Cardenas Village is an exclusive residential area in Panama City.

Location
Located between Clayton and Los Rios/Corozal, Cardenas is part of the Reverted Areas, also known as Garden City. This prime location is only 10 minutes from the Albrook Airport, the Albrook Mall, and the City of Knowledge.

Zoning
The zoning of all properties in Cardenas Village is R1D1: low density – low intensity residential only. Therefore, this beautiful family neighborhood will be free of apartment and commercial buildings.

Nature
If you are looking to live close to nature and surrounded by green areas and centenary trees, Cardenas Village is the ideal place. From the property’s backyard you can spot all sort of wild animals and birds, from dears, agoutis, squirrels, armadillos to green parrots, toucans, and hummingbirds.

The back of the property is a designated protected green belt maintained by the Municipality, its zoning is PND: green area – no development allowed. This particular characteristic is unique to this property. You will enjoy an incredible natural view for the rest of your life.

Alongside the property, you will also find another green belt, also zoned PND, with a majestic permanent resident, a tall centenary tree.

Security
Cardenas Village has only one entry/exit point which restricts access to residents and visitors only. The security in this point is reinforced 24 hours with the help of a security guard paid by the residents.

Traffic - Noise - Pollution
Since the only cars in the streets are those owned by residents and visitors, traffic, noise and pollution caused by cars it’s not a problem. Cardenas Village is the only spot of the Reverted Areas with this benefit.

Property
The lot has 717.06 square meters. The house includes a one level duplex with approximately 110 square meters of construction. All original blueprints are available. This house can be fully transformed into an elegant cozy one or two bedrooms home with one bathroom and laundry area using a budget of less than $20,000. However, this property and its location within Cardenas Village allow the necessary flexibility to build the house of your dreams, including the possibility to build a single family house completely detached from the neighbor duplex unit, if you decide to demolish the existing structure and start from zero.

The lot is one of the very few in the neighborhood that offers the potential to build a detached single family home, a very valuable characteristic.

Investment
The value of the property is US$ 277,000.

No doubt that investing in a Cardenas’s property is an ideal long term plan. In general, the area continues to improve, more owners are expending considerable amounts improving their houses. At the same time, developers are expected to build a small number of houses in an eight hectares lot located very close to the property. In addition, while other parts of the Reverted Areas like Clayton and Albrook are becoming more and more populated, Cardenas will become more desirable for those looking for an open quiet neighborhood, therefore increasing the property value. Finally, it is important to mention, that a considerable international working community is moving to Panama City, the type of new residents who appreciate an area like Cardenas Village and who will be willing to pay a premium to live there.

Address
Avenida Wright, Urbanización Cardenas, Corregimiento de Ancón, Ciudad de Panamá, Panamá

Neighborhood
Unlike other areas in Panama City, Cardenas Village has wide streets and sidewalks where you can enjoy an afternoon walk with your family and pets. Beautiful tall palm trees decorated the streets of Cardenas. Electrical as well as phone lines are underground.

Residents can also enjoy the community recreation area which offers tennis courts, playground, soccer field, and a community centre, which is used for the regular meetings of the Cardenas Residents Association, and for Halloween and Christmas celebrations.

Residents
Cardenas Village has a great mix of residents from all different parts of the world, English as well as Spanish is spoken in the streets.

During Halloween, the residents decorated their homes and the streets are full of kids dress up for the occasion.

The residents are well organized through the Cardenas Residents Association, a group determined to improve the area, defend their interests and protect their Cardenas’ life style from those trying to change zoning and bylaws.

Conclusion
Cardenas Village is the ideal place to enjoy a healthy life style.

If you are seriously considering buying a property like this one, please email me your Name & Phone number to cardenasvillage@yahoo.com I will call you to give you more information and answer any questions.