Plans are underway to build, in a 3,200 square meter lot in Bella Vista, Panama City, a 62 story building for residential and commercial use.

The company DAO Panama Development, S.A. submitted an Environmental Impact Study (EIA) to build a mixed building of offices, shops and apartments. The project is called “DAO Panama”, and will be developed in the town of Bella Vista.

According to the document, the building will be 62 storeys high, of which 12 will be used for parking, 2 for building services, 2 for commercial premises, 4 for offices, 2 for social areas for the apartments and 40 storeys where 320 apartments will be built.

The study adds that the total construction area is 92,782.6 m 2 and the estimated investment for the work is $75 million.

My friend Kent Davis at Panama Equity is looking forward to this project which brings a new level of luxury to the Panama market.  He says in his intro:

We’ve been waiting for the DAO Panama development for years. If you’ve seen all of the luxury properties Panama has to offer and simply haven’t found “the one,” read on why we think you should take a serious look at DAO, China Construction America’s marquis high-rise development in Latin America.

With multiple floors of world class amenities, an interior imagined by cutting edge designers, and precision execution from the largest construction company in the world, we cannot tell you how excited we are to be one of the first agencies called to offer this uber-exclusive project.

Here is a 360 view from the future high floors.

For further details contact Kent Davis Kent Davis kent@panamaequity.com  and mention you saw this in The Panama Perspective for the best deal possible during the pre-sale phase.