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Reynald Katz > Intel > Double Digit Return on CRE in Panama

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Double Digit Return on CRE in Panama

Commercial real estate investors can now earn double-digit returns by purchasing showrooms in the Panama International Merchandise Mart – PIMM. Investing in PIMM is a unique opportunity to profit from Panama’s real estate boom .

How does the investment work?

The investment plan is simple and effective. The price for showrooms is US$2500 mt2. The minimum purchase is $125,000 for a 50 mt2 unit. 40% can be financed through PIMM tax free and the investor is eligible to obtain 20-year financing on the balance through Panama’s International Banking Center. PIMM will help investors buy space in market sectors that have proven to sell out quickly in other marts worldwide.

As per ROI, PIMM is scheduled to open in 2010. At that time prices per mt2 will be increased. When this happens, the showroom owner can sell for a profit, or they can have PIMM lease the showroom for them until they are ready to sell.

Is your investment sound?

Panama real estate is booming and has been for the last 5 years. Panama’s economy grew 11% in 2007. Major players such as Caterpillar, HP, Dell, Proctor & Gamble and others have opened corporate headquarters in the country. As a result, commercial real estate prices have risen rapidly, yet appreciation and value remain solid. Major indicators agree the trend will continue.

Images


PIMM Showroom Building
PIMM Showroom Building

Contributed by Reynald Katz on July 4, 2008, at 2:40 PM UTC.

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This intel was contributed by Reynald Katz


Reynald Katz

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