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Great Reasons to Buy NOW in Amador
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1. Great Rental Potential:
- The US Government is now building the largest embassy ever built outside the USA in Clayton, which is just 5 minutes from Amador.
- There will be approx. 5,000 people working for the US government and most of them will want to live close to the US Embassy.
• With the upcoming expansion of the Panama Canal, thousands of foreign workers will be looking for housing close to the Panama Canal.
- Amador is home to four Marinas, over 20 restaurants, hotels, clubs, boating shops, tennis courts, a convention center, and the new Biodiversity Museum by Frank Ghery (currently under construction), plus just minutes from Florida State University campus.
- All the empty lots in Amador that are zoned for residential condos are already bought, so the supply of rental condo’s will be limited in the area.
- With fixed interest rates offered by Panamanian banks, you can be guaranteed positive cash flow on your rental for years to come.
2. Fantastic Variety of Amenities:
- Amador offers a beautiful, 5 km boardwalk along the Panama Canal and Pacific Ocean, with lots of green field areas for picnicking, walking, jogging, bicycling, and sports.
- Amador offers sandy beaches, restaurants, coffee shops, convenient stores, bakery, gas station, beauty salon, hotels, clubs, marinas, museum, wine store and more.
3. Amador is Conveniently Located:
- Only 5 minutes to Albrook’s El Rey Supermarket, Arrocha Pharmacy, Subway sandwich franchise, five Banks, and the Albrook Airport.
- Only 3 minutes to the new Albrook Mall with over 250 stores.
- Only minutes to downtown Panama City.
- Only 3 minutes to Florida State University in La Boca.
- Only 1 minute to the new Bridge of the Americas.
- Only 6 minutes to Cardenas or Clayton for school kids (Balboa Academy, etc.).
- Only 10 minutes to Gamboa for great bass fishing.
- Only 1 minute to the marina.
4. Spectacular views of Ocean, Panama City, and Canal:
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Amador is surrounded by the Pacific Ocean, with the Panama Bay on one side, and the Panama Canal on the other.
- Enjoy Panama’s best Pacific Ocean and Canal views from the comfort of your terrace every day.
5. Prices in Amador are Still Cheap:
- bedroom condo from only $170,880 or 3 bedroom condo from $226,800
- Condo prices are going up fast in Panama City, especially in Amador.
- Variable mortgage rates with Panamanian banks are as low as 5.5%.
- Fixed rate mortgages with Panamanian banks are currently at 6.75%
- Reserve your condo with only $5000. Pay 10% down in December 2006.
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