Property ID : RRP2226-1200
For Rent, For Sale $1,350,000 For Sale / For Rent $6,500 - Royal Pacific
ABOUT THE PROPERTY
Beautiful House located within the Royal Pacific Residential Complex in Costa del Este.
Featuring an amazing garden with a pool and jacuzzi.
This luxury property has spacious and bright areas with a excellent structure. The large living room shares space with an elegant dining area and a family kitchen, equipped in a modern manner. the house has 4 bedrooms, 6 bathrooms and 4 parking spaces.
Closed area = 450 m2
land area= 900 m2
ABOUT THE NEIGHTBORHOOD
Costa del Este is a neighborhood in Panama City, Panama, located in the township of Juan Díaz near the border of Parque Lefevre. It features underground wiring, some residential areas of restricted access, a separate plant for processing wastewater, etc.
The Costa del Este project was presented to the public in 1995, and since then it has become one of the largest real estate developments in Panama City. The 310-hectare area has become an important and unique place in the city, where several skyscrapers are being constructed.
One of its sections, where the Industrial Park is now located, was known as the “Vertedero de Panamá Viejo” because it is a piece of land created by an artificial deposit of material that was extracted to build the Panama Canal for years. This large tract of land was neglected, but recently it has become the Industrial Area (used for distribution centers and merchandise). The remaining sections were mangroves and jungle, where the most modern buildings in this city were constructed. To enable the land of mangroves, millions of tons of earth and rock were poured, mostly from a hill near the Villa Guadalupe area, which was removed completely.
In terms of the value of residential projects, the Costa del Este is the second-most valued area in Panama City, behind the Avenida Balboa.
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