Panama Real Estate | Panama Real Estate Investment

User:
Password:


	Forgot your Password?

[Back]

Details from Business Plan Highrise Condo Hotel

Request More Information

Send to a Friend

Print Version

Add to Favorites

Features

Code: TPSO

Location: Panama City

Category: Residence

Price: $ 1,584,000.00

Size:

990.00 m² = 10,656.28 sq.ft.

Description:

LOT FOR HIGHRISE CONDO HOTEL , OCEAN VIEW, Main Ave. , Blocks from Multi Plaza & Punta Pacifica.
LIQUIDATION SALE

RM3, C2, 990 m2 LOT
Asking Liquidation Price: $1,584,000.00
Last RM3 C2 lot in the SF Area
PACIFIC OCEAN VIEWS
Two Entrances Access Lot
Minutes from International Airport ramp exit
Financing Available with : 10% down: $158,400.00
9 months TERMS TO PAY.
74 units condo Hotel BUSINESS PLAN READY
Commission: 5% = $79,200.00 for licensed Agents

Summarized Business Plan

Acquisition Cost:	1,584,000
Total Cost:	10,429,500
Gross Sales	21,506,000
Gross Profit	10,923,900

Rental Annual Income
60% Occupancy :	$975,645.00
75% Occupancy:	1,219,556.25

Ammenities:

• 990 m2, RM3, C2 lot
• 2 Main ACCESS Entrances
• Pacific Ocean views
• Minutes from Airport & Airport exit anytime of day
• In Panama City, minutes walk to Banks, Restaurants, Business district, Malls, Hotels, convention center
• FRONT-LINE Main Artery, Main Road, Visible & Close to Everything
• Last RM3, C2 lot in area
• LIQUIDATION PRICE!
• Biz Plan: $21+ Million in condo units sales
• Hotel Rental Plan: $1,2 million per year profit at 70% occupancy
• EXCELLENT INVESTMENT OPPORTUNITY
• QUICK FLIP option: $750,000 Profit + in less than 6 months

Property Features