When searching for a retirement haven, many from the US and Europe have found the tropical paradise of Panama.  Situated at the southernmost part of Central American and home to the Panama Canal, Panama is a growing home to those seeking retirement real estate.  With its ideal tropical climate, common currency with the US, generous retirement package and wealth of activities and attractions, it is easy to see why Panama has been honored as International Living’s top retirement destination for six consecutive years.  And now, the Loft Tower Mediterraneo has given retirees another reason to retire in Panama.

It is a relatively easy transition for many to come to Panama, and especially Panama City.  There are many Panama lawyers skilled in helping with retiree (or “pensionado”) visas.  English is spoken by many in the country and there is a certain American feel to Panama’s tropical paradise.  Panama City has been experiencing a surge in development, with many incredible luxury residential towers either constructed or in the process of being built.  These towers have homes ranging in the hundreds of thousands of dollars and are financially unattainable for many people.  Finding a modern, yet affordable home in Panama City can be the most difficult part of the transition; or it was before Loft Tower Mediterraneo.  Now the retiree has a home and can retire in Panama!

The Loft Tower Mediterraneo is a unique community project in the El Cangrejo area.  El Cangrejo is centrally located in Panama City and offers close proximity to many of the activities and attractions that the city has to offer.  Loft Tower Mediterraneo overlooks a beautiful park and is close to many fine restaurants and bars.  Some of the amenities of Loft Tower Mediterraneo are:

• A swimming pool
• A bar
• A solarium
• Ballroom with kitchen and bathrooms
• Fully equipped fitness center

In spite of the location and amenities, the apartment homes at Loft Tower Mediterraneo are definitely its best feature.  There are loft apartments that range in size from 430 sq ft to 807 sq ft.  These beautiful homes have elevated ceilings of over 9 feet.  These apartments offer a living room, kitchen, laundry room, closet and full bathroom.  There is an option in these apartments for an extra studio or an office.  The 807 sq. ft also includes a French-style balcony.

The spacious 1,305 sq. ft apartments enjoy a loft design and feature a first floor bathroom, kitchen, living / dining room, laundry room and bedroom / den.  The second floor includes a full bathroom, walk-in closet, living area and office space.  These incredible condominiums range in price from $32,000 to $139,000, which price them well below the high-rise apartments located on the Panama Bay. 

With such incredible prices, the Loft Tower Mediterraneo is affordable on even the most modest pensionado budget.  Such real estate in Panama City is unheard of, but now you can own such a place at Loft Tower Mediterraneo.  Now is the perfect time to retire in Panama and the perfect location is the Loft Tower Mediterraneo. 

Contact us to arrange a viewing or for more information.