Ambitious project offers little
mansions on Isla Viveros

550 little mansions, pick yours!

The wave of real-estate developments targeted at foreign expats and second-home buyers has now reached the beautiful islands of Las Perlas archipelago, more specifically to Isla Viveros –a little-known, but well-endowed tropical paradise approximately 8 miles south of Contadora.

Grupo Viveros is currently marketing an ambitious residential project on the island among his fellow countrymen, other Europeans, North Americans and anybody willing to own a little mansion facing the crystal-clear waters of the Gulf of Panama, or a deluxe par 72 golf course designed by Jack Nicklaus

According to Dr. André Beladina, a representative of the company, Isla Viveros will be transformed into a "little, secluded community" of 550 residences built on 600 hectares (300 on the seafront and 250, facing the golf course.) The project also calls for two marina with capacity for one hundred, 150-feet yachts, shopping centers, an air strip, medical facilities and three five-star hotels, featuring between 100-300 bedrooms. The first lots, the price of which ranges between $300,000 and $500,000, will be ready for sale in early 2006.

Isla Viveros offers 35 km. of white-sand beaches.

Clients will have the opportunity to choose from various house models, although the company can also build mansions for the most demanding tastes. The total price of the average property, land included, is approximately US$750,000.00.

A small canal separates Isla Viveros from Isla del Rey, the largest and most populated of the Pearl Islands –an archipelago that gets its name from the abundance of pearls found there during the colonial period. The entire region is a paradise for anglers, divers and water-sport enthusiasts. The transparent waters of the Pacific, reminiscent of the Caribbean coast, are filled with Blue and Black Marlin, Wahoo, Sailfish, Red Snapper and many other species. The project is only a few minutes from the popular resorts of Contadora Island and not very far from Piñas Bay, one of the world's top sports fishing venues.

Easy access- a 15 minute fligh- from Panama City.

A service of regular, scheduled flights, which will soon include Isla Viveros, provides an easy access to and from Panama City (15-20 minutes).

For more information, call: (507) 264-3900 or visit the webpage www.islaviveros.com – or send an e-mail to: info@islaviveros.com