Description Partnership Opportunity - Republic of Panama.
Hotel and Residences - Panama City Bay (Project) - Ref.: P038.
Our Company represents the owners of a Hotel and Residences project in the Republic of Panama. We are seeking a partner for the development of a 4 star hotel + residences project to be located in a major touristic zone in the Panama City Bay and Canal area. A marina adjacent to the project is in study.
The project offers great potential due to its exceptional location and market position within the real estate and tourism sectors.
Key points:
- Location (prime): Panama City (Bay & Canal area),
- Hotel units: > 130 + xx Residences (condos),
- Expected hotel classification: 4 stars,
- Marina adjacent to the project in study,
- Estimated total project construction costs: US$40MM,
- Estimated financing: 65% - US$26MM,
- Capital requiredfrom Partner: US$7MM (shares: 50%),
An NDA (Non-Disclosure Agreement) will have to be signed before any exchange of confidential information. Financially qualified investors only.