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Generation Tower

  • US $220,400
Sale
Costa del Este, Juan Díaz, Distrito Panamá, Panamá, Panama

Generation Tower

Costa del Este, Juan Díaz, Distrito Panamá, Panamá, Panama
  • US $220,400

Overview

Property ID: 592
  • Apartment
  • Property Type
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 1
  • Garage
  • 58
  • Metropolitan
  • Lifestyles

Description

Invest with 9% returns in one of the best areas of Panama

¿Why Generation Tower?

Generation Tower is a unique and innovative concept in Panama’s most premium location, East Coast, just steps from the exclusive Town Center Mall and the Pacific Health Hospital subsidiary of the renowned John Hopkins Hospital The property will have commercial licenses that will allow short stays AIRBNB style as it has commercial tourist license, but it has the flexibility to be used for long-term rent or personal housing. An ideal place for tourists, executives, conferences and people looking for a permanent residence with all the benefits of an active community. If your interest is for investment the tower will have In house property management that will take care of the incoming and outgoing tenants short term and control inventories and maintenance of the unit.

Property management managed by Bern companies with more than 20 years in the hotel and tourism industry, has 6 hotels and 6 resorts in Panama. The calculated returns will be 9% annually and I attach the profitability table for reference. 2 models of apartments of 53m2 and 58m2. Apartments have: 1 Room 1 Bathroom 1 parking The apartment is delivered fully furnished and equipped

Sale starting: $220,000. Date 2026

¿Why Airbnb?

The short-income model has been shown to generate, when investing in the right product and in the right location, double what is generated by long-term rents. Competitive advantages in the Panamanian market Did you know that in Panama City “legally” you cannot rent residential properties for less than 45 days? Does it happen? Yes, but in a clandestine way which makes it more risky for the investor since in case of any problem can not be legally claimed. Why the East Coast? East Coast is one of the areas in Panama that has generated year after year more surplus value than 80% other areas of Panama.

East Coast consists of 300ha planned with first world standards.

• Second financial center of the country

• Favorite place for multinationals at present there are about 170 multinationals in Panama.

• Being the second Financial Center and the headquarters for many of the most important multinationals in the country, currently only has 1 hotel which always has an occupancy above 90%

Payment Method:

10% to signature: $22,000

10% at 12 months of signature

10% at 24 months of signature

70% when unit is delivered- with occupancy permit

  • Zone Costa del Este
  • Province Panama
  • Property Generation Tower
  • Country Panamá

Details

Updated on December 7, 2022 at 3:16 pm
  • Property ID: 592
  • Price: US $220,400
  • Property Size: 58 m²
  • Bedroom: 1
  • Bathroom: 1
  • Garage: 1
  • Property Type: Apartment
  • Property Status: Sale
  • Lifestyles: Metropolitan
  • Construction type: Secondary market

Features

  • Air Conditioning
  • Furnished
  • Social area
  • Swimming Pool
  • White line

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