Bala Beach Resort
Maria Chiquita Beach, Panama
This Panama resort consists of 23 rolling green acres in the country overlooking scenic Maria Chiquita Beach. It offers an opportunity to affordable own property right on Panama’s beautiful coast for less than $100,000.
The first phase of Bala Beach Resort includes two 11-story buildings centered around the pool and just steps away from over 1,000 feet of pristine Caribbean beach. Each of its condo hotel units offers expansive views of the ocean, beach and pool area.
This resort will offer a combination of striking natural surroundings and luxury amenities that include:
- Beach cabanas
- Tennis courts
- Health club and spa
- Infinity and lap pools
- Beach volleyball courts
- Basketball courts
- Valet parking
- 24-hour concierge
While Bala Beach Resort is located is in a private secure setting off the beaten path, it is still easily accessible. Currently under construction by Panama’s government is a new highway that will make traveling to and from the international airport and cosmopolitan Panama City even more convenient.
Not far from Bala Beach Resort are historical sights and a wide range of activities. Nearby are Spanish ruins, deep-sea fishing, SCUBA diving areas and also the new home-port of the Royal Caribbean cruise line.
Bala Beach Resort will have a professionally-managed rental program for those condo hotel unit owners who wish to have their vacation home generate revenue to offset expenses.
A variety of floor plans exist at Bala Beach Resort. Choose from studios and one-, two- and three-bedroom layouts ranging from 500 to 1,430 square feet. A three-bedroom, 1,980 square-foot duplex floorplan is also available, and it includes an additional 550 square foot rooftop terrace space.
Construction at Bala Beach Resort is scheduled to begin in mid-2008 and last until 2010. Prices for the condo hotel units range from $78,750 to $276,500.
