Price: 245,000 USD
This is a condo for sale with 2 bathrooms and 2 bedrooms on 116.00 m2. This property has the following features:
Gym / Spa,
Laundry Room,
Garage,
Parking.
The price of this real estate is: 245,000 USD.
Four units available, owner anxious. Make an offer - owner negotiable! Potential rental returns exceeding 20%.
In addition, you are actually getting TWO suites when you purchase a single unit. Remember that each unit available for purchase consists of two "lock-out" type suites of 58 meters (624 square feet) each, with a complete kitchenette. That's two suites for at $245,000 (or the price you negotiate - make an offer) At current market prices, it is like getting two units for the price of one.
The result is cap rates that could push 20%. In addition, Panama's tourism laws and current investment incentives mean you will pay No Property Tax on your unit for 20 years, and your rental returns are also income Tax Free.
Property Details
Location |
El Dorado, PA |
Property type |
Condo for Sale |
Number of Bedrooms |
2 |
Number of Bathrooms |
2 |
Date Posted |
2009-10-12 02:37:56 |
Last Changed |
2009-10-12 00:00:00 |
Built area |
116.00 m2 |
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