What is Cubit?

Cubita is a residential/hotel project inspired by the traditions and architecture of Panamas Azuero Peninsula. It is being developed in the city of Chitre, the regions most vibrant community. The project features: Residential Area with 90 houses and apartments (condominiums). Hotel Cubit, a 100-room Wyndham Grand Hotel. Shopping Center with 16 commercial spaces and one corner lot. Situated on 5 hectares of meticulously landscaped, prime real estate. Valued at USD 22 million, the project is being financed with local capital and through bank financing with Banesco.

Why Cubit?
Cubit is a unique concept. Chitr: the best city to live and invest in. Cubit Club (Facilities). Construction already underway. Recurring income from Property Rental Program. Excellent capital appreciation potential.

Privileged location.
Affiliation to the Wyndham Grand Collection.

A Unique Concept: How did Cubit come about?

Cubit is the name of a Pre-Columbian group that inhabited the area along the La Villa river. We have chosen the name Cubit to capture the spirit of the Azuero region for many the region with the greatest cultural heritage in Panama.

The Cubit logo was adopted from the design found on a vase made by the Cubit people.

T h e A r c h i t e c t u r e o f C u b i t .
Cubit is inspired by the colonial architecture of the Azuero region of Panama.

Materials characteristic of the region have also been incorporated, including clay, stone and wood.

Arial View Of The Property

S i n g l e F a m i l y R e s i d e n c e s.

Tonos Model.

Hatillo Model.

Cubitas residential area will include two styles of single-family residences:

The Hatillo model, with 166 m/ 1795.7 f and The Tonos model, with 232.25 m 2499.9 f
For your privacy and comfort, both models will be situated on ample lots of approximately 600 m / 6458 f

T o n o s M o d e l.

Tonos Internal Patio

Tonos Living room

Tonos Master Bedroom

Tonos Floor Plans

3 bedrooms with bathrooms. 1 maids bedroom with bathroom. 1 guest bathroom. 2 parking spaces. Internal Courtyard. Family room. Living room. Dining room. Lobby. Studio room. Kitchen. Terrace Laundry room.

Hatillo Model
1 main bedroom with bathroom. 2 bedrooms sharing a bathroom. 1 Guest bathroom. Family room. Living room. Dining room. Kitchen. Lobby. Terraza. 2 parking spaces. Laundry room.

Condominiums

Comfortable and stylish two and three-bedroom apartments offer residents and investors the best in care-free living. Apartments will range in size from 84.5 to 111.7 m / 909 to1202f

Condominiums

Living room

Dining room

Condominiums

Bedroom

Kitchen-dining room

Condominium Floor Plans

Lower floor

First floor

Second and third floor

Cubit Wyndham Grand Hotel

The Cubit Wyndham Grand Resort will have 100 luxury rooms, a colonial courtyard and a chapel. In addition, the Hotel will also have a restaurant, two meeting rooms, a museum and a social area with pool, sauna, fitness center and spa.

Shopping Plaza
The convenience and variety available at the Cubit shopping plaza will enhance the experience of Cubit residents and hotel guests alike.

The Way That We Should LIVE

C h i t r : The Best City to LIVE

Chitr was selected by the Gorgas Memorial Institute as The Best City to Live in Panama because of attributes such as:
Longevity Quality of life Low cost of living Safety Low crime Access to hospitals Access to major banks Access to supermarkets and major stores Proximity to excellent beaches (20 minutes from Los Santos and Guarar and 1 hour from Pedas).

A blog post from an expatriate American citizen living in Chitr (Forbes Magazine):
As an American expat who has called Panamas Azuero Peninsula home for the past 30 years, I can attest to the amazing transformation the country is undergoing, not just in the capital city, but in provincial cities such as Chitr, which offer discriminating travelers all of the amenities of urban living while retaining the laid-back atmosphere and easy charm that Panama Citys capitalinos come running back for every chance they can get. Pristine beaches, dozens of colorful fairs and festivals and upscale developments such as the prestigious Cubit Wyndham Grand Hotel and residential development are just a few of the reasons why travelers tired of the beaten path should include the Azuero Peninsula in their itinerary and come experience the gracious hospitality of Panamas provinces for themselves. (Rebecca Wentzel)

C h i t r : The Best City To INVEST

Chitr is one of the cities with the greatest growth perspectives in Panama; in the last 3 years the largest and most recognized retailers in Panama have extended their offering to this market.

Expansion of the National Highway between Divisa and Las Tablas has helped attract investors to the region; the project is expected to be completed in 2013.

L o c a t i o n : Chitr is centrally located in Panama

Panama: #1 on the New York Times list of 45 Places to Go 15 minutes from the beaches 1 hour from Pedas 1 hour and 15 minutes from the Rio Hato International Airport

25 minutes from Las Tablas.

Cubit Club: Benefits and Activities

Gated community with 24 hour security.

Enjoy exclusive free membership in the

Cubit Club: Host a get-together or just lounge around in the Social Area of the Cubit Wyndham Grand Resort. Cool your heels in the pool Restore and relax with the10% discount in the Spa Experience the health benefits of the Sauna Tempt your tastebuds with the10% discount in the Restaurant Work out in the Gym Explore the Museum Enjoy some quiet time in the Colonial Chapel

Enjoy the many other activities available in Chitre and Azuero

Expand your culture at the more than 40 festivals and folklore events held annually in the Azuero Region. Improve your swing at Chitres 9-hole Golf Course, only minutes away from Cubit. Join the enthusiastic crowds in the new Baseball Stadium as they cheer on their 5-time national champions. Take a leisurely Horseback Ride. Try you hand at Surfing, Fishing and Snorkeling inPedas.

Property Administration Program (PAP)

We offer a property management program where your property generates an income when you are not there.

Distribution: 60% to the owner and 40% to the hotel. The Hotel provides:
Maid service Hotel amenities (sheets, pillows, shampoo, soap, etc.) Check in and Check out Property inspection and maintenance Marketing

Properties under the PAP must purchase the furnishings and appliance package in order to ensure the same standard offered to guests of the Cubit Wyndham Grand Resort.

Excellent Investment Potential

Appreciation potential: The properties are estimated to increase 17% in value by the time the project is completed.

EXCLUSIVITY: There are only 26 houses and 64 apartments. Currently, this is the only project in Azuero that will offer the standards of luxury of a WYNDHAM GRAND RESORT. Your Property will generate an income from the rental pool.

Occupation Statistics
Panama received 16% more tourists in 2011 than 2010; experts expect the upward trend to continue in 2012.

The province of Herrera (where Chitre is located) has the third highest occupation in the country * after the provinces of Panama and Cocle.
We expect that the historical 39% occupation obtained by the province in the past years will be exceeded due to the following advantages: Increased marketing by the Government on the cultural aspects and folkloric festivities of Azuero. Increased traffic and accesibility due to the road expansion. Increased commercial activity.
* Statistics from the Authority of Tourism of Panama (ATP).

Who will Occupy Your Unit

Should you choose to take advantage of the rental pool, these will be your likely tenants: Being the addition of the Wyndham Grand brand Chitre will attract a higher class of clientele which previously did not consider Chitre as an option. A tourist package option for Pedasi travelers. The Government is promoting Panama as a wedding destination, and Cubita will be one of only a few hotels in the country with a chapel. Cubita will also attract corporate events that will choose us due to the cultural aspects and concept of the hotel. With the only offering of luxury apartments in Chitre, Cubita will attract young families and corporate executives.

Terms of Purchase
$3,000 down on apartments / $5,000 down on houses. Complete 10% of purchase price upon signing contract. Complete 20% of purchase price 30 days after signing contract. Financing available from major banks.

Cash purchase incentive

If you pay 100% cash for your unit , you will receive an automatic discount of 5% off the value of the property.

Construction Already Underway: Estimated Completion Dates:

Hotel: September 2013 Shopping Center: September2013 Houses: September 2013April 2014. Condominiums: September 2013

Availability of houses

Availability Of Apartments