RE/MAX DESTINY
GOLDEN DESTINY CORPORATION, S.A.
Lic PJ 1256
Description
Investment Apartment for Sale | Campo Limber | Tenant in Place | US$80,000
A practical income-producing resale opportunity near the Costa del Este corporate corridor, ideal for investors looking for a low acquisition cost, immediate rental income and straightforward value-add potential.
This 52 m² / 560 sq. ft. apartment features 2 bedrooms, 2 bathrooms and appliances, and is currently rented at US$520/month, with utilities paid separately by the tenant.
52 m² • 2 Bedrooms • 2 Bathrooms • Ground-Floor Unit • Appliances Included • Tenant in Place • HOA Only US$40/Month
The investment opportunity lies in its simplicity. The unit is already generating income, while a relatively modest refresh—fresh paint, improved lighting, selected appliance upgrades and potentially updating the A/C setup—could improve its presentation and future rental potential.
Comparable units in the building/area have been observed around US$600–650/month, making this an interesting candidate for a buy-improve-hold strategy without requiring a major renovation.
Its location near Costa del Este provides convenient access to one of Panama City’s principal corporate and employment districts, supporting demand from professionals and tenants seeking more affordable housing within reach of the area.
Asking Price: US$80,000
Current Rent: US$520/month
HOA: US$40/month
Building: 2008
Tenant currently in place
A straightforward resale investment with immediate income, low carrying costs and room to improve rental performance over time.
listing details
- Listing ID: 002573756081
- Property type: Apartment/Condo
- Contract type: For Sale
- Price: $ 80,000.00
- Bathrooms: 2
- Bedrooms: 2
- Stories/Floor: 4
- Garage capacity: 1
- Year built: 2006
- Construction size: 56.00 Sq. Mt. - 602.78 Sq Ft.
- Lot size: 56.00 Sq. Mt. - 602.78 Sq Ft.