Condado del Rey, Panama City · Commercial Space · ID #69904
Sale Price
$219,000
Bathrooms
1
Total Area
91 m2
Parking
1
Motivated Seller
Property Details
Total Area:91 m2
Built Area:91 m2
Description
INVESTMENT OPPORTUNITY – COMMERCIAL SPACE IN CONDADO MALL
Commercial space for sale in P.H. Condado Mall, strategically located in the Condado del Rey area with excellent connectivity to major city routes.
The property features 91.65 m², functional layout suitable for office, retail, or service businesses, and includes 1 parking space, office, kitchenette, restroom, and utility room.
Sale Price: $219,000
Appraisal Value: $275,000
Difference vs. Appraisal: $56,000
HOA Maintenance: $229.13 monthly
Area: 91.65 m² (approximately 92 m²)
Price per m²: approximately $2,390
Mortgage-Free
The appraisal establishes a market value of $275,000 against the current sale price of $219,000. This represents a sale price approximately 20% below the appraised value.
Additionally, the report confirms the property is free of mortgage liens.
An excellent alternative for investors, professionals, or companies seeking to acquire a commercial asset at an attractive price in an established area of Panama City.
Price: $219,000
Contact us to schedule a viewing and learn more about this opportunity.
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