This is one of the last lots available in Bella Vista, just 200 mts from Balboa Avenue.
Ideally located to develop a Project with the magnificent view of the Bay of Panama.
Panama City, Panama, has proven itself to be one of the most dynamic markets worldwide. The severe lack of hotel accomodation/rooms makes this market one of the most attractive in the world. Current occupancy rates in Panama City are in the high 90 percentile. Current studies by the Government of Panama indicate that with projected growth rates 25,000 new hotel rooms will be needed in the next 5 years. Currently only a few thousand are either in the construction or conceptual stage.