Property on Avenida Balboa with Ocean View — 443 m² | $1,105/m² | Investment Opportunity.
For Sale

$ 490,000.00

This property has been viewed 60 times.

listing details
  • Listing ID: 003244106012
  • Property type: Apartment/Condo
  • Contract type: For Sale
  • Price: $ 490,000.00
  • Listed by: RE/MAX MILLENIUM
  • Bathrooms: 6
  • Bedrooms: 6
  • Stories/Floor: 2
  • Garage capacity: 2
  • Construction size: 443.41 Sq. Mt. - 4,772.82 Sq Ft.
  • Lot size: 443.41 Sq. Mt. - 4,772.82 Sq Ft.
features
  • Air conditioning
  • View
  • Maid quarters
  • Garage covered
Description

Discover an exceptional opportunity on one of the city's most iconic avenues. The property consists of two apartments located on the top floors of P.H. Bella Vista, offered as a single unit, with areas of 227.36 m² and 216.05 m², both offering direct views of the ocean and Avenida Balboa.

Competitive Size and Price:
With a total of 443.41 m² at just $1,105 per m², this property is well below the market price in the area ($2,500 – $3,500/m²), making it a high-potential investment for appreciation.

Apartment Layout:
Each unit offers a comfortable and functional layout with 3 bedrooms, 3 bathrooms, a living room, dining area, kitchen with wooden cabinetry, family room, and laundry. The 7th floor is distinguished by its ocean-view balcony, gypsum ceiling with recessed lighting, and a master bathroom with tub/jacuzzi. The 6th floor stands out with its spacious areas and elegant granite floors, providing a sophisticated and welcoming atmosphere.

Potential for Upgrading:
Being an older construction, the property offers the opportunity to modernize and remodel the spaces to adapt them to a contemporary style. This feature represents added value for investors or buyers looking to personalize the property and significantly increase its market value.

Usage Flexibility:
- Integrate both levels to create a large-sized property.
- Keep them independent according to the buyer's strategy.

Value Factors:
- Privileged location on the front line of Avenida Balboa.
- Panoramic views of the ocean and the city.
- Ample size, uncommon in the current market.
- Highly competitive price per m².
- Potential for appreciation through upgrading or remodeling.

Do not miss this opportunity to acquire a property that combines location, spaciousness, and investment potential in one of Panama's most sought-after locations

Schedule your visit today and discover how this property can become your next project.

Map
Listings that could be of your interest