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Beach Front - $85,000 OFF - FREE Trip
Beach Front - $85,000 OFF - FREE Trip
 
Sale Price : $ 335,000
Type: Apartment
Status: For Sale
Construction Year: 2009
Location: Beach/Islands
Address: Coronado Bay Gated Community Of Coronado 75 Minute Drive From Panama City
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Property Infomation
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Bedrooms: 1 Stories: 22  
Bathrooms: 2  Garage: N/A  
Area:   1,248 Square Feet  Sleeps: 4  
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Features
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  • Beach View
  • Direct Ocean Front
  • Covered Parking
  • Swimming Pools
  • Fitness Centers
  • Tennis Court
  • Golf Course
  • Internet/Phone
  • Cable TV
  • Patio
  • Balcony/Terrace
  • Gym/Spa
  • Tennis Court
  • Studio Room
  • Laundry Room
  • Maid's Bathroom
  • Maid's Quarters
  • Pet Friendly
  • Appliances
  • .
    Description
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    Direct Beach Front Apartment...Coronado Bay...$85,000 OFF...
    And as a limited time bonus, I will pay for you to come down to Panama, FREE...
    To see how you can buy this apartment...at over $85,000 off....with more pictures....complete descriptions...and *all the numbers*...please see below. Oh ya, your FREE Trip too...

    ---

    No, this isn’t some kind of special gimmick. I first wanted to mention that this is for sale by owner (fsbo). I am not a real estate agent or developer. All information, prices, details, and pictures…are current as of October 2008.

    This should give you all the relevant information regarding the unit, including the actual numbers so you can make your decision on if this apartment is for you.

    Coronado Bay #1901 for $335,000 is being build by one of Panama’s premier builders, Empresas Bern.

    It is located in the gated community of Coronado…about a 75 minute drive from Panama City.

    It is located *directly on the beach* …so, there is nothing in front of it…nothing blocking it, just ocean.

    The entire building will consist of 22 floors and about 200 apartments, with 10 being on each floor. Units #1 and #2 are the only 2 units that are directly on the beach (see below with pictures). The other units will consist of partial ocean views or mountain views.

    Details:

    My apartment is on floor #19. My apartment is model #1. That means that it is #1901. Like I mentioned above…only 2 models, #1 and #2, sit directly on the beach…and mine is #1.

    To make this perfectly clear - all the other 8 apartments per floor - are NOT on the beach - they have mountain views. Only 2 units per floor are directly on the beach.

    It consists of 1 bedroom/1.5 bathrooms (can be converted into 2 bedrooms), 116 square meters (1,248 square feet), top of the line kitchen, walk in closet in the master bedroom, foyer, living room and dining room, laundry room, 1 parking space, and comes with a 20 year property tax exemption. It is in a corporation and all assignment paperwork is done for the new buyer.

    As of October 2008 there is only 1 other unit like mine available. It is on floor 11. So, it is
      #1101. It is for sale for $402,000. If you add in the fact that my unit is 8 floors higher…and the cost is generally $2,000 per floor…my units “retail” value is $418,000.

    As you can see…my unit is priced at least $85,000 cheaper…as I write this. And thats IF you can find one.

    Numbers:

    If you were looking to purchase this apartment from me before November 30, 2008, here is how the numbers would look:

    Purchase Price: $335,000

    Separation money to me: $163,062. (This includes everything I have paid the developer and profit - you pay me this amount. Contact me for a payment schedule that works for ME and YOU.)

    Contract is in a corporation. We transfer the contract over from ME to YOU. This price also includes the corporation.

    Now the contract is yours…in the corporations name.

    Nothing else is owed to the developer until completion date…which is October 2009.

    At the completion date…the amount you owe the developer…which is the contract you bought from me…is $171,937. 28.

    *** Special Bonus - FREE Trip ***

    That’s right, as a very special bonus…if you purchase this condo from me before November 30, 2008…I will pay for you and a guest (2 people) to fly on down to Panama, from wherever you live, FIRST CLASS. I will pay for you to spend 6 nights and 7 days at the FIRST CLASS Intercontinental Playa Bonita Resort And Spa. I will pay for you to rent a PREMIUM car while you are here for those 6 nights and 7 days. I will also pay to cover all of your meals. Sound crazy? Maybe. But, if you buy from me…I make it worth it. How worth it? Lets add it up:

    * Two (2) FIRST CLASS airplane tickets - About $3,000
    * 6 nights/7 days at the FIRST CLASS Intercontinental Playa Bonita Resort and Spa - About $1,500
    * PREMIUM Rental Car while you are here - About $500
    * Meals while you are here - About $500
    * Some extra spending money while you are here - $500
    * Grand Total - Yup, that’s about $6,000 worth of craziness

    Should you be interested in hearing more about this amazing opportunity, have questions, or are ready to purchase, please contact me here.
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    Additional Images (click to view a larger images) 
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    Apartment Layout
    Apartment Layout
    Floor Layout
    Floor Layout
    Arial View
    Arial View
    May 2008 Construction Photo 1
    May 2008 Construction Photo 1
    May 2008 Construction Photo 2
    May 2008 Construction Photo 2
    May 2008 Construction Photo 3
    May 2008 Construction Photo 3
    May 2008 Construction Photo 4
    May 2008 Construction Photo 4
    May 2008 Construction Photo 5
    May 2008 Construction Photo 5
    Contact Information
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    Name: Scott P Taylor
    Phone: 760 208 1207
    Fax: 760 683 3140
    Email: spthomes@aol.com
    Site: http://www.panamavultures.com
    Your Name:
    Your Email:
    Your Comments:
     
     
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