This is a great opportunity to purchase apartments in a gated community off-plan with a SPECIAL INTRODUCTORY DISCOUNT OF £10,000 up to March 1st, 2008, and with the added benefit that all contracts signed prior to March 1st, 2008 are assignable.Located in San Carlos with sea views, mountain views, and just 5 minutes from fabulous white sand beaches, the apartments will be fitted and equipped to a high standard.There will be a maximum of 60 apartments constructed in five attractively designed buildings with 12 apartments per building. Facilities will include a communal swimming pool, spa, and large decked area set in tropical landscaped gardens. A restuarant is scheduled to be opened by the entrance to Los Altos de San Carlos.In each building there will be 8 one bedroom apartments and 4 two bedroom apartments with an introductory price of £69,000 for one bedroom apartments and £89,000 for two bedroom apartments. Payment terms:One bedroom apartments :- £5,000 payable with Reservation; £10,000 payable on Contract within 60 days; £10,000 payable 45 days prior to commencement of construction.Two bedroom apartments :- £6,000 payable with Reservation; £14,500 payable on Contract within 60 days; £14,500 payable 45 days prior to commencement of construction.Non-status mortgages are available over a 20 year term with an interest rate of 7.5% and payments of £275.01p per month for one bedroom apartments, and £337.51p per month for two bedroom apartments.Los Altos de San Carlos is superbly situated with easy access onto the Pan American Highway running from Panama City north to Costa Rica.Panama, which has the U.S.Dollar as it's currency, has a Low Cost of Living....real estate, food, luxury items and entertainment are only a fraction of what you pay in Europe and North America. Los Altos de San Carlos will have a reception and on-site management, and the properties will be promoted for rentals in the U.S.A., Europe, and South America.