Making a Move for a Second Home - Panama Attracts Retirees, Investors
As popular second-home venues become over-priced and over-populated, home buyers are looking at locations outside the U.S. that offer easy access, low cost living and retirement benefits. Developments like the Tucan Country Club & Resort, a new golf resort and community in Panama, which broke ground in 2004 and will include 424 residences, is generating interest among those looking for second homes in an exotic and safe location.
(PRWEB) June 9, 2005 -- “Baby boomers, the largest generation in American
history, are in their peak earning years. They are the ones buying second homes
in record numbers,” commented Dinesh Vaswani, Executive Vice President and
Director of Marketing for Tucan Country Club & Resort. “We’ve had strong
response from both North America and Europe. The design and quality of
construction of the homes we are building, along with Panama’s prices and
incentives make it an easy buying decision.”
Each condo, villa and home
at Tucan Country Club & Resort is designed with all the modern conveniences
– tall ceilings, central air-conditioning, fast-access internet service and
modern appliances are just a few of the features. The new championship golf
course, scheduled to open in 2006, will feature a first-class club house with
indoor and outdoor dining facilities, meeting rooms, activity rooms, ballroom,
men’s and woman’s club rooms and bars.
Located minutes from Panama City
over the Bridge of the Americas, the Tucan Country Club & Resort spans
180-acres and will encompass a 100-room hotel and 424 residences consisting of
villas, town homes and condominiums. Home prices start at just $198,000 for a
two-bedroom, 1,350 square foot condominium including membership in the golf
course and country club. Additional conveniences will include a shopping center
with banking facilities, laundry services, pharmacy, beauty salon, grocery
store, travel and tourism agency, spa, tennis club and
gymnasium.
With more than 20,000 Americans currently
living in Panama, the country is fast becoming a popular destination for
vacation and retirement purchases. Easily accessible from the U.S. with daily
flights from more than eight gateways across North America, Panama’s U.S. style
infrastructure and booming cosmopolitan city offer unsurpassed amenities
including a low cost of living, bargain property deals and powerful tax
incentives. The transition to Panama is extremely easy, with the U.S. dollar
being the main currency and although Spanish is the official language, almost
everyone speaks English.
About Tucan Country Club
& Resort
Tucan Country Club & Resort is a 180-acre private gated golf
community located 15 minutes from the capital, located between a tropical rain
forest and the Panama Canal Zone. The development will include 424 residences
(condominiums, town homes, villas), a boutique resort hotel and a championship
golf course. For more information about Tucan Country Club & Resort visit www.tucancountryclub.com or call +507-211-1308/3472.
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Source : http://www.prweb.com/releases/2005/6/prweb248788.htm