Recently completed Playa Blanca resale units available with 19 years left of 20 year tax exemption.  Units come completely furnished with kitchen appliances, all furniture, fixtures, air conditioning units, and kitchenware.  Some units even have new tile and/or wood floors.  Playa Blanca has become Panama's premiere beach destination.  It was recently ranked #22 on the New York Time's list of top worldwide tourist destinations for 2008 (http://www.nytimes.com/2007/12/09/travel/09where.html?em&ex=1198040400&en=f465f352ada6aa5b&ei=5087%0A).  These units have amazing direct ocean views (units available on floors 5 - 8, 3 of the four have the most direct ocean view available) as well as fantastic views of the entire Playa Blanca Resort.  Numerous resort amenities available.  In addition, a laguna project tagged as the world's second largest swimming pool will begin this year - designed by the same architect of the world's largest swimming pool currently located in San Alfonso del Mar, Chile.  The lagoon/pool will wrap around the back of this Villa Azul tower.  Expect continued strong price appreciation of these units in 2008 and 2009 as construction on the laguna begins, Nikki Beach Hotel has its grand opening in early 2009, and Hard Rock Hotel prepares to begin construction on its own hotel in the area.   

The nicest unit available, which is the one pictured below, is a beautifully remodeled 1162 square Unit featuring new pergo floors and beautiful finishes.  Owner is interior designer/decorator and has included all the fine touches - quality paints, matching decor, high end furniture, plasma tv, surround sound dvd, retiled entryway, etc.  All furniture, air conditioners, appliances (including washer/dryer) ceiling fans, bamboo blinds, kitchen utensils, plants, vases, pans, plates, even the capucino maker are included!  Well  over $20,000 invested in remodeling, furnishings and finishes.  In addition, the unit also has nearly 19 years left of a 20 year tax exemption.  The best value unit runs for $218,000 on the eigth floor.  It is also fully furnished but priced lower because it angles towards the side and as such has a less panoramic ocean view.  Financing for all units is available through a U.S. bank to U.S. and Canadian citizens.  Local financing available to all other nationalities. 

For more details on the Villa Azul project, feel free to look at the developer's previous preconstruction webpage (http://www.playablancarealestate.com/villazul_i.html).  We look forward to hearing from you.