Somebody has to come out on top….. Whether it’s in a sporting event, a business transaction or Panamanian real estate, there is always a winner.  In the race for the tallest building in Panama City, the highest spot has been grabbed by the IceTower, the new giant in the heart of Panama City and the new landmark on the map of Central America.  These new Panamanian homes near the banking district have set the standard for luxury in downtown Panama City.

Soaring to a height of 350 meters (1,148 feet) when completed, the 104 story IceTower will be the tallest building not only in Panama City, but in all of Latin America.  The IceTower will feature condominiums ranging from 100 m2 to 220 m2, and penthouses will range between 345 m2 and 464 m2.  The Panama homes at the IceTower, which are perfect for business people or as retirement real estate will include:

• Panoramic views of the Bay of Panama and the beautiful Panama City skyline
• Master bedrooms that have floor to ceiling windows that look out over the ocean, private bathrooms with bath tubs and walk-in closets
• Balconies
• Open concept kitchens which have ocean views
• Maid’s quarters and laundry room
• Private parking
• Ceiling heights from 2.7 mts  to 3.5 mts (8.85 ft to 11.5 ft)

As a central landmark in Panama City, the IceTower is not only a beautiful edifice, but a perfect location for many.  Located on one of the most famous streets in Panama City, the IceTower is literally seconds from the Banking District.  Its location is in an area of the city that is quite safe and it is within walking distance to the best restaurants, malls, movies and casinos.  The strategic location of these Panama homes is important for both the business man and the retiree alike.  The security of the location is an obvious attraction and its proximity to services and activities make it a perfect place to live.  The views of the Panama skyline and the ocean are breathtaking and it is only a short trip by taxi in order to enjoy the white sands of the beach.

When considering the IceTower as your Panamanian home or retirement real estate, it is good to take into account the Panama climate.  Panama is below the hurricane zone, thereby avoiding almost all hurricane-related weather.  The tropical Panama weather is consistently pleasant and the sea breezes keep this area delightfully refreshing.  Gone are the days of shoveling snow and scraping ice! 

While this might seem like the best benefit for the retiree from the north, the assistance that the government provides to retirees is even better.  Many of the costs you might encounter in your new Panama home at the IceTower are either reduced or eliminated.  Closing costs, utility charges and the like are discounted for retirees.  This in itself can represent savings of thousands of balboas, the Panama currency that is equivalent to the US dollar.

Someone had to come out on top.  Originally it was the IceTower and its beautify Panama homes.  In the end, the true winner can be you once you make the move to the IceTower, the new top of the town in Panama City.

Contact us to arrange a viewing or for more information.