Island life is calling! The Agency Panama and The Agency Development Group are proud to announce the exclusive sales launch of Pearl Island, a 3,500-acre private island luxury resort development located in the Las Perlas Archipelago, just 20 minutes by plane from Panama City. The island encompasses seven secluded beaches, a world-class marina, and a private airstrip.
Another notable perk? Brokers outside The Agency are being offered a 5% commission. With Phase 1 already 85% sold, The Agency Panama, led by Mauricio Umansky, Victoria Levitam, and Juan Diaz Rivera, is now unveiling the final phase of La Peninsula’s villas, residences, and homesites. Poised to become one of the most coveted luxury destinations in the Americas, Pearl Island features the future Ritz-Carlton Reserve Hotel & Residences.
“Panama is in high demand among astute real estate buyers, and Pearl Island stands out as a one-of-a-kind offering,” noted Mauricio in a recent press release. “With already built villas and residences, amazing amenities and its agreements with Ritz-Carlton, Pearl Island is one of the most attractive vacation home offerings across the Americas.” Notably, Panama boasts one of the fastest-growing economies in Latin America, with a GDP growth rate of 10.8% in 2022. Investors can benefit from no capital gains tax on property sales and up to 20 years of property tax exemptions for new construction: an exciting opportunity to own an income-producing property that functions both as an investment and a luxury retreat.
“The growth that Panama is experiencing and its emergence as a promising real estate market led us to open The Agency’s flagship location in Panama,” added Victoria, who serves as that office’s Managing Partner. “Buyers are drawn to the exclusivity of owning on a private island, the security of investing in Panama real estate, and the accessibility of flying directly to the private island.”
Ready to make your island dreams a reality? For more information or to schedule a visit, contact Victoria Levitam at vlevitam@theagencyre.com or visit pearlisland.com.
