The Surf At Playa Malibu
THE SURF at Playa Malibu
The best experience!
Nueva Gorgona, Provincia de Panamá Oeste, Panama

THE SURF At Playa Malibu By Nueva Gorgona Playa Resort Inc.

Location: Playa Malibú, Nueva Gorgona, Panamá

Condominium - Panamá - Provincia de Panamá Oeste

Prices starting from: $ 99,900

The residential project THE SURF AT PLAYA MALIBU, consists of 28 apartments on the beach, distributed in 5 floors, as follows.
1. Ground floor parking with an apartment. Facing the ocean with a large terrace as a common area.
2. First floor, 10 comfortable apartments, overlooking the ocean and the mountains,
3. second and third floor have 8 apartments of which 2 are more spacious and one of them communicates with the 4th floor.
4. Fourth floor, has a spacious apartment and is the social area of ​​the building with outdoor restaurant, kitchen area and BBQ.
All apartments have a living room, dining room, bedroom, bathroom and terrace with different views, towards the ocean and the mountains. Social area on the roof an approximate surface area of ​​four hundred twenty-seven (427) square meters. Swimming pool located on ground floor, bar, reception area, social area with lawn facing the ocean with a surface of approximately twenty (20) meters of oceanfront.
This project offers the opportunity to rent your property, when not using it. The low purchase price and the high rental rate produces extraordinary financial benefits.
Property Type
  • Condominium
  • Residential Low- or Mid-rise
  • Vacation Homes
  • Waterfront Properties
  • Tourist Destinations
  • Investment Opportunity
Amenities
  • Picnic area
  • Restaurant
  • Furnished
  • Swimming pool
  • Rainwater harvester
  • Closed circuit
  • Display windows
  • Multi story
  • Telephone
  • Fire sprinklers
  • Garden
  • Fully maintained lawns
  • Barbecue area
  • Jacuzzi
  • Outdoor kitchen
  • Game room
  • Terrace
  • Parking
  • Air conditioning
  • Green areas
  • Common areas
  • Auditorium
  • Elevator
  • Gated community
  • Outdoor grill
  • Pets allowed
  • Kitchen area
  • Wireless internet
  • Dressing room
  • Ceiling fans
  • Separate entrance
  • Waterfront
  • Cable tv
  • Reception
THE PACIFIC OCEAN AND BEACH

Malibu Beach is a quiet, white sand beach one of the closest to Panama City, a favorite for surfers. Waves vary from 2 feet to 8 feet high, tubular, breaking to the right and left. Malibu beach is very close to the Chame river and provides an excellent view of the mountains and Playa Coronado. The area is known for its excellent fishing.


ARTSTONE FINISHES

WHATS IS ARTSTONE?ArtSTONE is original and functional art. ArtStone is typically created with inlays of glass, semi-precious stone, metal wood or aggregates from locations all over the world.

ARTSTONE IS CONCRETE REDEFINEDFrom polished concrete tops, to diamond polished floors, microlayers, to custom indoor and outdoor furniture.ArtSTONE skilled artisians sculp concrete into “one of a kind” pieces you can enjoy for a lifetime.THE SURF  is designed to be a show piece featuring ArtSTONE. The ArtSTONE finishes will be complemented by high end cabinetry and matching doors. The pleasing enviurment achieved by hand selecting these finishes will provide lasting value for your new tropical


BBQ, RESTAURANT, BAR AND SOCIAL AREA

 The Surf offers fresh, quality food prepared and presented in an exquisite manner. The Pacific Ocean is directly in front of The Surf and is full of fresh fish, shrimp, oysters and lobster. You can look forward to preparations created from a wide variety of fresh fish paired with mangos and other tropical fruits.

 The outside kitchen is equipped with a smoker and a BBQ, you can be sure there will be an endless supply of culinary delights  created at The Surf.  There are many ways to spend your day at your tropical paradise. Surfing, fishing, body surfing hiking, river walk, sunbathing, lounging by the pool, day sight-seeing tours, and much more


INVESTMENT GRADE UNITS-MONTHLY CASH FLOW

THE SURF AT PLAYA MALIBU in addition to offering comfortable apartments that serve your life style, also offers you an investment opportunity as rental income. Our conservative financial model calculates the property would only be rented 55% of the year, at market rates. Based on these calculations the units would generate approximately 11% cash on cash return on investment when purchased with cash. Utilizing the same financial model, but buying the units with a 30% cash down payment, and financing the 70% balance, the property would generate over a 20% cash on cash return on investment. We can provide detailed estimates on any unit upon request. All projections are estimates which are market driven and are not a warranty either implied or guaranteed. Investors are responsible to do their own due diligence.

Ask us about our “LeaseBack” program on selected units.

The Surf lease back program includes:

  1. Five (5%) percent interest paid on cash deposit, during construction. Interest is payable upon closing.
  2. Seller pays home owner association fees for 1 year.
  3. 50% discount on furniture package
  4. $1,500 paid towards closing cost by seller
  5. 8% return on investment paid by seller for the “Lease Back” on selected units for the term of the lease back.
  6. Axios Legal Service holds all “LeaseBack” funds and disburses funds monthly to the buyer.


FULL SERVICE MANAGEMENT

We offer non-exclusive rental management service for your property, subject to the terms of the rental agreement. The 25% (of the gross income) rental fee is optional for each owner. The condo owner condo is responsible for common expenses for apartment maintenance, security every day of the year, maintenance of exteriors (green areas)at the rate of $1.75 per meter square of the total unit area. The unit owner also pays all insurances etc


Location
Playa Malibú, Nueva Gorgona, Panamá
THE SURF at Playa Malibu
100 Av. C con calle octavo Nueva Gorgona Provincia de Panamá Oeste None
Phone: + 507 62639533 THE SURF at Playa Malibu Map
Digital Brochure
Multiple pages
Contains
  • Detailed description
  • Agent contact info
  • High definition images

Digital Flyer
1-2 Pages
Contains
  • Detailed description
  • Agent contact info
  • High definition images

THE SURF At Playa Malibu Listed by: Gary Hill

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THE SURF at Playa Malibu
Nueva Gorgona, Provincia de Panamá Oeste, Panama