices on Trump Ocean Club - Panama
Description of the Location:
Located on the Punta Pacifica peninsula, the ocean views make this the most exclusive location in all of Panama City.
BUILDING FEATURES AND AMENITIES
Trump Ocean Club International Casino:
Try your luck in Latin America’s first truly International Casino. At nearly 60,000 sq ft., the casino offers games such as Electronic Slot Machines, Poker, Black Jack, Roulette, Craps, Baccarat and Keno. In addition, enjoy your favorite drink at the game tables or while enjoying one of our exclusive entertainment venues and live shows brought especially for your enjoyment.
Business Center:
An area of up to 4,400 sq ft. is available for your business meetings or seminars, all equipped with state-of-the-art Wi-Fi internet and audiovisual resources.
Gourmet Dining:
Six (6) Gourmet Restaurants spread throughout our Gourmet Plaza and Pool deck, created to savor exquisitely prepared food in your favorite place after a successful business day, or a day of full relaxation. Elegant International Restaurants where you can select the best gourmet-style cuisine available.
Boutiques & Shoppes:
An exclusive and sophisticated shopping concept with world renowned brands and boutiques, spacious and comfortable spaces, with the highest technical standards, will turn you shopping experience into an absolute pleasure.
Wellness Spa:
Close your eyes and allow yourself to be spoiled by the pleasures reserved exclusively for you at your very own Spa Wellness Center, created on a par with the most exclusive spa centers in the world. Just a couple feet from your room, you will enjoy 9,686 square feet of space dedicated to revitalizing your body, soul, and spirit. Aquatic area, cascading baths and showers, saunas, Turkish baths, resting areas, anti-stress and tonic massages, and various sense-stimulating treatments. In addition, you will be able to enjoy the Vital Bar, meant to revitalize and rejuvenate your entire body.
Pool Deck:
Enjoy the water at the Pool Deck with numerous beautiful pools, two of which are “Infinity Pools” with more than enough room to play games such as shuffle board, volleyball, and badminton, mini golf and putting green. Live the ambiance of the pool deck, cabanas and the service at the Restaurant bar and grill. In addition, you can find private changing rooms, showers, and bathtubs for both men and women.
Private Beach Club:
Feel the breeze of the marina and listen to the sound of the ocean while you walk along the white sandy shores of your private Beach Club in Isla Viveros, located within the Panama Bay, in the Las Perlas Archipielago just 60 minutes away (by our private Yacht) from Trump Ocean Club.
Enjoy the infinity pool, cabanas, restaurants, bars, lockers, private areas for men and women, beach services such as beach chairs, umbrellas and towels, and a beach bar. Rent jet skis, sailboats, surfboards, snorkel, scuba diving, and fishing.
Condo Features (ranging in size from 1035 sq ft. to 4,284 sq ft.)
Finished consisting of:
- Marble floors
- Granite counter tops and backs plash
- Stainless steel appliances
- European cabinetry
- Frameless showers
- Imported fixtures
- Central air conditioning
Hotel Features: (All Hotel Condos come ready to be rented)
Fully furnished and finished consisting of:
- Marble floors
- Granite counter tops and backs plash
- European cabinetry
- Frameless showers
- Plasma television
- One (1) King or two (2) Queen beds
- Central air conditioning
Bay Loft Features:
Fully furnished and finished with private elevators, lobby, and concierge.
Maintenance Fees include:
- Cable TV
- Telephone
- Wireless internet
- Complimentary valet parking
- 9686 sq ft wellness center & spa
- Pool service
- Concierge services
- 24 hour security
- Shuttle service to Punta Pacifica area
- Building maintenance service
- Landscape maintenance service
- Common areas
- Waste removal
- Water
- Gas
- Insurance
- Doormen
Parking:
Complimentary valet parking is available to all residents and guests. There is one parking spot per unit; additional may be available as space permits.
FAQ
What is The Trump Ocean Club:
Located in the Punta Pacific peninsula, it is a mixed-use resort that allows you the opportunity to live, work, and play all under one roof. This great tourist, residential and hotel complex of more than 2.6 million sq. ft, (252,000m2) will be built in the strategic and most exclusive area of Punta Pacifica, in Panama City where it is destined to become a world class landmark.
The 68 story building includes:
- Condo Residences
- Hotel Condominium
- Wellness Spa & gym
- Pool Deck consisting of 6 pools, one being an infinity pool
- Boutiques & Shoppes
- Gourmet Dining
- Private Beach Club in Isla Viveros
- Yacht Club & Pier
- Business Center
- Trump Ocean Club International Casino
- Trump Ocean Club Privileges
Advantages of having a unit in Panama:
Unprecedented appreciation rates in vacation and retirement home markets in the US have led many Americans to look abroad for more affordable alternatives. Prices in the traditional south-of the- border retreats like Mexico, Costa Rica and the Caribbean have escalated to the point where they rival those along America’s own beachfronts. According to the National Association of Realtors, second home purchases in the US accounted for more than one third of annual sales in 2005. And the trend is expected to continue as the first wave of 79 million US boomers is turning 60 this year.
Americans are looking for the Next Great Destination… it is quite clear why Panama is quickly becoming the indisputable answer: Real estate prices are still affordable but are appreciating quickly. In an effort to continue attracting Americans, the government is offering 5-10 year tax exemptions on new construction projects. Panama City is a booming metropolis with world class projects like our Trump Ocean Club and Tower, mountainous landscapes, and beautiful Caribbean coastlines - the stuff of travel-magazine cover photos. Direct flights are available from Los Angeles, New York City, Houston, Dallas, Miami, and more to come with direct flights even in the works from the UK and Spain.
How to own property in Panama? Is it fully titled?
You will hold full title to your property with a publicly recorded deed of sale. It is just like a fee simple real estate purchase in the U.S.
Mode of Financing
The $US dollar is the local currency thus allowing Panama to be the only country in Latin America that offers a 30 year mortgage with rates in the 6-7 % range. Clients can apply for mortgages with HSBC, Citibank, Scotiabank, or thru any international or local bank with presence in Panama.
Can I buy using a Panama corporation?
Yes, buyers can use a Panamanian corporation or a Private Interest Foundation provided by the Trump Organization. The advantages of using a Panamanian corporation or Private Interest Foundation (PIF) are:
-Privacy in your investment
-Tax planning
-Corporations and Private Interest Foundations guarantee your asset protection in case of lawsuits or other types of legal claims against the owner of the property.
-Property under PIF are unable to be seized or be frozen by local or international court orders.
-It can be used as a living will for your assets to be directed toward the beneficiaries stated on the PIF articled of incorporation.
Is there a Property Tax Exemption on this property?
Yes. All units will be granted a 20 year Property Tax Exemption.
Can I rent my condo residence? Will there be on site help for this?
Condos will be available for mid to long term rental through the on site Trump Ocean Club rental office.
How will the Hotel Suites be rented?
The condo hotel units will automatically go into the hotel program and be rented out on a nightly basis. The Trump property will be the most luxurious in Latin America and thus will be able to charge the highest rates.
How are the Hotel suites delivered? Do I need to add anything?
The Hotel suites will be delivered fully furnished, including everything the owner will need to rent the unit.
Are my deposits secure?
The Trump Ocean Club has set up a secure HSBC escrow account for the purpose of deposits.
Picture and Prices on Trump Ocean Club - Panama
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