Wednesday, July 1, 2009

The Plaza Costa del Este Bailout Plan


In recent Panama Real Estate News, PR Web released the following story:

"On March 2009 International Realty Partners S.A. bailed out A2SN, a Panama Real Estate Developer, from the responsibility of developing the project called The Plaza Costa del Este, located in Costa del Este, Panama City, Republic of Panama. International Realty Partners S.A. along with Rodabi Group (a USA based International Real Estate Sales Group) were the exclusive sales and marketing team for this project.

May 3, 2009 -- On March 2009 International Realty Partners S.A Developer, from the responsibility of developing the project called The Plaza Costa del Este, located in Costa del Este, Panama City, Republic of Panama. International Realty Partners S.A. along with Rodabi Group (a USA based International Real Estate Sales Group) were the exclusive sales and marketing team for this project.

The Plaza Costa del Este Hotel & Residences

The Plaza Costa del Este would be located in Panama's hottest residential district overlooking the Pacific Ocean. Just minutes from downtown Panama and the Tocumen International Airport, residents will enjoy the tranquility and luxury of ultimate living, with access to all of Panama City's finest amenities and the tropical beauty beyond. The project (one of the few mixed-use buildings allowed in this area) will consist of 100 office condos, 153 furnished hotel/condo rooms (of which 50% have already been reserved in the USA) and 19 privately owned residences along with a 2 story Skybar, a pool overlooking the Costa Del Este.

This Hotel Operator is part of Octagon Group, a well known International Hotel Development and Operation Company, which has over 20 years experience in various countries around the world, specialized in High-end Hotels and Resorts (octagoncc.com)."
Read the rest of the story here.