Roads Pave the Way At Andromeda Country Club; Power, Water to Follow at Planned Luxury Beachfront Community in Pedasí, Panama

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Dekel Panama S.A. is pleased to announce the completion of roads this week within the Andromeda Country Club, a luxury beachfront vacation community in Pedasí, Panama, paving the way for the project's remaining infrastructure to be laid. Roads have now been cut throughout the planned 40-hectare waterfront project, which sits overtop the sandy beaches of Playa La Garita and Playa Toro on the Azuero Peninsula on Panama's Pacific coast. Electricity, water and waste treatment are the next steps in Andromeda's development, say project developers.

Dekel Panama S.A. is pleased to announce the completion of roads this week within the Andromeda Country Club, a luxury beachfront vacation community in Pedasí, Panama, paving the way for the project's remaining infrastructure to be laid.

Roads have now been cut throughout the 40-hectare waterfront development, which sits overtop the sandy beaches of Playa La Garita and Playa Toro on the Azuero Peninsula on Panama's Pacific coast.

Project developers Dekel Panama S.A. confirm the new roads are being completed in anticipation of the implementation of infrastructure.

"Now that the roads are being finished, we are just waiting for construction plans to be approved to start putting in electricity, water and waste treatment," says Rafael Museri, a spokesperson for the development group.

Phase One lots are currently available within the Andromeda Country Club, Pedasí's first planned residential community, with preferential pricing in effect. Lots range from 800 to 1500 square meters, with stunning views of the Pacific Ocean and the magnificent island reserve of Isla Iguana, just 20 minutes offshore.

Owners can create their own custom-designed homes, or choose from several home models elaborated by Mallol y Mallol, one of Panama's foremost architectural firms. Model designs feature airy, luminous spaces, maximizing the panoramic ocean views and providing ease of movement and function. All homes will be equipped with the latest in modern and environmentally friendly amenities.

The project is set to begin building early this year with completion in 2011. Residents will enjoy the use of extensive recreational facilities including a beach club and bar; a gym and luxury spa; basketball, volleyball and tennis courts; a business center; a kids playground; and several green areas, with parks and hiking trails centered on the two natural creeks that wind through the property.

The area offers endless adventure and leisure activity. At the tip of the Azuero Peninsula, Pedasí is a world apart; timeless and rustic, yet furnished with excellent, modern infrastructure, this once-sleepy stretch of coast is drawing international attention for its fine weather, beautiful beaches, excellent surfing, first-rate sport-fishing, natural beauty and vibrant culture.

Known as the "Tuna Coast", Pedasí's waters offer sport-fishing enthusiasts catches of yellow-fin tuna, marlin, dorado, sailfish, snapper, wahoo and more. Snorkelers and scuba-divers can enjoy the rich coral reef around Isla Iguana, or laze on its blinding white sand beaches, watching thick flocks of frigate birds swoop overhead.

Further afield lies Isla Cañas, whose 14-kilometer-long beach receives dozens of nesting turtles nightly, and Playa Venao, whose consistent swell attracts surfers from all over the world.

In summer months, which runs from December to April, local towns burst into celebration, with the peak of the festivities falling during carnival week in February. Las Tablas, about an hour from Pedasí, is the center of attention during carnival, with parades and floats filling the streets with life, color and music.

About the Developers
Dekel Panama S.A. is one of Central America's up and coming development groups, offering fresh vision and energy to the region's hottest real estate investment and vacation properties.

With experience in the Middle East, the U.K., and Costa Rica, the group brings international experience in real estate development, business and finance to Panama's burgeoning property development market.

Exceptional quality is the cornerstone of Dekel's development philosophy. Using the latest technologies, finest materials and environmentally conscious designs, Dekel strives to create properties of the highest quality.

Combined with a keen flair for the newest property markets, and strong business integrity, Dekel Panama offers ground-level entry to Panama's most exclusive vacation-home communities, ensuring client and shareholder satisfaction alike.

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Alexander Kaplan
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