ThinkPanama is Happy to Welcome two new team members to the Think Panama SALES team. Noelia Rowland Vargas and Ing. Alvaro Taylor Estrada, both are natives from Costa Rica, both have extensive experience

In Real Estate Sales in Costa Rica, working with leading Developers in Costa Rica selling Real Estate to the U.S., Canadian, and European markets. Noelia and Alvaro are fully bilingual speak perfect Spanish & English and they will be leading the “Accelerated Sales Program” at Think Panama,Inc. & Global Marketing Corp.

Welcome On Board! “Pura Vida!”

Panama real estate is red hot! We have read this from sources like ABC Nightline, The New York Times, The Washington Post, International Living, and the Wall Street Journal, to name just a few briefly.

It is true that in Dubai you will find most of the Worlds construction cranes then Panama must be the second skyline filled with cranes. There’s construction everywhere. However, if you try to book hotel rooms in Panama City chances are you won’t find one. Recently the minister of tourism Ruben Blades published statements stating that there is an immediate need for more hotel rooms. Currently, there are only 17,000 hotel rooms in Panama, not quite enough for the double digits growths in tourism that Panama has been experiencing and is continuing to project. He stated that there is a deficit in hotel rooms of more than 20,000 rooms. We have a list of New Hotels that are in development in Panama, the demand is still higher than the supply. And we all know what that represents.

Condo Hotels have become the NEW BOOM in Investment Opportunities. For those of us that like cash generating Investments, and returns the Guarantee at least 10% + and higher; investing in a condo hotel in Panama is Now an excellent option.

Condo-hotel’s are just like traditional hotels, however, each hotel room unit may belong to an individual owner, whereas in traditional hotels, there usually just one owner of the entire building.

Condo-hotel owners generally sign a contract with a management company to “operate and manage” the hotel facilities and each of the individual hotel rooms. This is done on a profit share basis, with anywhere from 50% to 75% of the rental income going to the individual unit owners.

Additionally, some Condo-hotel management companies also pool the remaining annual net operating profits with an additional percentage being distributed at the end of the operating year to the owners. This percentage varies but can be as much as 10%. Additionally, condo-hotel owners get to use their hotel room units for limited number of days per year. Generally between 1 and 2 weeks. So if you plan to vacation in the destination where you own a Condo-hotel unit, this would be an added benefit.

Demand for hotel rooms in Panama is much higher than the availability of hotel rooms. The occupancy rates are at a steady 90% and above. The infusion of foreign capital, the construction boom, and mega investment projects like $5 + billion dollar expansion of the Panama Canal which is underway. The construction of the Panama International Merchandise Mart, the largest commercial structure in Latin America with 2 million square meters of construction (21,572,7820 square feet). Total investment is US$1 billion USD over a 3-year period, the development of the Panama-Pacific Special Economic Area [formerly Howard a U.S. Air Force base], a multi billion dollar real estate development underway by London Regional, and many more. Caterpillar, has recently announced it was moving its regional headquarters to Panama, made a statement saying they alone would have a demand of approximately 12,000 room-nights per year!

ThinkPanama.com has reviewed the Condo-hotel offerings in Panama, and has selected two Condo-hotels to Promote: The Plaza Costa del Este, and The Orchid. Both offer investors PRE-SALE prices to purchase units, and both offer GUARANTEED Returns of 10% - 15%+

The Plaza, Costa del Este: This outstanding project combines 150 unique and contemporary executive hotel rooms and 44 private residences is located in the Costa del Este part of Panama City – an up and coming area with Residential and Commercial areas including a major Office park complex. Hotel units start at $193,000. In 5 years you would have recovered 50% of your total investment, plus owners get 70% of the rental income, and are allowed to use their units for one week. Celebs the likes of International Superstar and Grammy-award winning artist, Enrique Iglesias, and Latin Salsa sensation Gilberto Santa Rosa are confirmed owners of units in The Plaza. Enrique Iglesias bought the Penthouse and Gilberto Santa Rosa bought a residential unit in the development.

The Orchid, a 200 room, Five-Star Condo-Hotel, will be located in the Financial district in Panama City, and will cater primarily to Business Travelers, boasting one of the best equipped Business Centers in the City. The property will feature a full service Spa, Pool, Restaurants, Room Service, Gymnasium, Concierge service, housekeeping, etc., Based on projections released by the company, owners can conservatively expect an average of 17% ROI, this is based on a very conservative 66% occupancy rate. The owners share of the rental income is set at 63%, Pre Sale Prices start at $207,000.

Both of these Condo Hotels Investments Opportunities will be featured by Think Panama in their April 17, 2007 , FREE investing in Panama seminar. At the Miramar Inter-Continental Hotel overlooking the modern bay & skyline of Panama City.

CONTACT INFORMATION

Douglas Choy (Spokesperson)
ThinkPanama.com
Director & President, Licensed Real Estate Broker no. 1930
Century Tower Building,
Ave. Ricardo J. Alfaro,
18th floor,
suite 1810
Panama, Republic of Panama
U.S. Direct (407) 641-5747 (office)
+ 507- 260-4000 (office)
Email: dchoy@thinkpanama.com
Web site: http://www.thinkpanama.com
Blog: http://www.thinkpanama.com/blogs/pressroom.php

The Miramar InterContinental Hotel located on the main Ave Balboa ocean strip of Panama City was host to a group of International Investors from the United States, Canada, Spain, Puerto Rico, and Colombia, present at the ThinkPanama.com Invest in Panama seminar.

Panama City, Panama, 2008-03-31 - The Miramar InterContinental Hotel located on the main Ave Balboa ocean strip of Panama City was host to a group of International Investors from the United States, Canada, Spain, Puerto Rico, and Colombia, present at the ThinkPanama.com Invest in Panama seminar where they were taught by local market experts a variety of important Investment topics and economic information that explain “Why Investing in Panama makes a lot of financial sense“.

Experts spoke and showed attendees the “how-to” on acquiring mortgage financing, opening offshore Investments accounts, opening a bank account, acquiring immigration visa and other visa options and pensionado status.

Relocation experts spoke about shipping household goods and cars duty free from the U.S. and Canada. Expats spoke to the crowd about their positive experience of Investing in Panama with ThinkPanama.com, ProCasa Developer Elias Mizrachi offered unique Pre-Sale pricing opportunity on a new Hotel Condominium “The Orchid”, and Previewed for ThinkPanama.com investors a New Beach condo project: Destiny Beach Resort in Coronado with only $5,000 to reserve.

Developer Rev Karpman of Playa International made a special PREVIEW offering for ThinkPanama.com clients of 10,000 square feet beach view lots in the Azueros Peninsula of Panama for only $50,000 per lot, his company offers PRE-APPROVAL financing to All buyers with a very small reservation of $15,000, one year NO PAYMENTS and two years of ZERO INTEREST. $50k beachlots, zeropayments 2 years

ThinkPanama.Com is Panama’s No. 1 Real Estate and Investment web portal and they are holding these conferences for Investors once every month. In these seminar-workshop attendees will be able to actually GET THINGS DONE, like:

• Opening a bank account
• Opening an Offshore Investment account,
• Opening a Panamanian corporation,
• get PRE APPROVED on property, meeting with developers and reserving units on NEW special Preview

The next conference date is April 17, 2008, the seminar is FREE, to sign up go to www.ThinkPanama.com or call U.S. & Canada Direct (407) 641-5747, in Panama City + 507-260-4000.

CONTACT INFORMATION

Douglas Choy (Spokesperson)
ThinkPanama.com
Director & President, Licensed Real Estate Broker no. 1930
Century Tower Building,
Ave. Ricardo J. Alfaro,
18th floor,
suite 1810
Panama, Republic of Panama
U.S. Direct (407) 641-5747 (office)
+ 507- 260-4000 (office)
Email: dchoy@thinkpanama.com
Web site: http://www.thinkpanama.com
Blog: http://www.thinkpanama.com/blogs/pressroom.php

Panama City, Panama, 2008-03-18 - CNN reports that the U.S. Economic crisis is worsening. Americans today pay more of their hard earned money in taxes, property taxes, insurance, and the ever increasing cost of living. Many Investors are protecting their assets by turning to Investing in the booming OFFSHORE markets that also offer Asset protection.

Investing in a booming real estate markets like Panama offers: High returns, Income potential, and Asset protection. Learn how? This can be the best investment in your financial future that you can make now. This seminar that normally cost upwards of $1,500 per person (With International Living, Sovereign Society, Tropical Pathways, and others) is being offered to the first 20 people that sign up, FREE, at no cost to attend.

Learn direct from the experts Why Panama is rated the Hottest Real Estate market to invest in Latin America today.

ThinkPanama has brought together a team of experts that are diverse as the subjects that will be discussed. Local Experts will expose and answer all of your questions:

• Learn from local bank experts about opening a bank account & requirements for Mortgage Financing for U.S. citizens.
• Investment Experts will discuss ASSET PROTECTION & opening an Offshore Investment account.
• Learn from Legal Experts about acquiring an Investors Visa.
• Real Estate Experts will show you ground floor Investment Opportunities with up to 100% ROI potential and income potential of 15% - 20% per year.
• Developers will PRE-VIEW NEW PRESALE Pricing on beach & Condo Hotel Investment opportunities.
• Reserve Now with a mere $10k.
• Hear testimonials from Expats that have invested in Panama and share their experience.
• FREE Properties Tour & meet Developers for attendees.

Additionally, as if this was not enough, those attending the seminar will be offered UP TO $2,000 CASHBACK for buying property from ThinkPanama.Com and referring clients.

Thursday, March 27, 2008; 9:30 a.m. - 2:00 p.m.

Miramar InterContinental Hotel, Salon Bahia
Panama City, Panama.

Seating space is Limited, the first 20 Investors that call to confirm or email will get access code to attend FREE.
TO RESERVE YOUR FREE ADMISSION call 260-4000, 6676-8904, U.S. Direct (407) 641-5747, call for FREE access code.
Each Access code is valid for two Investors to Attend FREE.

dchoy@thinkPanama.com

Contact Information:

ThinkPanama.com

Calle Ricardo J. Alfaro
Century Tower
18th floor , Suite 1810,
Panama, Republic of Panama

Contact Person:

Douglas M. Choy
Director, Licensed Real Estate Broker
Phone: 011-507-260-4000
Phone: U.S. Direct: (407) 641-5747

email: dchoy@thinkpanama.com

Web: http://www.thinkpanama.com
________________________________________

Press Information:

ThinkPanama.com

Calle Ricardo J. Alfaro
Century Tower
18th floor, Suite 1810,
Panama, Republic of Panama

Contact Person:

Douglas M. Choy
Director, Licensed Real Estate Broker
Phone: 011-507-260-4000
Phone: U.S. Direct:(407) 641-5747
email: dchoy@thinkpanama.com

Web: http://www.thinkpanama.com

Douglas McArthur Choy Franco
President and CEO
ThinkPanama Inc.

A business graduate from the University of Central Florida in Orlando, Florida, Douglas Choy began his career at JCPenney where he graduated from the JCPenney management training program and gained a tremendous foundation and acquired stealth solid business skills in all areas of business management.

“The management training that I received at JCPenney, at the time the No. 3 Retailer in the U.S., has become the solid foundation that shaped my work ethic and sound business skills for the rest of my career and armed me with excellent analytical business skills.”

Douglas Choy became a retail expert and worked as a corporate buyer for Universal Studios Florida; where he was able to gain extensive experience in product development of MCA Universal toys and licensing for movie products with MCA Universal, Nickelodeon, and other major studio networks brands.

“Working at Universal designing toys for movies like Jurassic Park, Back to the Future, E.T., and at the beginning of the Nickelodeon revolution was a dream come true, I felt like a kid working in a candy factory, but then again, the business skills that I acquired from inventory management in the highly competitive retail markets molded my future for what I am today”

.

Douglas Choy also worked for Upper Deck International as Latin America Director of Marketing & Sales for Upper Deck trading cards. That allowed him to work directly with the sports leagues like Major League Baseball, NBA Basketball, and World Cup Soccer.

“Michael Jordan was hot worldwide; everybody knew who Michael Jordan was…this allowed the NBA and licensees companies like Upper Deck to break into new Latin American markets.This experience, again, was like a kid working in the dream world of being around sports celebs and having access to center court in exhibition games played at the Palacio de los Deportes in Mexico City where San Antonio Spurs was playing Houston Rockets and sitting next to Grant Hill for lunch at the hotel…but again, it all translated to licensing, products, events, and opening Latin America as a market for U.S. leagues & sports licensees.”

Douglas Choy became an expert in Latin America. He has been mentioned in several business magazines including an article in Latin Trade magazine and quoted as an expert in the region. Today, he runs the marketing firm he founded Global Branding Group and has designed and strategized the success for many brands globally in the United States, Europe and Latin America. He has also played a key role in promoting Panama internationally. Some of the recent brands built by GBG, spearheaded and powered by Douglas Choy include: Prima Panama, Prima Paradise magazine, 4W magazine, Coupon Book, Natura Development, Tropical Pathways, Latitude 8, and residential community developments like: Rio Mar Luxury Beach Community, Casa Grande, Las Nubes, Los Pozos, among others. His company Global Branding Group has grown steadily out of Panama and today they also function as Project Managers managing from A to Z the master plan design process and development of residential communities and resort hotels.

ThinkPanama.com is his idea, he founded the company and he brought together top experts in several industries to create what he visualizes will become the number 1 Real Estate, Investment, Travel & Tourism portal for Panama. Already the site recently launched has received thousands of visitors and registered hundreds of thousands of page views.

“We will continue to add technology, valuable contents and features to ThinkPanama.com, and it will become a very valuable Information source and a Personalized Investment tool for Investors, and Travel related services planning assistance for individual travelers or group conventions considering Panama as a possible destination”.

At 42 he finds himself enjoying what he enjoys the most: creating his next global power brand which he feels will become a brand to help promote his country worldwide