$ 450,000.00

Features
  • Bedrooms: 14
  • Bathrooms: 14
Address

calle 6ta rio abajo, Panama - Rio Abajo, Panamá

This property has been viewed 1434 times.

Description

For sale: a high-performing mixed-use property, ideal for investors seeking immediate income, security, and strong urban appreciation in Panama City.


Located on a dead-end street, just 50 meters from Vía España, in an area with high rental demand and excellent connectivity.




KEY INVESTMENT DATA



  • Sale price: USD 450,000

  • Gross monthly income: USD 6,650

  • Net Operating Income (Annual): USD 59,850

  • Proven ROI: 13.30%

  • Zoning: RM1C2




PROPERTY COMPOSITION




  • 13 studio apartments (USD 350 each)




    • Each with bathroom, kitchen, and bedroom






  • 3 commercial units (USD 700 each)




    • Each with private bathroom





  • Customer parking available

  • Land area: 853 m²

  • Year built: 1966




LOCATION


Río Abajo – Calle Sexta
Close to the House of Justice and Peace, Health Center, shops, public transportation, and Vía España.
Area undergoing urban renewal with sustained value appreciation.




IDEAL FOR



  • Rental investors

  • Investment funds

  • Developers

  • Institutional buyers




CONTACT


Contact us for more information

Overview
  • ID: 445697550
  • Property type: Business
  • Bedrooms: 14
  • Bathrooms: 14
  • Stories/Floor: 1
  • Lot size: 853.00 Sq. Mt.
  • Year built: 1966
  • Construction size: 853.00 Sq. Mt.
LISTING DETAILS
Listing ID:
445697550
Property type:
Business
Contract type:
For Sale
Price:
$ 450,000.00
Bathrooms:
14
Bedrooms:
14
Stories/Floor:
1
Garage capacity:
4
Year built:
1966
Construction size:
853.00 Sq. Mt.
Lot size:
853.00 Sq. Mt. - 9,181.61 Sq Ft.
Features
  • Pre-owned
  • Garage open
Map
  • Address
    calle 6ta rio abajo, Panama - Rio Abajo, Panamá
Contact information
avatar
Angela Barragan
RE/MAX MILLENIUM - Life Real Estate Panama S.A. PJ 1361-2021