Residences Palacio Del Mar in Bocas Del Toro, Panama Receive Pre-Sale Approval

Unanimous Vote Kicks-Off the First Phase of Six Diamond Resorts International Development.

Miami, FL, December 14, 2007 --( The Municipal Planning Group of Bocas Del Toro has unanimously approved pre-sales for "Palacio del Mar", the first phase of the Six Diamond Resorts International brand. Bernardo Sanchez Miranda, the Municipal Engineer described the development as a “magnificent project”, and said of its creation, “we are sure it will be for the mutual benefit of our community and your organization.” Palacio Del Mar is thrilled to share their hidden gem with the world as they commence sales on the first phase of what is to be one of the largest and most exceptional group of mixed-use developments in all of Panama; if not the world.

International sales will be managed by Venetian Capital out of Miami, Florida. Headed up by Fadia Bassi, who just finished selling out the wildly successful Denovo in Panama City, this approval marks the much anticipated entrance into the market from the new international brand. “Panama does not give these permits to just anybody,” Bassi explains, “the government is taking serious steps to ensure that all new projects are from serious developers with the intention and means necessary to move forward.” Local Panama sales will be conducted by Diamond Properties out of the Casa del Mar office, located directly on the waterfront in central Bocas Town.

Located on the main island of Colon, Palacio Del Mar will be the first of an assortment of projects across numerous regions to make up the Six Diamond portfolio. Additional territories within the collection include further expansion in Bocas Del Toro, Costa Abajo, and Chiriqui Province, or the “Coffee Highlands”. The residences will characterize a unique variety of sophistication and beauty while respecting both the people who inhabit the region as well as the land and sea that surround it. The developers of Palacio Del Mar are committed to creating a harmonious haven, a luxurious home away from home for the fortunate few; the discerning buyer who truly appreciates relaxation and indulgence.

The condominium units, ranging from one to three bedrooms, will have dramatic views facing either the romantic Almirante Bay or glorious, aquamarine Caribbean beaches. The bay will house a private marina for owners and visitors to store boats of all sizes, while the beach offers the best in snorkeling, scuba diving, fishing, or simply relaxing on the soft white sand. The Caribbean Beach Residences will boast wooden floors harvested from sustainable forests and large glass paneled walls - perfect for viewing breathtaking sunrises. Each home will feature elegant and expansive layouts, top of the line furniture packages, and state of the art appliances.

Six Diamond Resorts International has designed all of their projects to please and pamper tasteful consumers while preserving the beauty of one of the world’s last great paradises. Palacio Del Mar is an exceptional offering for those seeking a vacation home, retirement option, or getaway retreat in an undiscovered, but convenient location. Contemporary design, extravagance, and full service amenities combined with a range of dynamic outdoor activities and pampering will complete the Palacio Del Mar experience.

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Palacio Del Mar
Becky Manuel