Condo Hotel Unit for Sale in Ave Samuel Lewis, Panama City, Panama

Condo Hotel Units for Sale Excellent Roi, Rental Pool Option

Denovo Executive Residences are located in same building as the Esplendor Hotel in the heart of the banking and financial area of Panama city which also houses Rauch Restaurant one of the most renowned restaurants in Panama and sister restaurant to Bogatas Number 1 rated Criterion Restautant operated by celebrity chefs the Rauch brothers.

Esplendor Hotel offers owners of Denovo Executive Residences the option to place their units in the hotel pool with renenues split 70/ 30 in favor of unit owners with nightly rates ranging from $135 to $185. With this option the owner is entitled to 28 days of use if the unit complimentary in any one calender year which can be taken in blocks of 1 to 28 nights as desired.

If owners would prefer to rent directly long term to tenants they also have the option of doing so and benefit from 100% of generated income or they may choose to use the unit for personal or family use and enjoy all the comforts of home with hotel amenities on their door step.

Currently we have 3 units avaialble for sale at a price of $325K each for individual purchase, $580 for 2 units ( discount of $70,000) and $825K for the 3 units purchased together ( discount of $150,000).

Finance can be arranged for up to 50% of purchase price wth local ller will assist in all aspects.

Panamian Visa included in sale if desired.