M2 of construction: 450m2/4843.76ft2
Lot size: 850 m2/9149.32ft2
This good investment with a strong profitability, consists of a property of 4 units or apartments. The property has 4 beautiful independent apartments (or casitas) to rent next to each other on a plot of approximately 850 m2. It is important to mention that the property has been renovated and very well maintained for years, in such a way that it has been kept in very good condition to give it a good value in today’s market. This place of peace and tranquility will give you a very good return on your investment (approximately $1,800-$2,000 per month). All apartments are rented furnished and the rental price includes water, cable and internet, and a fixed amount of electricity. At this time all the apartments are occupied.
The casitas are connected to each other by a beautiful patio at the back of the building where tenants can enjoy the barbecue area, etc. In addition, each one has been adorned with plants and has its own private terrace and 1 parking space. Additional parking spaces are also available in the backyard.
Each unit also has its own laundry room, ceiling fans throughout and air conditioning in every room, separate gas tank and hot water heater for each unit, plus individual electricity meter. The property has municipal water with 2 additional large water storage tanks of 800 gallons each (400 gallons available for each apartment), tenants will never run out of water!
The units or casitas vary in size and are organized as follows:
Unit 1 – 3 bedroom apartment (130 m2): 1 large master bedroom with view of the backyard, 2 other bedrooms, 2 bathrooms, a large eat-in kitchen with lots of cabinets; granite counters and island, a large living room that faces the main entrance, 1 laundry.
Unit 2 – 3-bedroom apartment (140 m2): 1 master bedroom with a view of the backyard, 2 other bedrooms, 2 bathrooms, a large open kitchen with a living room and a laundry space with a washing center.
Unit 3 – 2-bedroom apartment (90 m2): 2 bedrooms, 1 bathroom, open kitchen with living room, plus laundry.
Unit 4 – 1 bedroom apartment (90 m2): 1 large master bedroom, 2 bathrooms, kitchen and dining room, plus another room that serves as laundry and a large private terrace in the backyard.
This property is very well located and convenient for renters who do not have a car, located directly in the center of Bejuco, close to the bus stations, next to the Health Center and a 2-minute walk from the bus stop and the The pan-american highway.
Bejuco is a district of Chame in the province of Panama Oeste, Republic of Panama. This typical locality has about 6,000 inhabitants. There are some shops, supermarkets and convenience stores directly in Bejuco, noting the fruit and vegetable markets. To find even more, you have a 15-minute drive to Coronado’s various multiple services. If you can’t find it in Coronado, the great city of Panama is only 50 minutes from Bejuco.
Technical Benefits: Telephone Line, Lighting, Broadband Internet, Cable TV, Reserve Tank