Bijao Resort Community & Golf - PanamaExpertRealEstate.com

Megapolis | Panama Project BIJAO is a premier master planned development located on 250 acres on the Pacific Coast near Santa Clara, just over one hour from Panama City that features a magnificent beach, unlike any other found along the Pacific Coast. This development will feature beautifully landscaped homes and condos along with many great amenties making BIJAO a great investment.

General BIJAO Information:

Super Clubs, 300 room, Breezes Hotel (scheduled to open in Feb.09) offering residents an opportunity to include their
property in the hotel rental pool, and to enjoy the amenities of the hotel at a reduced cost.

Project completion projected date 2012

Seven percent of the development is sold as of Jan 07

300 million dollar project that is fully funded by an international investment group

Infrastructure scheduled to be completed by June 2008 (this will include underground electrical, sewage treatment plant, and roads). Water will be supplied from two wells and the Rio Hato water plant.

BIJAO Residences:

Architecture will be reminiscent of the homes built in the early Canal Era; the architect for BIJAO is the respected GustavoArango

Beach Front Custom Built Homes (minimum area is 480m2 -400 m2 is interior area and there is a 9 meter height restriction)

Homes and lots overlooking the beach with the choice of 5 unique floor plans (the first is to be completed in June 2008)

Condominiums priced from $185,000 (the first building is to be completed in Oct. 2008)

Total number of planned housing units: 700

Pictures

BIJAO Amenities (55% of the development has been designated for amenities):

World class beach club will include infinity and tanning pools, event room, BBQ, sauna, Wet Bar, volleyball, ping pong, billiards Wellness spa with massage, Turkish bath, and sauna

World class workout facility

Bar-restaurant

Swimming pool with Jacuzzi

Locker rooms with showers and bathroom facilities

Sundeck with lounge chairs and towel service

Billiard room

Social area for group events

Tennis Courts

Private swimming pools with deck chairs and bohios for the exclusive use of the residents and their guests

Nine hole golf course-par 36, designed by renowned golf course architect, Ron Garl (rongarl.com) is scheduled for
completion in mid 2008. There will be a Club house with pro shop, and a driving range

Restaurants

Town Center will feature deli, coffee shop, and various other services

BIJAO Ocean Front Lots Information:

10 lots available; 5 on the east side & 5 on the west side of the property

1640 feet of beach front property

Custom Built Homes

Must be larger than 480 m2 – total area with a height restriction of 9 meters

Homes will be approx. 1 meter above the beach with a partial brick retaining wall below them

Clients will retain Provivienda’s architect, Gustavo Arango at the cost of the client

Construction will be completed by Provivienda

Swimming pool packages available for purchase and installation

BIJAO Homes and Lots Information:

All lots are sold with the clients choice of 6 floor plans all which include covered garages

All lots feature spectacular views:

Ocean View all B Lots

Golf and Lake View C & D Lots

Mountain View C & D Lots

All homes will be constructed for use with ‘splits’ air conditioning units, except for the Chagres model which can accommodate central air conditioning.

Air conditioning packages will be available for purchase and installation.

All homes will have stainless steel kitchen appliances-Ariston stove and hood fan; refrigerator, dishwasher, microwave, and
washer and dryer brands TBD.

Finishes: imported porcelain tiles throughout, granite kitchen countertops, marble countertops in the bathrooms, cabinets
will have high quality German hinges and extended rails. Bathroom walls will be tiled. Bathroom fixtures will be American Standard and high quality faucets will be installed.

Professional landscaping will be included in the price of the homes

Propane gas BBQ lines will be installed

Swimming pool packages available for purchase and installation

BIJAO Ocean Front Lots & Homes Maintenance Fees:

Maintenance Fees

$1.30/m2

Maintenance fees include:

Landscaping for each home and of the common area

24 hour securityTrash removal

Exterior maintenance of the homes.

Electricity is the owners’ responsibility

Water & Gas will be metered

Call 1-888-533-4002

Panama Real Estate Experts, S.A - Direct(305)582-3017 - Fax: (305) 854-8281