It is the only high-tech project to be located in the new $28 million urban revitalization area.
The area will be dedicated to providing Panamanians, foreigners, and visitors with world-class accommodations, a variety of dining options, including outdoor cafes, pedestrian-friendly green spaces, and high-end serviced residences.
All this within one of the most luxurious social places in Panama and one of the most beautiful places in the entire country.
The residences have a variety of apartments with 1, 2 and 3 bedrooms with bathroom and walk in closet.
While some will be lucky enough to live here, this two-tower complex has been granted a special license for short-term leasing, allowing for the possibility of nightly rentals with rental units offering all the conveniences and perks of a hotel, but in apartment living.
This short term rental license is over $1 million, but in Uptown this has already been taken care of and you will have the opportunity to cash in on your investment by renting to overnight travelers.
One tower will be dedicated to short-term stays, while the second to full-time, long-term residence.
With a spectacular location in the heart of Central America and the bridge of the world, 24 hour concierge and short term rental license, the return on investment potential is exceptional.
Panama has never seen development like Uptown. Which has been inspired by the Lincoln Road shopping center in Miami. This development will have similar amenities to its Miami namesake, encompassing an open-air pedestrian center.
This project works very well if you are looking for a permanent place of residence or if it is an investment that can generate high returns.
The city center is located in one of the most popular places in Panama in many ways. It is located on Calle Uruguay, which is a special neighborhood in Panama that is characterized by an active nightlife. This is the main point of restaurants, pubs, discos, bars and cafeterias and all the nightlife is concentrated here.
But what makes this area special is the fact that it is located in the center of the city, the heart of Panama.
The Old Town is another great place for nightlife and entertainment, but it is very far from the city, from the main supermarkets, shopping malls, banks, shops, means of transportation, metro stations, etc.
Calle Uruguay, on the other hand, where the Casco Antiguo is located, is very close to Calle 50, which is the banking and business center of the city. Here are the branches of all the banks in Panama and many financial and commercial offices.
Uptown is also close to what the writer considers one of the most beautiful places in the world: the Cinta Costera.
This is a village located right on the Pacific coast, it has a wide pedestrian path and also a bike path. Here I have enjoyed some of the best walks of my life, at sunset by the Ocean. It is a great place to run, for a romantic walk, to walk your dog, to entertain your guests, and all this with a fantastic view.
If you stand in the middle of the Cinta Costera, on your left you will see the majestic modern city, with its skyscrapers and you will feel on top of the world. To your right in the distance you will have a fantastic view of the Old Town of Panama, which is characterized by having a colonial style and well-preserved old buildings and houses. Before you you will have nothing but the ocean and its immensity.
But this is not all, near this area there are also medical facilities of which we would like to highlight the Johns Hopkins hospital, which is a medical center with the highest level of medicine and medical technology. Johns Hopkins can be compared to those in the US or Europe.
If you were to ask me which part of Panama I would choose to live in, it would definitely be Calle Uruguay, so Uptown offers a unique opportunity to live and rent. Imagine the return on investment you could have if you owned three Uptown apartments and offered them for rent.
what we offer
Panama’s first Air B and B nightly rental license (nightly rental is illegal in Panama and a building must have a license whose cost is more than 1 million). This allows you to rent out your apartment for the night if you wish.
Great shopping and a smart city complex below and next to all the night life.
Financing with an ROI greater than 8% plus the option to be managed by Berna or managed by yourself.
Why is this the best time to invest in Panama?
With the coronavirus crisis, the world has become an uncertain place. Although some countries have lifted quarantine regimes, governments remain in control and it is only
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