High End Executive Apartment for Sale in Samuel Lewis Avenue, Panama City, Panama

Absolute Rock Bottom Bargain, Owner Must Sell!!!!!

This is truly a great opportunity to purchase a fabulous apartment in the best location that Panama City has to offer. The owner has reduced the price to Rock Bottom. $41,000 less that list price!! Only two other units available in entire building. The cheapest one is two floors below this unit and is for sale for $340,00. One unit for sale two floors above this unit is priced at $356,000!

Denovo is the first Executive Residences in Panama. Located on Avienda Samuel Lewis in the heart of the Financial District and with neighbours such as Rolex, HSBC, Cartier and Ferrari. This is also where all the top hotels and restaurant are located in the City.

What makes this investment so unique is the fact that there is a an Executive Rental program for owners of the units. The optional program will rent out the unit for the owner when not in use. The rate charged will be a nightly rate in line with the upper end four and five star hotels. This allows the unit to generate finance when it empty.

The community fees for the building is $3 per sqm, which is $270 per month for this unit. The unit is located on floor 32 and has views of the sea. The unit will be completed in 3-4 months and will be delivered completed furnished down to plasma TV's. The kitchen is Italian with marble counter tops. The unit will be finished and furnished to a very high standard as the nightly rental rates will reflect five star. There is a daily cleaning service in the building with gas and cable also covered in the monthly fees.

This is a great investment and because the occupancy rates for top end hotel rooms is so high in Panama City the returns will be very significant. This is also a great purchase for a person looking for a high quality apartment in a top location to live in.