Price $325,000 negotiable
Location: Panama City, Panama
Perfectly Located in the Heart of Panama City, This Apartment is a Money Generating Investment
This luxurious apartment is located in the Banking Center of Panama City, in the Esplendor Hotel at the very heart of Panama’s commerce and banking… and the best nightlife scene! Located in the 28th floor, the apartment has an unobstructed view of the skyline of the city.
But perhaps the most attractive feature of this unit is that it is already generating profits throughout the rental program with the hotel management, making it a sound investment in a real estate and hospitality market that has proven to be recession proof!
Location Esplendor Hotel Ave Samuel Lewis, Area Bancaria
Size 90M2
Description
1 bedroom
1.5 bath
Fully Furnished
Kitchen , living and office area
Rental programme as follows: 70/ 30 spilt with 70% for the owner of the unit and 30% for management. Current nightly rate $182,target nightly rate $225
Current occupancy 70%, target Occupancy 80%
Located at the beginning of Ave Samuel Lewis in the heart of the banking and restaurant areas.
