img

Income Producing Oceanfront Apartment Building

Pedasi, Los Santos  ·  Establishment  ·  ID #51837

Sale Price
$990,000
Built Area
590 m2

Property Details

Year Built: 2000

Description

Prime Oceanfront Investment Near Playa Venao Discover a rare opportunity to own a fully leased oceanfront apartment building just 10 minutes from Playa Venao, one of Panama’s most vibrant coastal destinations. Located in the peaceful town of El Ciruelo, this solidly built 6-unit complex offers stable, long-term rental income and strong growth potential — making it ideal for investors seeking a turnkey, income-generating property with future upside. Property Overview 6 Apartments Total (2 per floor, across 3 stories) Each Unit: 2 Bedrooms, 2 Bathrooms, Open Living Area & Kitchen All Units Feature: Ocean and tropical jungle views Current Rental Income: $4,000/month from long-term tenants Occupancy: Fully rented – tenants working in Playa Venao’s tourism and service industries. Investment Highlights Immediate Cash Flow: All six units under long-term lease agreements Prime Coastal Location: 10 minutes from Playa Venao’s restaurants, surf, and nightlife Low Vacancy Risk: High rental demand from Playa Venao professionals and expats Strong ROI Potential: Upgrading kitchens, interiors, and finishes could significantly boost returns Versatile Asset: Perfect for passive investors, retirees, or operators seeking short-term rental conversion opportunities. Condition & Improvement Opportunities This property offers excellent structural integrity and was built with durability in mind, but like all coastal properties, it benefits from regular maintenance. Recommended ongoing improvements include: Exterior maintenance and corrosion prevention Kitchen and interior modernizations to increase rental appeal Preventive treatment for humidity and salt exposure
View complete description
348 days on market|17 views|Updated 14 Nov 2025

Payment Estimator

Estimated monthly payment
$0/mo
Estimate only. Actual payment depends on lender terms, taxes, and insurance.

Location

Location Show Map

Contact Info

Name MLS Acobir

Posted By

MLS Acobir

MLS Acobir

+507 ▼

Similar Properties

OPERATING BUILDING FOR SALE IN SANTA ANA
Establishment

Santa Ana

$950,000
LAND FOR SALE city center
Establishment

El Cangrejo

$1,200,000
Local with Galley in El Carmen
Establishment

El Carmen

$1,100,000
Commercial office in San Francisco USD895,000
Establishment

MLS AcobirMore properties by MLS Acobir

House for Sale in Sabanitas, Colón
Single Family House

Sabanitas

$140,000
A Spacious Tropical Home in Puerto Armuelles
Single Family House

Baru

$165,000
OCEAN VIEW APARTMENT FOR SALE, VENTANAS DEL MAR 3
Apartment

Punta Chame

$260,000
PH HARMONY for sale in the heart of SAN FRANCISCO
Apartment
img

Get New Listings Every Week

Fresh properties delivered to your inbox, every Tuesday.