• 1 404 382 0398
  • 507 320 4310
  • +507 6103-4617
  • lisa@panamaequity.com
  • English
    • Español
  • Start Here
  • Panama Properties
    • For Sale
    • For Rent
    • List Your Property
    • Panama City Building Directory
    • Panama City Pre-Construction Listings
    • Beach Building Directory
  • About Us
    • Blog & Guides
      • Panama Guides
      • News & Insights
    • List Your Property
    • Property Management in Panama
  • Join Our Team
  • Contact Us
Menu
  • Start Here
  • Panama Properties
    • For Sale
    • For Rent
    • List Your Property
    • Panama City Building Directory
    • Panama City Pre-Construction Listings
    • Beach Building Directory
  • About Us
    • Blog & Guides
      • Panama Guides
      • News & Insights
    • List Your Property
    • Property Management in Panama
  • Join Our Team
  • Contact Us
  • About
  • Buy
  • Rent
  • Sell
  • Guides
  • Property Management
  • News & Insights
  • Join Our Team
  • Contact
Menu
  • About
  • Buy
  • Rent
  • Sell
  • Guides
  • Property Management
  • News & Insights
  • Join Our Team
  • Contact
  + 011 507 320 4310
1 404 382 0398
  • English
    • Español
Colonial 4-bedroom Single Family Home for Sale in Obarrio Panama
BIOMA Pre-Sale Luxury Condo In Costa del Este
  • Start Here
  • Panama Properties
    • For Sale
    • For Rent
    • List Your Property
    • Panama City Building Directory
    • Panama City Pre-Construction Listings
    • Beach Building Directory
  • About Us
    • Blog & Guides
      • Panama Guides
      • News & Insights
    • List Your Property
    • Property Management in Panama
  • Join Our Team
  • Contact
  • My Account
Menu
  • Start Here
  • Panama Properties
    • For Sale
    • For Rent
    • List Your Property
    • Panama City Building Directory
    • Panama City Pre-Construction Listings
    • Beach Building Directory
  • About Us
    • Blog & Guides
      • Panama Guides
      • News & Insights
    • List Your Property
    • Property Management in Panama
  • Join Our Team
  • Contact
  • My Account
  • English
    • Español (Spanish)
  • 1 404 382 0398
  • 507 320 4310
  • +507 6909 6781
  • lisa@panamaequity.com
construction-starts-on-downtown-panamas-second-artificial-island

Construction Starts on Downtown Panama’s Second Artificial Island

By

Kent Davis

Posted in Blog, Projects, The Panama Real Estate Market On May 22, 2015

Residents of Punta Pacifica and Paitilla have been curiously watching construction progress on the first of two private islands located just off the coast of downtown Panama City, Panama.

Last week, Dutch firm Royal Boskalis Westminster moved equipment in place to begin construction of the second artificial island in the project.

Pre-sales of Island 1 were brisk, and most of the lots for sale were purchased by friends and family of the developer and resold at a handsome profit to end users who plan on building private homes on the 25 acre waterfront gated community.

To date, most of the construction on the first island has been a handful of mutli-family low rise condo developments, the first of which is due for completion and delivery in the next few months.

The second island, which will measure 20 acres, is going to be connected to Island 1 and will feature a marina (between the two).

This project is ambitious to say the least but they pulled off construction of the first island, so who’s to say they can’t do it again on the second!

Panama Equity is currently working with the developers on presales of the lots on the second island and has a few resale opportunities in both the condos for sale on the island as well as one home site.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Search
Generic filters

Categories

Featured Properties

Featured
View Property

Lots Of Outdoor Living In one Of Panama´s Nicest Mountain Communities

Nestled on a tranquil cul-de-sac of a quiet street, this…

Bedrooms
4
Bathrooms
3.5
Area
600 m2
For Sale

$650,000

Featured
Rivage Avenida Balboa Panama Apartment for rent
View Property

Furnished Penthouse For Rent In Rivage, Avenida Balboa

Enjoy incredible views from every angle of this penthouse in…

Bedrooms
3
Bathrooms
3
Area
176 m2
For Rent

$2,300

Featured
Nuovo Bella Vista Panama condo for rent
View Property

Luxury Living In Nuovo By Armani/Casa: Corner Condo For Rent

This corner condo for rent has an ocean view and…

Bedrooms
2
Bathrooms
3
Area
109 m2
For Rent

$2,450

Contact Us

EDIFICIO SORTIS, OFICINA 20TH FLOOR OBARRIO, PANAMA
OFFICE: +507 320-4310
USA DIRECT: +1-404-382-0398
  • About
  • For Rent
  • Panama Guides
  • News & Insights
  • Contact
  • About
  • For Rent
  • Panama Guides
  • News & Insights
  • Contact
  • For Sale
  • List Your Property
  • Panama City Building Directory
  • Best Places in Panama
  • Property Management
  • For Sale
  • List Your Property
  • Panama City Building Directory
  • Best Places in Panama
  • Property Management
Facebook Twitter Instagram Linkedin Youtube
Send Email
  • English
    • Español (Spanish)
  • Account
  • Blog Posts
  • Pre-Construction
  • Join Our Team
  • Privacy Policy
  • Account
  • Blog Posts
  • Pre-Construction
  • Join Our Team
  • Privacy Policy
Copyright © 2023 Panama Equity. All Rights Reserved.