Income-Producing Ocean-View Apartment | PH Balboa Bay | Currently Rented at $1,400/Month | $285,000. For Sale

This property has been viewed 37 times.

$ 285,000.00

2Bedrooms
3Bathrooms
115.00Sq. Mt.
Apartment/CondoSale
Description

Ocean-View Apartment for Sale | PH Balboa Bay, Bella Vista | US$285,000


A property that works equally well as a city residence or an income-producing investment.


Located in PH Balboa Bay, this fully furnished 115 m² / 1,238 sq. ft. residence combines ocean views, a flexible floor plan and one of Bella Vista’s most convenient locations—just off Avenida Balboa and the Cinta Costera.


The apartment features 2 bedrooms + den, giving you the flexibility of a home office, family room or additional guest space. The primary bedroom enjoys an ocean view, while the living area connects to a private balcony overlooking the city and Pacific.


115 m² • 2 Bedrooms + Den • 2 Bathrooms • Balcony • Ocean Views • Maid’s Room & Bathroom • Separate Laundry • Equipped Kitchen • Tandem Parking • Fully Furnished


For investors, the apartment is currently rented at US$1,400/month. The existing tenant can remain, or the property can be delivered vacant for a buyer who wants to move in.


One of its strongest ownership advantages is the exceptionally low property tax of approximately US$150 per year. Maintenance is approximately US$204/month.


PH Balboa Bay offers swimming pools, gym, social areas, children’s area, event room, visitor parking, backup generator, water reserve tank, service/freight elevators and 24/7 security, with biometric access through fingerprint and facial recognition.


The location is difficult to replicate: steps from Avenida Balboa and the Cinta Costera, directly connected to the Santo Tomás Metro area, with hospitals, supermarkets, pharmacies, restaurants and everyday services nearby.


Ideal for professionals, small families, international buyers, retirees or investors looking for a centrally located Panama City property that can generate income today and serve as a future residence.


Asking Price: US$285,000 | US$2,478/m²
Current Rent: US$1,400/month
Property Tax: approx. US$150/year
Maintenance: US$204/month


Private showings available by appointment.

listing details
  • Listing ID: 002573756080
  • Property type: Apartment/Condo
  • Contract type: For Sale
  • Price: $ 285,000.00
  • Bathrooms: 3
  • Bedrooms: 2
  • Stories/Floor: 10
  • Garage capacity: 2
  • Year built: 2017
  • Construction size: 115.00 Sq. Mt. - 1,237.85 Sq Ft.
  • Lot size: 115.00 Sq. Mt. - 1,237.85 Sq Ft.
Features
  • Furnished
  • Air conditioning
  • Home Owners Association
  • View
  • Maid quarters
  • Swimming pool
  • Gated community
  • Garage covered
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