FOR SALE

$ 5,950,000.00 USD

Panama - Panamá
Panama - San Felipe
Listing ID: 002393032002

??? Boutique Art Hotel | Rooftop Bar | Ground-Floor RestaurantOwn an Icon. Earn from Day One.Welcome to Tántalo — Casco Viejo’s iconic rooftop destination, a design-award-winning hotel with themed rooms, top-ranked restaurant, and one of the most vibrant nightlife experiences in Panama. ?? For Sale: $5.95M?? Annual Net Rental Income: $480,000?? 20-Year Leaseback Agreement?? 7.4% First-Year Return, Increases 2.5% Annually?? 30-Year Property Tax Exemption ?? [Download Full Brochure]?? [Book a Call With Us] ??? About the Property9-unit Boutique Art Hotel, renovated in 2010 and cosmetically upgraded in 201914,881 sq. ft. total across 5 levelsRooftop bar with 360° city views, capacity for 250 guestsGround-floor restaurant consistently ranked Top 20 on TripAdvisorArtistic suites themed by local Panamanian artistsLocated just two blocks from the Presidential Palace, and steps from Cinta C...