| Stay Informed About Los Islotes |
Dear Potential Investor,
You’ve likely been hearing conflicting reports about the current state of the Panama real estate investment market. Maybe you’re confused.
Here are the two things you need to know:
First, this country is positioned for tremendous further appreciation as it continues to take its place on the world stage and, especially, as the Panama Canal expansion and other mega-infrastructure projects currently under way continue to progress.
However (and this second point is critical), you need to remember that Panama is not one market. As anywhere, the “Panama market” is in fact made up of many localized markets.
The market in Panama City has been appreciating at a rapid clip for the past five years. Not only North Americans, but South Americans, too, have been migrating to the Hub of the Americas in ever-increasing volumes, gobbling up apartments in Panama City and driving up prices for new construction in the capital from $1,200 a square meter at the end of 2004 to as much as $3,600 a square meter for a recently launched building on Balboa Avenue.
In other words, today, the capital city market is over-priced and not a place I’d recommend you put your money for capital return.
About a year ago, seeing the writing on the wall for the markets in Panama City and the surrounding beaches, I began scouting in earnest for The Next Big Thing in this country. I set out to identify the local Panama market with the greatest potential for growth, both short-term and over the long haul.
After a series of extended research trips that stretched over more than 15 months, I pinpointed the region of this country that I believe will enjoy the quickest and most dramatic escalations in property values over the coming five-plus years.
This is not a retail play, and, therefore, it is not for everyone. However, if you’re interested in positioning yourself to participate in what is shaping up to become Panama’s next big boom, you’ll want to read on.
The Next Big Thing in Panama
To get to the point: The Panama market I’ve identified as most promising—and therefore as most worthy of your attention right now—is on the western side of the Azuero Peninsula, in the province of Veraguas. This region is remarkable for many reasons, including its long, long stretches of spectacularly and dramatically beautiful coastline.
In addition, this western side of Azuero is unique because, thanks to the way the peninsula is situated, it is the only place in the country that allows for sunset views over the water.
The Azuero region today is far from completely undiscovered, but most of the investment to date has been focused on the eastern side of the peninsula, in the province of Los Santos, where several developments are under way.
A few small projects are in the works on the Veraguas (that is, western) side of the Azuero Peninsula, but these have been sold out mostly to friends and family of the developers.
In other words, this Veraguas region is just beginning to attract attention. Retail buyers are starting to make their way here, but they are frustrated with what they’re finding. The market is thin.
Much of the land on the Los Santos side of the peninsula is flat at the ocean, limiting the potential for price appreciation for lots behind the front line.
On the Veraguas side, however, the would-be investor is delighted to discover that the land is typically hilly, meaning more view lots and better lots in general. Furthermore, the quality of the oceanfront land along the Veraguas coast is simply better and more interesting than much of what you’ll find on the Los Santos side.
In addition, there are islands off the shores of Veraguas that add to the quality of the views. Rather than looking out to open ocean, eventual home owners will be looking out from their decks and patios at big islands in the distance…and, then, come evening, the sunset beyond.
One of these islands, Coiba, is a national park that the government is working to open up to tourism. Around the island is the largest coral reef on the Pacific side of the Americas. These waters offer some of the best deep-sea fishing in the entire Pacific. And Coiba is one of the few places in Panama where jaguars and ocelots roam free, as well as one of the last places in Central America where the Scarlet Macaw can be found in the wild.
At the southern end of the Veraguas side of the Azuero Peninsula is the Cerro Hoya National Park, where you can trek on horseback through the preserve, hike, and camp. Off these shores, the scuba diving and surfing are top-notch and big international attractions.
On this Veraguas side of the Azuero Peninsula, my partner David Stubbs and I have found what we believe to be perhaps the most beautiful piece of coastal property we’ve seen anywhere in the world in decades of looking.
David and I have secured purchase of this prime piece of coastal property, and now we are inviting you to participate in:
An Opportunity to Nearly Double Your Money in as Little as 24 Months
Opportunities like this, for a potential double in two years, are increasingly hard to come by in this part of the world. This isn’t Nicaragua a dozen years ago. Panama is a more developed, more competitive, and, most important, a more sustainable market. Panama is a market with legs, unlike others in the region, one where you can make money both short- and long-term.
It’s probably too late for Panama City. It’s probably too late for Boquete. But you’re just in time for Veraguas. Get in now and you could double your investment (or more) in only 24 months.
If you’ve been watching opportunities come and go in this country, this could be your last best chance to act.
Specifically, this is an opportunity to get in early on the development of a 220-hectare (540-acre) piece of beachfront property on the Veraguas coast of the Azuero Peninsula (see maps below). And, because you’re participating at the earliest stages of the project, you have the potential for excellent returns.
Take a look at these maps to get your bearings
This is Not a Retail Buy
Again, this is not a retail opportunity. This is a chance for you to stake a bigger, wholesale claim.
The land is called Los Islotes, and the concept for development is for an exclusive, oceanfront, gated community with private access to the 8.5-kilometer beach that stretches across the property. (Los Islotes itself includes 1 kilometer of beach; however, from Los Islotes, the beach continues for a further 7.5 kilometers, and owners at Los Islotes, of course, will have full access to the entire beautiful, long stretch.)
Depending on the final land survey, approximately 600 lots will be created, of which at least 70% to 80% will have direct ocean views. This is nearly unheard-of for a piece of land of this size. It means there will be almost no “bad” lots.
Access to Los Islotes is via a paved road except for the last 5 kilometers, which is via an all-weather gravel road. This gravel road makes for better driving, in fact, than some paved roads I’ve traveled in Central America. No kidney replacement required after visiting your lots.
Currently planned amenities include a clubhouse, tennis courts, a pool, a gate and gate house, stables, and underground utilities.
We plan also to pursue other potential enhancements to the property, including a hotel, spa, and a marina in the adjacent estuary. There is a landing strip near to the property, and we will endeavor to obtain permission for Los Islotes property owners to be able to make use of it.
Access to electricity is at the gravel road. Water is abundant in the area. The development costs and timeline are greatly reduced by having this main infrastructure right to the front gate of the property.
We intend to launch Phase I of retail lots at Los Islotes in less than a year’s time. You could wait until then and buy into this upscale private community retail. Certainly, we’ll alert you at that time.
Right now, however, I’m writing to alert you to a different kind of opportunity altogether…a chance to get in pre-retail and to position yourself to double your investment in as little as two years time.
We’re making this uncommon offer for a limited time because we want to build early momentum as we launch the project.
Bottom line, therefore, you have the very limited opportunity to own some of the most spectacular coastal land we’ve identified in a just-about-to-be-discovered region of the hottest market in Central America right now…for as little as $18.33 per square meter.
As I mentioned earlier, this could be your last best chance to get in on the next best emerging market of opportunity in Panama, the market we’ve identified as the most sustainable in the region.
Things are heating up in this Veraguas region of the country as I write. The time to position yourself is now.
Reach me at info@losislotes.com.
Sincerely,
Lief Simon
For Los Islotes
P.S. This Los Islotes offering is not only an opportunity to position yourself early in THE next market in Panama…where you could double your money in as little as 24 months…but it’s also a chance to get in early (in fact, a chance to get in at the wholesale level) in the development of a remarkably beautiful piece of beachfront property. Take a look:
Left is the view north from a small private beach on the property at low tide; right shows the view of nearest island, accessible by foot at low tide.
Most of the land at Los Islotes is rolling hills with ocean views from nearly all points.
For details on how you participate in this rare opportunity please email info@losislotes.com.