$1,500,000

Best Business Deal $1 M Reduction

  • 43 Beds
  • 43 Baths
  • 22,110 Sqft
  • Updated: April 7, 2023
  • 1
    Views for last 30 days
  • 8

About the Property

BEST BUSINESS OPPORTUNITY! REDUCED $1M FROM THE ACTUAL PRICE of $2,490,000. OWNERS MOTIVATED TO SELL

This complex of 45 apartments, 42 of them completed, with autonomous units, is located in the Community of Antón on the road to Los Pantanos. The area is nice, quiet and completely fenced with a security gate. Units include studios (bachelors) and apartments with one or two bedrooms.
BEST BUSINESS OPPORTUNITY! REDUCED $1M FROM THE ACTUAL PRICE of $2,490,000. OWNERS MOTIVATED TO SELL

This complex of 45 apartments, 42 of them completed, with autonomous units, is located in the Community of Antón on the road to Los Pantanos. The area is nice, quiet and completely fenced with a security gate. Units include studios (bachelors) and apartments with one or two bedrooms.
All units have an excellent finish, with imported cabinets and countertops in both the kitchen and bathrooms.

The rental price varies between $250 for studios and up to $450 for two-bedroom, two-bathroom apartments.
The complex offers 20 studios, 13 one-bedroom units, 5 two-bedroom units, 3 offices and the property manager house.

At this time and due to the pandemic there is a 35% occupancy of the units providing a continuous flow of income.

The complex has its own social and recreation area, with a large pool and huts for barbecues or parties.
All units also have their own parking, either in the front or on the side of the residencial, with parking areas.
There is also an office area with air conditioning units available for rent. There is ample space for storage deposits and extra parking for visitors.

The complex is located on a land of 8,289 m2 distributed as follows:

1,532 m2 of green areas
709 m2 of parking
746 m2 of sidewalks
2,120 m2 of internal streets
2,054 m2 of apartments
904 m2 storage area, common areas, laundries and gazebo.

There is also the option to convert the development into a PH (Horizontal Property), thus allowing the sale of each unit separately. The seller is looking for a buyer for the entire complex, but also to rent the available units.

At this bargain price this complex is an excellent opportunity to invest in an asset that is already producing a steady income!

  • Property type

    Apartment

  • Floors

    1

  • Year built

    2016

  • Price/sqft

    $67

Features

  • Garden
  • Pool
  • Terrace
  • Garage
  • Outdoor Kitchen
  • Playground
  • Gated Community
  • Open Kitchen
  • Modern
Features

Lot

  • Gated Community
  • City View
  • Privacy
  • Investment Property
  • Modern

Indoor

  • Air Conditioning
  • Open Kitchen
  • Stone Countertops

Outdoor

  • Terrace
  • Pool
  • Garage
  • Playground
  • Outdoor Kitchen
  • Outdoor Living Space
  • Pergola
  • Garden

Explore the Area

Anton, Coclé Province, Panama View on Google Maps
Price per sqft
Low
High

View 1 more listings in Anton

Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Philippe Raynaud
Panama
View agent profile
Philippe Raynaud Philippe Raynaud background
20
Listings
2019
Joined

Book home tour with Philippe Raynaud

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
PREMIER REALTY PANAMA
PREMIER REALTY PANAMA
Avenida Roberto Eisenmann, Coronado, Panama
View agency profile
About Premier Realty Panama... Thanks for checking us out! A little bit about us: Premier Realty Panama was founde
About Premier Realty Panama... Thanks for checking us out! A little bit about us: Premier Realty Panama was founded by Alcides, a Panamanian native from Macaracas in the province of Los Santos, and Yves who was born and raised in Montreal in the province of Québec, in Canada. At Premier Realty Panama, our team does its very best to be your #1 choice in licensed and certified Real Estate professionals by offering you a wide range of real estate services specializing in Beach and Mountain living on the Pacific Coast markets of Panama. We are a Turnkey, professional one-stop customer based service committed to ensuring that our client’s real estate experience in Panama and real estate needs are met in an honest, efficient and effective manner, just like we are accustomed to in Canada and the United States. Our team offers experience and expertise in Panama real estate housing and investment markets. Best of all, we are honest, licensed, reachable and approachable, and we are not hiding behind a website with no contact name or number, which is so common in this country. WHAT WE OFFER: Our staff are multilingual speaking fluent Spanish, English, Romanian and French (and a bit of Italian) and carry professionally licensed credentials authorizing full and bona fide participation in the Panama real estate market, something too few agents can claim to have in Panama. WHAT YOU CAN EXPECT: Commitment to our Client offering honest, non-biased appraisal of your potential real estate investment. Experience and proven expertise in Panama’s Resort Living real estate, with in-depth knowledge of Panama’s Pacific Coast real estate market. Prompt and efficient response to customer inquiries. Our team is in constant contact with our Clients and are immediately available to address any issues and answer any questions you may have. AFTERMARKET SERVICES: Our team provides a full range of after market services and is able to provide you with direction and recommendations in the following areas: Legal assistance in terms of expediting the process of title search. Property deed acquisition and registration of property with the appropriate authorities, ensuring that you are charged the fair market rate/value for these services. Effective Mortgage Services Honest, dependable and affordable legal services (offered in Spanish, French and English). Property Maintenance & Management for your investment properties. Leasing arrangements for both short and long-term rental leases. Pool and landscaping design partners. Interior decorating and design services. OUR COMMITMENT: As our name suggests and as our Vision Statement commits, our Clients are our #1 priority. Our real estate firm does not simply sell real estate. We give 111% to providing our Clients with the best possible service in the Panama real estate market to meet their individual needs. Many of our new Clients are directed to us based on word of mouth recommendations from happy and satisfied Clients. So, if you are considering new real estate acquisition in Panama or if you are considering resale or rental services we will be happy to assist you. Please contact us at: PREMIER REALTY PANAMA S. A. Avenida Roberto Eisenmann, Coronado, Panamá, Rep. de Panamá. You can reach us at [hidden information] and at [hidden information] (mobile) in Panama, or at [hidden information] in the USA, and at [hidden information] in Canada.
Last updated
April 7, 2023
First listed
Mar 23, 2023
Agent licence
#PJ-0856-11
Call

Start phone call with:

Hello, I’m calling for the property with the reference 12660218, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.