High quality flat for sale in Panama City.
A Furnished Apartment in Panama City is for sale. The building was built with high construction quality by Empresas Bern, one of the most renowned real estate developers in Panama. It offers breathtaking views of Avenida Balboa and the old town of Casco Viejo.
The flat is fully furnished and rented for USD 1,050 per month until January 2023. Market rent is currently USD 1,400, so the rent should be increased then.
The property is very suitable for investment as it is a popular residential tower for potential tenants from the large multinational corporations located in the area and is also very central and well located. There is a wide variety of restaurants, supermarkets, etc. in the immediate vicinity and in the building itself.
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Facts & Figures
- 255.000 USD (negotiable) / 2.429 USD per sqm
- Kitchen with kitchen appliances included
- 105 sqm
- 1 bedroom
- Living / dining room
- 1 bathroom
- Balcony with view to the Pacific Ocean and the old town of Casco Viejo
- 1 parking space
- Year of construction 2009 / Exempt from property tax until 2029
- Offer code WEN29B202210
Secure a property with running rental income in a building that enjoys enormous demand. Panama receives a growing number of expatriates, corporations setting up shop and is an attractive destination for profitable investments. A furnished apartment in Panama City is not only automatically a good investment, you even generate income directly due to the current rental.
As a partner with years of experience, we are your serious advisors on investment opportunities in Panama and will be happy to help you find the right property. Please contact us at any time.
The real estate market in Panama is internationally one of the most interesting locations for real estate investments and we would like to be your trusted local partner and take care of your real estate in Panama in a sustainable way.
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Investments in Panama