Sep 11, 2019

Luxury apartments in “YOO Panama” skyscraper, Panama City: the best investment option providing for legal residency in Panama

The YOO Panama skyscraper in the capital of Panama is a true work of art. It combines industrial design, a perfect taste, and ultimate comfort. The apartments for sale have been designed in cooperation with a world-renown architect and industrial artist Philippe Starck.

YOO Panama: a gem in the residential estate on the Pacific shore  

This construction project makes Panama stand out again among other Latin American countries. We would like to introduce the YOO Panama building to you. You can purchase several extra-lux apartments there if you hurry up.

YOO Panama does not only evoke deep emotions by its exterior and interior design but it is also very functional and very pragmatic.

The Yoo & Arts brand was launched in 1999 by John Hitchcox, a co-founder of “Manhattan Loft Corporation”, and the famous industrial designer and architect Philippe Starck. 

Yoo & Arts buildings can be found in such cities as London, Hamburg, New York, Miami, Hong Kong, Tel Aviv, Buenos Aires, and now Panama City.

Avenida Balboa in Panama City

The fantastic YOO Panama building is located at the very heart of Panama City, in the middle of Balboa Avenue. There you will find numerous amenities and maximal comfort of living.  

Avenida Balboa is within a few-minute walk from such large trade centers as Multiplaza Mall and MultiCentro as well as many other stores, bars, and restaurants. There are also two movie theaters in the area – Cinta Costera and Extreme Planet – and Paitilla medical center after John Hopkins.  

A fly-over junction has been recently constructed in the district that gives direct access to the North and South highways. With this infrastructure improvement, you can reach both the central district of Costa del Este and Tocumen international airport within a very short time.

Balboa Avenue is the main transport artery in the area that runs along the Panama Bay coast. It ends at Cinta Costera Landscape Park. The park is very popular with the residents of Panama City who come there for a stroll, a bike ride, or a roller-skating session.  

YOO Panama residential estate

YOO Panama consists of two towers. It is a skyscraper 246.8 meters (nearly 810 feet) high. The architect is Bettis Tarazi who has designed the building in cooperation with Philippe Starck.

The building has 56 stories and hosts 234 apartments. The apartments come in three variations: loft-style apartments, triplex apartments, and penthouses. The windows open onto Panama City and the Pacific Ocean.

Residents of YOO Panama can make use of the car park, round-the-clock security and concierge services, laundry and dry-cleaning facilities, and a post office.

At the very moment when you enter the building, you begin to appreciate the Arts & Yoo architectural style.  A fancy two-level lobby is divided into several zones and you can find the one that appeals to you most of all. There are fifteen high-speed elevators to take you to the upper floors. (Their speed is 5 meters per second.)

Right from the lobby, you can come to two amazing swimming pools 300 square meters (3,229 sq. ft.) each. There are deck chairs and cabanas around the pools. Also from the lobby, you can access four conference halls and two ballrooms.  

All the areas of this residential estate contain Arts & Yoo style statures by Ph. Starck. The three-level terrace garden with natural lush vegetation on the roof is especially impressive.

Another large facility available at YOO Panama is the gymnasium. It has all sorts of exercise machines, squash courts, and yoga practice areas.  

On the premises of the building, you will also find a SPA salon sitting right on the ocean shore. It has various procedure rooms, wooden decks, a sauna, and a steam-house. There are also a comfortable lounge zone nearby, a library, and billiards.

Loft-style apartments

The loft-style apartments in YOO Panama have floor-to-ceiling windows and they are from 128 to 164 square meters (1,378 to 1,765 sq. ft.) in size. Some of these apartments will have livable attics. Besides, there are:

  • One or two bedrooms with bathrooms and/ or shower rooms with stone tabletops and German Hansgrohe bathroom equipment.
  • A spacious living room with a marble floor.
  • A kitchen with furniture and Italian Poliform kitchen appliances.

Penthouses

There are also several penthouses for sale in the YOO Panama residential estate. Their sizes are from 270 to 380 square meters (2,906 to 4,090 sq. ft.) and there are large adjacent terraces too. All the penthouses have comfortable floor plans and the furniture matches the overall building style.

When you come to see this residential estate, you will never want to leave. If you value natural light, spacious rooms, good style, and high quality, YOO Panama is exactly what you need. Please join us on a familiarization tour to Panama that will allow you to see the property with your own eyes.

Purchase of real estate in Panama will serve as a legal foundation to apply for permanent residence in the country. Thus, the popularity of residential accommodations in Panama is growing as more and more foreign nationals buy houses and apartments in this warm tropical country. Apartments in YOO Panama in particular also sell rather well, so you had better make up your mind sooner rather than later. There are many apartments for sale in this building but their number is limited anyway.

If you are interested in acquiring a Panama permanent residence permit, purchasing an apartment in YOO Panama can be the first step in this direction.  

We will be happy to answer all your questions about relocating to Panama if you send us a message to [email protected]. We also suggest that you acquire a better understanding of the issues involved in moving to Panama by using our free consultation service. We will gladly assist you in improving your lifestyle.