Santa Ana, Panama City · Establishment · ID #69698
Sale Price
$950,000
Built Area
700 m2
Property Details
Year Built:1902
Description
Excellent opportunity for investors, developers, and hotel operators! Commercial property for sale with a fully operational hotel and ground-floor retail spaces, located in one of Panama City's most rapidly appreciating areas, with high tourist traffic and significant heritage development. Property Layout and Features: 35 fully operational rooms (or 30, as applicable). 2 ground-floor retail spaces with direct access (ideal for a restaurant, café, or retail). The building is in good physical condition and ready for immediate occupancy. Strategically located: steps from the Cinta Costera (Coastal Strip), the Presidential Palace, main plazas, and with direct beach access. Business Potential and Profitability: Current Income: Generating approximately $7,000 per month in its current state. Growth Potential: High optimization potential for boutique hotel projects, Airbnb/Rental Residences, or gastronomic and commercial concepts. Guaranteed Appreciation: The property is priced below market value, offering an immediate profit margin on the purchase.
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