1. CORONADO GOLF & BEACH RESORT
Is a hotel tourism center with rooms, business center, conference rooms and banquet
halls, Golf course designed by Tom Fazio, executive golf course, spa, swimming pools,
tennis courts, golf practice course, restaurants, bars, shop, and beach facilities. The
Resort is owned by Desarrollo Golf Coronado, S.A. The Hotel is managed by the
BlueBay hotel chain, which has an administrative agreement.
The CORONADO GOLF & BEACH RESORT Member/ Affiliate acquires an irrevocable
right to enter the Resort to use its facilities.
The Board of Directors of the company reserves the right to amend the Rules and
Regulations solely by notifying its Members/Affiliates.
3. ACCESS TO THE RESORT
Only the following will have the right to use the “Coronado Golf & Beach Resort”
- a) Its Members
- b) Its Guests
- c) Access to the general public may be allowed for some special
Every person staying in one of the rooms will have to abide by these Rules and
Regulations, since every room includes a membership that pays a monthly
In order for Guests to use the facilities they must wear the wristband supplied to them
at registration time. In order for Members to use the facilities, they must have their
valid Membership ID card and present it prior to the provision of any service. The
consumptions of guests and Members must be signed and charged to their account.
The Coronado Golf & Beach Resort staff is under the obligations to ask for the
Membership ID card before processing the Members’ orders or verify that the Guests
are wearing their wristband.
4. TYPES OF MEMBERSHIPS
4ª. REGULAR MEMBERSHIP
Are the persons or legal entities that purchase membership, pay their admissions
quota, and are admitted by the Board of Directors as Member of “Coronado Golf &
Beach Resort” once all the entry requirements have been complied with.
- Membership Price $10,000
- Admission Quota $ 5,000
- Total $15,000
This cost may be financed, with a $3,000 installment payment and 10 years of monthly
payments of $100, in addition to the payment of the monthly quota in effect.
(*) In the event of transfer to a person who is not an immediate family member (2nd
degree of consanguinity), he / she must go through the admission process and the
quotas and consumptions account must be up to date. Once accepted, the new
Member must pay the admission quota in effect at the transfer time. Admission
process means the approval of the new entry on the part of the Board of Directors.
Are the legal entities that purchase corporate membership and pay their admission
quota once they are admitted by the Board of Directors as Corporate Member of
“Coronado Golf & Beach Resort”, once all the entry requirements have been complied
with and approval from the Board of Directors. This membership will allow the
admission of four (4) Members with the payment of only 3 individual monthly quotas.
In this membership the legal entity is fully and jointly responsible for the payment of
the individual accounts. The Corporate Membership may add more than four (4)
memberships as long as it pays the admission, an additional individual maintenance
monthly quota and that he / she is a company employee, without paying a
membership cost. These additional memberships are non-transferable, and if one of
the members appears late in payments, they are all late in payments and they may
not be billed.
- Membership Price $30,000
- Admission Quota $15,000
- Total $45,000
(*) In the event of transfer to another company, it must go through the admission
process and the quotas and consumptions account must be up to date. Once accepted,
the new Member must pay the admission quota in effect at the transfer time.
Admission process means the approval of the new entry on the part of the Board of
4c. MEMBER’S SON / DAUGHTER MEMBERSHIP
The sons and daughters of Members may use the Coronado Golf & Beach Resort
facilities and charge consumptions to the account of his / her / their parents, until they
turn 26 years old.
They may activate a personal Membership anytime, free of charge, as long as his / her
/ their parents accounts are up to date.
Upon activation of this new Membership, the following monthly quotas will be paid
- Up to 30 years old – ¼ of the monthly quota in effect – currently $65.00
- From 31 to 40 years old – ½ of the monthly quota in effect – currently $130.00
- From 41 years old thereon – regular quota in effect – currently $260.00
When the Member’s son / daughter decides to activate this Membership, in order to
activate it he / she will have to pay the quotas he / she had not paid before. For
example, if he / she decides to activate it when he / she is 32 years old, he / she will
have to pay the quotas he / she did not pay from when he / she was 26 until he / she
became 32 years old, or pay the cost of a regular Membership. In case that he / she
has to pay the quotas that he / she had not paid, he / she may finance them in equal
quotas during one year, in addition to the quota in effect that he / she has to pay
according to his / her age.
(*) In the event of transfer to another person, he / she must go through the admission
process and the quotas and consumptions account must be up to date. The new
Member will not have the benefit of the quotas with discount according to the age, that
benefit a Member’s son / daughter.
Once accepted, the new Member must pay the admission quota in effect at the transfer
time. Admission process means the approval of the new entry on the part of the Board
4d. MEMBER’S PARENTS
Senior parents older than 70 years old, who have been Members for a minimum of ten
years, or that their son / daughter has been a Member for a minimum of 10 years,
may be declared dependents of their Member sons / daughters, with prior approval
from the Board of Directors.
4e. TEMPORARY QUARTERLY, SIX-MONTHS PERIOD, OR ANNUAL MEMBERSHIP
This Membership was created for diplomats or international or local executives who
wish to try our facilities or that because of their work, will not have a permanent
residence in Panama, that comply with the requirements, and that are admitted as
Members by the Board of Directors.
This Membership is non-transferable and not renewable.
Price of temporary Memberships:
- 3 months – $400 + regular quota for 3 months
6 months – $600 + regular quota for 6 months
- 1 year – $1,200 + regular quota for 12 months
4e. CONTRACTUAL MEMBERSHIP
Are the local and international Memberships of persons or legal entities that, by
agreement and/or deed, are the owners of lot properties, residences, or apartments
within the Golf area, who are obligated to pay the monthly maintenance quota.
In the event of sale of the property, the seller is severally responsible for the
contractual obligation of the property, and shall submit a good standing certificate of
the account before proceeding with the transfer transaction, and the new Member the
must pay the admission quota in effect at the transaction time and start paying the
In the event that the property owner wishes to keep his / her personal Membership,
the purchaser of the property will be obligated to purchase another Membership, or the
property seller will have to purchase it. The property has the obligation to maintain one
4g. HONORARY MEMBER
Are those that, by decision of the Board of Directors due to their extraordinary
contribution to the Institution, will not pay monthly quota.
5. BENEFITS FOR ALL THE MEMBERS
- USE OF FACILITIES. Unlimited use of all the Resort facilities for the main
Member, his / her spouse, and non-emancipated children under 26 years old. Free emergency care at the Hospital San Fernando in Coronado, for the
- Free emergency care at the Hospital San Fernando in Coronado, for the
Member, his / her relatives and guests, with the presentation of the main Member
ID Card. (This benefit may be eliminated with a 30-days prior notice)
Additionally, the main Member will have an annual complimentary laboratory
exams and general examination package at Coronado, and discounts in the
Coronado Hospital drugstore (This benefit may be eliminated with a 30-days prior
- Other Clubs. Reciprocity with local and international clubs (Should you need a
reciprocity letter, or list of the clubs with which there is reciprocity, you may
request them from the Members’ Service office at the Resort)
- RESTAURANTS. Possibility to take the “all inclusive” buffets option at the
restaurants (the buffets price is listed in the menus) or to opt to order “à la carte”
at all the Resort’s restaurants.
- GOLF. Not paying Green fee when playing golf. Priority in “Tee Times” with 14-
days prior reservation made.
- Membership transfer right (*). (See (*) in Memberships description).
- Priority in reservation of meetings rooms.
- Invitation to events for Members only.
6. DISCOUNTS FOR ALL MEMBERS
The discounts mentioned are not applicable on top of discounts granted by
law (for example senior citizens discount)
Prompt payment of consumptions. 10% discount for prompt payment on
consumptions. All Members that have their accounts up to date, will receive a 10%
discount on their total consumption account at restaurants, personal or corporate
events, at the time they pay their account, if the same is paid before the 30th day
of the month following the bill.
- The Members who do not have their account up to date will not receive
discount mentioned above.
- The surcharge for late payment is 2% monthly once the 30 days
after the bill have elapsed.
- Items such as magazines, candy, and those from the drugstore, as well as
those having any type of discount, will be excluded from the 10%
Annual pre-payment of quotas. 10% discount for pre-payment of their annual
quotas. In this case the quota amount is guaranteed at payment time for the term
- In the event that the Member quit his / her Membership before the
expiration of the period paid, the discount applied will not proceed and the
amount discounted will be added to the account. Should there be an
outstanding balance in favor of the Member, said amount will be
reimbursed to him / her. Should there be an outstanding balance in favor
of the Resort, the Member must cancel said amount.
Rooms. Special price in rooms
- WITH all inclusive package $70 per person per night
- WITHOUT all inclusive package $50 per person per night
- Other rates apply for Carnivals, Holy Week, National Holidays, and New
Year’s; please request information at the front desk.