• The Coco Beach Resort guarantees that when 70% of the beach villas are sold within 20 months’ time after the launch of the presale concept online.
• The direct owner, can stay in the villa for 14 days free of charge and with immediate family. (food/restaurant service not included).
• Villas are not intended nor allowed for permanent living.
• When making the downpayment for a beach villa, you are obligated to buy and fulfil all corresponding payments.
• Villas are part of the HOA Coco Beach Resort (still to be founded).
• Renders are a guideline and give a style impression.
• Use of upscale amenities for visitors.

• Start construction when 70% of the villas are sold
• Refund guaranteed when construction hasn’t commenced in 20 months
• Rental management by The Coco Beach Resort
• Luxury beachfront villas in Panama
• 18 units (Phase I)
• Villas A are 49m2 with 250m2 lot
• Villas B are 107m2 with 250m2 lot
• Private use for 2 weeks per year

Facilities

• Gym
• Swimming pools
• Restaurant / bar
• Pickle ball court
• Outside working spaces
• Kids play area

Payment Terms 

• 30% on reservation (estimated Q1 2025)
• 35% 10 days before start construction villa (estimated Q1 2026)
• 25% at start finishes villa
• 10% when the villa is finished, with deed (estimated Q4 2026)

Before start construction

• Client buys a certain villa number on a registered plot under the condition that construction starts when 70% of the villas are sold.
• Coco Beach Resort guarantees that when 70% of the beach villas are sold within 20 months’ time after the launch of the presale concept online, the construction will start.
• Coco Beach Resort guarantees that when 70% of the beach villas are not sold within 20 months’ time, the client will receive a full reimbursement.
• The villas are part of The Coco Beach Resort and include a rental formula which is managed by The Coco Beach Resort rental department / administration.
• The direct owner, can stay in the villa for 14 days free of charge and with immediate family. (food/restaurant service not included).
• Villas are not intended nor allowed for permanent living.
• Purchase of a villa comes with a guaranteed ROI of 7% per year for the first 2 years from the start of renting out the villa.
• PLUS Profit sharing for beach villa owners depending on rental results. TBA.
• When you make the downpayment for a beach villa, you are obligated to buy and fulfil all corresponding payments.
• Villas are part of the HOA Coco Beach Resort (still to be founded). This we need to explain to people that when they buy, the HOA will not be founded yet.
• Renders are a guideline and give a style impression.

After construction

• The chosen villa and plot are registered to name. Legal costs for the transfer are for the client.
• Rental management by The Coco Beach Resort.
• Use of upscale amenities for visitors.
• HOA fee applicable.

Reselling

• The Coco Beach Resort has the first right of purchase. The client receives a market-conform price from the Developer.
• The purchase date is registered as date of registration of the property to name in the Public Register of Panamá.
• When the client finds another buyer, it needs to be approved by the Developer.
• The Coco Beach Resort charges 2% on administration plus lawyer fees on the transaction of sales process.
• A chain clause is included in the contract. A new beach villa owner, will commit to the same conditions.

Design and furniture pack

• Owner is not allowed to change, remodel etc. the beach villa.
• The Coco Beach Resort furnishes, decorates and maintains all the beach villas in the same style.
• A furniture pack is included in the sales price.
• Gardens are fully decorated. The owner is not allowed to make any changes.

Rental conditions

• Client needs to comply with The Coco Beach Resort rental conditions.
• Client cannot rent the villa out himself, nor via Airbnb or any other platform.
• Private use for 2 weeks per year without an extra cost, high season excluded.
• Special price when client enlengthen stay for a 25% rental rate of that period. No commission on that period.
• Discounts and special rates are only applicable when there is no discount already in place.

General conditions

• ROI is paid quarterly. Profit sharing is paid annually.
• HOA fee will be deducted from profit.
• HOA fee includes maintenance of the private garden
• All other costs like; maintenance green areas, social / communal areas, beach area, electricity, water and internet usage visitors, major maintenance, insurances etc. are for cost Developer.
• Furniture pack included and for cost Developer. Renewal of furniture when necessary for expense of The Coco Beach Resort for the first three years.