When you’re ready to leave the high rises and return to nature, we’ve got the home for you My name is Susannah Elmore. When my father-in-law, Gary Elmore, retired from Dell and came to visit Panama a couple of years ago he fell in love with it—no two ways about it. He not only wanted to settle here; he wanted to be a part of the boom going on in Panama as well. But he wasn’t interested in competing with the high-rise condos closer in to Panama City—not because there aren’t some fine projects down there, but because his heart wasn’t in it. Frankly, he was looking for nature, peace and tranquility. So Gary moved further along the coast, and found his dream property at Rincon Beach Estates. When you’re here, you’re off the well-worn trail Rincon Beach Estates is located near the city of David. Situated on the Pan American Highway just south of Costa Rica, it’s the site of the regional airport and the hub for our part of the country. David has most everything you’ll need while you’re here, including nice restaurants, movie theaters, car dealers, and shopping of every variety. Its 100,000 residents also enjoy casinos and even Costco, Payless and McDonalds. But David is where we leave civilization behind. In fact, once you get out of town you’ll head to the village of Horconcitos before you start on 7 miles of unpaved road, the countryside becoming more and more pristine until you arrive at our property. Sound remote? It is. In fact, we selected this property because it’s somewhat remote. You won’t hear cars or trucks, city noise, or most other sounds of civilization unless you’re making them yourself. No exhaust, no high-rises, and no buses. Located on the pristine waters of the Gulf of Chiriquí, we’ve got a native mangrove forest, hundreds of acres of green area, and groves of African Mahogany and Teak trees. We have also planted 24,000 pine trees over 60 acres on the property. Rincon Beach Estates, coupled with the adjacent Istana Plantations, is big—more than 1500 acres—so we’ve got plenty of room when it comes to preserving the environment and the wildlife. Playa Rincón is bordered in many places with giant trees, mangroves and forests that grow almost to the water’s edge. Just off shore —a one-hour boat ride away—we’ve got Coiba Island and Hannibal Bank, which are focal points for what many here claim to be the best sport fishing in the Pacific.
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But you’ll still have all the luxury conveniences you’d expect But don’t get the wrong idea: we may be a little remote, but we’re not rustic. Our sparkling pool and clubhouse will be a gathering place where you can relax in comfort. From there you can also enjoy our Rancho and Bistro, as well as our market. If you like staying active, we have parks and trails that are ideal for hiking, biking or horse back riding. And we just finished up our brand-new, 16-stall stable, tack room and equipment facility—and several of our landowners’ horses have already taken up residence. Our pier, boat launch and dry-dock facilities will accommodate boats up to 30 feet in length, and are a big hit with those property owners who want to enjoy the world-class sport fishing just off shore. The new helipad is now under construction, and will be a major convenience for those who want to shorten the trip from Panama City or David. Whether it’s an estate lot or a turnkey villa, we’ve got something for you At Istana we’re offering a variety of properties. Our beachfront lots start at just $45 per meter, which is well below the market price in Panama. In fact, you’ll find improved lots going for well over 6 times that price when you get closer to Panama City. You’ll also find that our beachfront lots are much larger than most—starting at around 3/4 acre—so you can own a huge lot on the beach and still be under US$140,000. Our Villa lots will be going on sale shortly, providing a more turnkey option. These will be somewhat inland from the beach in a village type setting, and will start at $49,900. Our custom home lots, which are across the street from the beachfront lots, are starting at $79,900. Construction costs at Istana go between $45 and $65 per square foot, depending on the types of materials you select.
And we'll make it easy with financing But despite our reasonable prices, we’d still like to make home ownership here as easy for you as we can, so we’re offering financing …and it’s financing at reasonable interest rates. We have packages available with as little as 10% down. You’ll be in the world's premier retirement location Of course one overriding advantage that you’ll have when buying at Istana is that you’ll be in Panama…widely known to be the best retirement haven in the world, with tax incentives and a financial infrastructure second to none. If you’d like to learn more about why Panama is a great place to retire or own a second home, please email us at the email address listed below. Now it’s time to leave the noise behind 
When you’re ready to gallop along the beach at sunset, hike the hills, explore the mangroves or just watch the hawks spinning lazily in the clear blue sky, you’ll be ready to take a look at Istana…and my husband Broc and I would like nothing better than to have the chance to show you around. This is our dream-come-true, and we’d love to see if Rincón Beach Estates is the best place for you too. If you have any questions about our property, please send them along. Our family would love to have you as our neighbor. Sincerely, Susannah Elmore for Istana Properties’ Rincón Beach Estates For information about Istana Properties, please e-mail Panama@InternationalLiving.com Note: In the interest of full disclosure, International living receives a commission from Istana Properties. |