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!"#$%&'()*PANAMA COMMERCIAL
PRIME HOTEL & CASINOOPPORTUNITY IN BOOMING
PANAMA CITY, PANAMA
Contact: Allison Dowdy - President
415.373.0458 (US) - 507.832.5583 (PA) - 6481.9908 (Cell)
HomesandLandPanama.com - [email protected]
mailto:[email protected]:[email protected] -
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Allison Dowdy - President
415.373.0458 (US) - 507.832.5583 (PA) - 6481.9908 (Cell)
HomesandLandPanama.com
[email protected] Premier Commercial Real Estate Brokerage
!"#$%&'()*PANAMA COMMERCIAL
Hotel & Casino Investment Analysis
Panama City, Panama
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The information contained in the following Prospectus is
proprietary and strictly confidential. It is intended to be reviewed
only by the party receiving it from Allison Dowdy - Homes and
Land Panama and should not be made available to any other
person or entity without the written con-sent of Allison Dowdy -
Homes and Land Panama. This Prospectus has been prepared to
provide summary, unverified information to prospective
purchasers, and to establish only a preliminary level of interest inthe subject property. The information contained herein is not a
substitute for a thorough due diligence investigation. Allison
Dowdy - Homes and Land Panama has not made any
investigation, and makes no warranty or representation, with
respect to the income or expenses for the subject property, the
future projected financial performance of the property, the size
and square foot-age of the property and improvements, the
presence or absence of contaminating substances, PCB's or
asbestos, the compliance with State and Federal regulations, thephysical condition of the improvements thereon, or the financial
condition or business prospects of any tenant, or any tenants
plans or intentions to continue its occupancy of the subject
property. The information contained in this Prospectus has been
obtained from sources we believe to be reliable; however, Allison
Dowdy - Homes and Land Panama has not verified, and will not
verify, any of the information contained herein, nor has Allison
Dowdy - Homes and Land Panama conducted any investigation
regarding these matters and makes no warranty or representation
whatsoever regarding the accuracy or completeness of the in-
formation provided. All potential buyers must take appropriate
measures to verify all of the information set forth herein.
All inquiries related to this property should be directed only to the
designated listing agent:
Allison Dowdy - President
415-373-0458 (US)
507 832-5583 (Panama)
www.HomesandLandPanama.com
mailto:[email protected]:[email protected]://www.homesandlandpanama.com/http://www.homesandlandpanama.com/mailto:[email protected]:[email protected] -
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Allison Dowdy - President
415.373.0458 (US) - 507.832.5583 (PA) - 6481.9908 (Cell)
HomesandLandPanama.com
[email protected] Premier Commercial Real Estate Brokerage
!"#$%&'()*PANAMA COMMERCIAL
Hotel & Casino Investment Analysis
Panama City, Panama
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Property HighlightsLocated in the heart of the economically booming Panama City,
Panama in the thriving Downtown Financial District, this 500,000
square foot hotel and casino offers a spectacular opportunity to
capitalize on the cities rapidly growing economy.
Featuring 27 floors with 304 oversized guest rooms, 26,738+/-
square feet (2,484 sq meters) of Casino floor with slots, table gamesand sports book, and 60,000 square feet of hospitality and
conference facilities including (3) restaurants, ballroom, conference
room, 26th floor sky bar, Salon/spa/fitness center, swimming pool,
and business center.
Investment Summary
The Property is priced at $75M for both the Hotel and Casino, orcan be separated with the Hotel only priced at $55Mand the Casino
at $20M. The savvy investor will see the immense upside potential
on this investment, with Panamas GDP Growth at 10.7% and overall
economy expanding exponentially.1 Panama is being touted as the
Fastest Growing Economy in Latin America2, and for good
reason. The projected casino Net cash flow per year for year 5 is
$8,366,716.
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Panamas Premier Commercial Real Estate Brokerage Allison Dowdy - President415.373.0458 (US) - 507.832.5583 (PA) - 6481.9908 (Cell)
HomesandLandPanama.com
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Panama's Economy Will Grow Over 5 Percent In
2014, Making It The Fastest Growing EconomyIn Latin America.
- PATRICIA REY MALLN, INTERNATIONAL BUSINESS TIMES
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Allison Dowdy - President
415.373.0458 (US) - 507.832.5583 (PA) - 6481.9908 (Cell)
HomesandLandPanama.com
[email protected] Premier Commercial Real Estate Brokerage
!"#$%&'()*PANAMA COMMERCIAL
Hotel & Casino Investment Analysis
Panama City, Panama
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Hotel Features BreakdownFor a more in-depth analysis, please see page 13 of this package.
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Allison Dowdy - President
415.373.0458 (US) - 507.832.5583 (PA) - 6481.9908 (Cell)
HomesandLandPanama.com
[email protected] Premier Commercial Real Estate Brokerage
!"#$%&'()*PANAMA COMMERCIAL
Hotel & Casino Investment Analysis
Panama City, Panama
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Casino FeaturesThis property features 26,738 square feet of casino floor in an
economy where gambling is big business. The casino industry in
Panama is healthy and alive, and this project aims to capitalize on its
popularity.
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Allison Dowdy - President
415.373.0458 (US) - 507.832.5583 (PA) - 6481.9908 (Cell)
HomesandLandPanama.com
[email protected] Premier Commercial Real Estate Brokerage
!"#$%&'()*PANAMA COMMERCIAL
Hotel & Casino Investment Analysis
Panama City, Panama
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The Vibrant Panamanian EconomyThis property presents a spectacular opportunity for the investor
seeking a unique asset in an incredibly vibrant economy. The goal of
this project is to develop a world-class, luxury hotel & casino in the
heart of this bustling city, catering to top-tier business travelers and
tourists. With its large rooms, central location, and full spectrum of
amenities and entertainment options, this property aims to provide
visitors with an ultimate hospitality experience.
The Republic of Panama has experienced enormous growth over the
past 5+ years and continued growth is expected. It continues to be
one of the most popular retirement and tourism destination for
Americans, and business is boomingas the expansion of the
Panama Canal progresses and more multinational corporations
establish new headquarters. Thousands of professionals visit Panama
City annually in conjunction with these business and tourism
activities, creating a strong demand for hotels and actively drivingthe hospitality industry.
Panamas visitor growth is evidenced and will be further supported
by the plane expansion of Tocumen International Airport. The
expansion, with a budget of nearly $700M, will allow a total airport
capacity of 15 million passengers per year and includes a new
control tower, 20 new gates, a new parking lot, and direct access to
the Corredor del Sur.
VVarious other major projects are underway in Panama City as rapid
development continues. Some of the most exciting of these include:
Casco Viejo:The old city has seen a massive surge in recent
investment. Its historical buildings are being restored to their original
beauty, revitalizing the neighborhood and reinstating it as a center of
culture and history.
The BioMuseo:Designed by famous architect Frank Gehry, the
BioMuseo promises to be a new national landmark that will
showcase Panamas incredible biodiversity.
APanama City metro systemconstruction is underway, and is
scheduled for completion by the end of 2014.
The expansion of the Panama Canal is also complimented by
planned dock expansions to accommodate increased cruise ship
traffic, which will also contribute to continued tourism growth.
mailto:[email protected]:[email protected] -
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Allison Dowdy - President
415.373.0458 (US) - 507.832.5583 (PA) - 6481.9908 (Cell)
HomesandLandPanama.com
[email protected] Premier Commercial Real Estate Brokerage
!"#$%&'()*PANAMA COMMERCIAL
Hotel & Casino Investment Analysis
Panama City, Panama
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Panama Investment - Tax IncentivesThe following tax incentives have been granted to this project by the
Panamanian Tourism Institute:
- Complete exemption for a period of twenty (20) years from importduties, levy, encumbrances or rights of any denomination or class, which
may be imposed on the introduction of materials, utensils, furniture,
equipment, boats and automotive vehicles with a minimum capacity of
eight (8) passengers.- Exemption from land tax for a period of twenty (20) years counted as ofthe date of registration in the National Tourism Registry. This exemption
shall cover all the real property belonging to the company.
- Exemption of the company from all tax or encumbrance on its capital.
- Exemption from the payment of docking taxes or any rates for landing
in docks, airports, or heliports of their property, built or rehabilitated by
the company.
- Exemption from the payment of income tax on the interest earned bycreditors in operations designated to investments in public lodgingestablishments.
- For the purposes of the calculation of the depreciation of real property,a rate of 10 percent (10%) per annum shall be permitted, excluding the
value of the land.
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Allison Dowdy - President
415.373.0458 (US) - 507.832.5583 (PA) - 6481.9908 (Cell)
HomesandLandPanama.com
[email protected] Premier Commercial Real Estate Brokerage
!"#$%&'()*PANAMA COMMERCIAL
Hotel & Casino Investment Analysis
Panama City, Panama
9
Projected Casino Operating Budget
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Allison Dowdy - President
415.373.0458 (US) - 507.832.5583 (PA) - 6481.9908 (Cell)
HomesandLandPanama.com
[email protected] Premier Commercial Real Estate Brokerage
!"#$%&'()*PANAMA COMMERCIAL
Hotel & Casino Investment Analysis
Panama City, Panama
10
Project Details
mailto:[email protected]:[email protected] -
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Allison Dowdy - President
415.373.0458 (US) - 507.832.5583 (PA) - 6481.9908 (Cell)
HomesandLandPanama.com
[email protected] Premier Commercial Real Estate Brokerage
!"#$%&'()*PANAMA COMMERCIAL
Hotel & Casino Investment Analysis
Panama City, Panama
11
Project Details
mailto:[email protected]:[email protected] -
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Allison Dowdy - President
415.373.0458 (US) - 507.832.5583 (PA) - 6481.9908 (Cell)
HomesandLandPanama.com
[email protected] Premier Commercial Real Estate Brokerage
!"#$%&'()*PANAMA COMMERCIAL
Hotel & Casino Investment Analysis
Panama City, Panama
12
Project Details - Professional FacilitiesThe hotel offers 11,980 sq. ft./1,113 sq. meters of meeting space with natural light for business
and social occasions, accommodating up to 460 guests. For smaller business meetings, the hotel
offers 4 private meeting rooms, accommodating 10 to 18 people. A dedicated catering and
convention services team of experts is available to create memorable experiences. Audio-visual
equipment and services are available upon request.
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Allison Dowdy - President
415.373.0458 (US) - 507.832.5583 (PA) - 6481.9908 (Cell)
HomesandLandPanama.com
[email protected] Premier Commercial Real Estate Brokerage
!"#$%&'()*PANAMA COMMERCIAL
Hotel & Casino Investment Analysis
Panama City, Panama
13
Project Details - Building Configuration
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Allison Dowdy - President
415.373.0458 (US) - 507.832.5583 (PA) - 6481.9908 (Cell)
HomesandLandPanama.com
[email protected] Premier Commercial Real Estate Brokerage
!"#$%&'()*PANAMA COMMERCIAL
Hotel & Casino Investment Analysis
Panama City, Panama
14
Project Details - Room Configuration
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Hotel & Casino Investment Analysis 15
!"#$%&'()*PANAMA COMMERCIAL
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Hotel & Casino Investment Analysis 16
!"#$%&'()*PANAMA COMMERCIAL
Rooftop Pool
Full service Spa
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Hotel & Casino Investment Analysis 17
!"#$%&'()*PANAMA COMMERCIAL
Fully Equipped Gym
Beauty Spa and Salon
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Hotel & Casino Investment Analysis 18
!"#$%&'()*PANAMA COMMERCIAL
Living Area in Suites
Full 360 Panoramic City Views
Spacious Bedrooms in Suites