Panama Property for Sale
EMERALD MONKEY RESORT

EMERALD MONKEY - THE DEVELOPMENT

Emerald Monkey is a self-contained resort of 206 detached villas each with a private plunge pool sharing the same environment and nearly the same latitude as Bali in a hurricane-free environment. Located in the archipelago of Bocas del Toro on Panama's Caribbean coast near Costa Rica, it is a private hideaway blending 1500 year old island traditions with 21st Century sustainable luxury. Owners and guests will enjoy relaxing on two whitesand beaches and diving the reefs of the surrounding tranquil, turquoise lagoons in the protected bay. Rolling green hills, lush tropical foliage and prehistoric volcanic boulders create an exquisitely maintained, exotic landscape. Socially and environmentally responsible, Emerald Monkey is a luxury resort committed to offering owners an investment opportunity with a five-star experience, full concierge service in an elegant and breathtaking environment.

Villas are designed with 1 bedroom/ 1 bath, 2 bedroom/ 2 bath and 3 bedroom/ 3 bath floor plans. They are fully secluded, encompassing the living quarters blended with private gardens, fountains, terraces and private plunge pools in almost all cases overlooking the clear turquoise Caribbean water. All master baths feature exquisite teak woods, hand carved stone floors, individual stone carved washbasins along with modern indoor rain showers. This unique bath suite flows into an outdoor private eight foot walled bath garden where the six foot single piece hand carved granite bath tub sits under a flowering vine covered veranda. Across the garden is a outdoor stone walled shower with water flowing from a beautiful Balinese water urn. Relax inside and outside with rooms open to take advantage of the cool Caribbean breezes and enjoy all amenities. All villas come fully equipped and completely furnished.

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Preferred Hotels & Resorts will manage the resort and rental program. Resorts and hotels managed by Preferred Hotels & Resorts include: The Lanesborough (London); The K Club (Dublin/Kildare), Sandy Lane (Barbados) and Beau Rivage (Geneva), Atlantis Resort (Bahamas). The Rental Agreement has a term of twenty years and is subject to automatic renewal for a further successive two terms of ten years. Owners participating in the rental program may trade rental revenue for free time in their villa. If owners' villas are not available, the management company will place owners or their guests in a comparable villa. All participating villa owners will receive 60% of the Net Rental Income (NRI) generated from renting their villa. Non-US villa owners will receive a guaranteed 10% return on their investment for the first two years.

There is a wealth of cultural and diverse interests to keep both the occasional visitor and permanent resident happily occupied in the region and, of course, on Emerald Monkey resort. Activities include:

• Surfing at Wizard Beach
• National Park tours of Turtle Beach and the Smithsonian Tropical Research Institute
• Various boating, fishing and photography trips
• Bocas Town restaurants and boutiques
• Swimming and snorkeling
• Over two miles of walking trails
• Full-service Bamboo Spa
• Two private beaches – Emerald and Serenity Beach
• Beach volleyball
• Children's Activities Centre
• Deep sea fishing
• Kayaking
• Hiking
• Windsurfing
• Leisurely boating
• Boat excursions and dolphin watching
• Sunbathing
• Local shops and boutiques
• Fitness & Aerobic Centre
• Yoga & Pilates Centre
• Scuba diving certification

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20 REASONS TO INVEST IN PANAMA PROPERTY AND EMERALD MONKEY RESORT

• Panama has the second largest banking community in the world after Switzerland with 170 banks
• Colon Free Trade Zone – largest free trade zone in the Western Hemisphere and only second to Japan
• In 2008 the GDP of Panama grew by 11% with trade, tourism and construction all flourishing
• European tourism increased by 23.1% during 2008 and is expected to continue to rise
• $5 billion Panama Canal expansion (construction of 3rd set of locks) will double the Panama Canal's capacity and is expected to have a $20 billion annual impact on the economy. Corporations are already setting up regional headquarters in Panama to take advantage of this strategic location
• Panama has constantly been in the top 5 places to retire by International Living Magazine for the past 8 years
• Protection to foreign investors from any change in tax, customs, municipal and labour rules for 10 years
• Panamanian laws are favorable to foreign investors and there is no tax on foreign earned income
• US Dollar is the legal tender in Panama
• Panama requires no special authorizations, permits or prior registrations for foreign investors
• Residency available for buyers of homes valued at $250,000 or greater
• On Emerald Monkey, owners will enjoy no property tax for 20 years
• The Preferred Hotels & Resorts group will manage Emerald Monkey resort and residences
• Non-US buyers will enjoy a 10% per annum guaranteed rental income on their investment for the first 2 years
• All participating buyers will receive 60% of the net rental income generated from their investment
• Title insurance from a NYSE listed insurance firm covers both full and fractional units
• Pre-approved developer financing is available for 50% LTV at 8% interest, interest only payments for 10 years
• Near perfect weather year round (hurricane-free) and only minutes from the mainland
• The developer is a debt-free company owned by General Land Holdings, and is valued at over $200 million
• Villas and fractional units can be purchased through a SIPP/SIPP equivalent

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