Panama real estate for sale: Are you seeking a lucrative investment in one of Panamá's most iconic and culturally rich areas? Look no further. This exclusive commercial property, nestled in the heart of Casco Antiguo, offers an exceptional opportunity for investors who understand the value of location and the promise of consistent returns.
Why Invest in Casco Antiguo? Casco Antiguo, a UNESCO World Heritage Site, is a vibrant district that beautifully blends old-world charm with modern-day amenities. This unique neighborhood is not only a major tourist attraction but also a sought-after location for businesses and investors alike. Real estate in Panama, particularly in Casco Antiguo, continues to appreciate in value, making it an ideal spot for those looking to secure a solid return on investment.
Property Highlights:
Lot Size: 215 m²
Construction Size: 420 m²
Location: Casco Antiguo, Panamá
Year of Refurbishment: 2012
Property Tax Exoneration: Until 2042
This fully refurbished property, situated along Avenida B, offers maximum exposure to the bustling streets of Casco Antiguo. The building features three separate entrances, providing flexibility for multiple commercial ventures. Currently, the property is fully leased to long-term tenants, generating a stable monthly income of $7,800 with a 5% annual increase.
Diverse Income Streams:The ground floor houses two commercial spaces that benefit from high foot traffic, while the serene internal patio is home to a popular restaurant, offering guests a unique dining experience in the heart of Casco Antiguo. The upper floor transforms into a lively bar and discotheque by night, attracting both locals and tourists, ensuring a vibrant nightlife and sustained rental income.
A Secure Investment:Panama property for sale in Casco Antiguo is rare, especially one that offers such robust returns. With property tax exoneration until 2042, this investment not only promises immediate cash flow but also significant savings in the long run. The property's strategic location, combined with its fully leased status, makes it a secure and profitable addition to any real estate portfolio.
Panama Real Estate for Sale: Don’t Miss Out This is more than just a property; it's a gateway to consistent income, potential for appreciation, and a slice of Panamá's rich history. Panama equity real estate, particularly in a prestigious area like Casco Antiguo, is a smart investment that can yield substantial returns.
Don't let this opportunity slip away. Contact us today to schedule a private viewing and explore how this Panama real estate for sale can be the cornerstone of your investment strategy.
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Salim Bhikak
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