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Nikki Panama City Hotel

Fact Sheet
   
Nikki Panama City Hotel

Location:

Balboa Avenue

City:

Panama City

Floors:

52 stories

Size:

59 m² / 636 ft²

Price:

$ 281,772

Completion Date:

2010
 
Nikki Panama City Hotel
 
Nikki Panama City Hotel
 
Nikki Panama City Hotel
 
Nikki Panama City Hotel
 
Nikki Panama City Hotel
 

Nikki Beach

St-Tropez, Marbella, South Beach, Cabo San Lucas, and now Panama! Nikki Beach has redefined the life of the rich and the famous. With actors, singers, sports stars, and the most elite members of the global community as its daily clientele, Nikki Beach has achieved the level of uniqueness that only a few can claim.

The Hotel Units

* Fully furnished units with Signature Nikki Beach Interior Design
* Total of 220 units of 60m² (645 ft²) each
* Walk-in closet
* Spacious Bathrooms with Luxurious Fixtures
* Flat Screen TV and Wireless Internet
* Central Air Conditioning
* Nikki Beach Hotel Services
* Rental Program through 6 star hotel

6 Star Service

* 24 hours concierge and room service
* Infinity Pool
* Pool bar and terrace lounge
* Premium Business Center
* Red Pearl Restaurant & Night Club
* In-room Massage
* 24 Hour DryCleaning
* Restaurant and lobby lounge
* Nikki Beach Spa
* Fully equipped gym
* Heliport
* In-Room Chef Service
* Free Wireless Internet

Rental Program

* The owner will be able to use his unit 1 month per year (4 weeks)
* The rental revenue split is: 40% owner and 60% hotel operator.
* The Hotel Operator will cover the operations expenses with his share.
* The Hotel will guarantee the owner a rental revenue equal to 5% of the purchase price during the first 2 years of operation

Payment Structure

* $10k to reserve
* 10% minus $10k (reservation) at contract signing
* 10% at ground breaking (June 2008)
* 10% in December 2008
* 70% at Project completion
 

Nikki Panama City Hotel
 
Nikki Panama City Hotel
 
Nikki Panama City Hotel
 
Nikki Panama City Hotel
 
Nikki Panama City Hotel
 
 

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