Sale/Leaseback for Sale and Rent in Panama City, Panama

Unique Investment Opportunity --A Guranteed 6.5%+ Net Return

In this day of low yield high-risk investment opportunities you may be interested in a low risk long-term guaranteed net return of over 6.5%.
HOW?

Buy this 2 year old Condo from us and lease it back to us with a long-term lease.(current ages 78). You wll not need the expense of a property management firm to handle this arrangement. This allows you no periods when unit is not paying rent, thus, maintaining your net return. Plus, WE will pay ALL Condo fees, maintenance, repair, replacement and other service needs. This means WE are assuming all future inflation risks for expenses.

This is truly a hassle-free investment. When we need a plumber, we won't call you and if we have to replace a stove, we will pay for one of our choice.
YOUR ONLY JOB WILL BE TO CASH THE MONTHLY RENT CHECK.

The long-term Lease Agreement will provide that the rent will be 6.5% of the purchase price. At a purchase price of $240,000, the annual rent would be $15,600 (6.5%) or $1,300 per mo. This amount provides a NET INCOME to you that is 30% higher than what owners of 2 bedrm. units in this building are obtaining. This premium reflects the greater amenities available in this unit compared to all the other 2 bedrm. rentals in this building. ( amenities shown below)


This property is located in Bella Vista,one of the city's nicest areas. Condo is near Park, stores, banks, hospitals,restaurants,ocean and downtown area.
The Condo is 2 years old and has over 17 more years of property tax exemption remaining. We have invested over $255,000 (not including furniture) in customizing this unit to our standards and want to stay here and enjoy it.

The purchase price does not include furniture but does include 5 A/Cs, 3 fans,refrigerator,stove,DW, washer, dryer, water heater, custom lighting,custom window shades and a custom imported designer l of these items are of much higher qality than found in any of the typical rental units in this ere are also 2 roofed parking spaces. All ceilings are 9ft. high and windows provide great city views. The unit is on the 15th floor of this 30 story e bldg. has pool,sauna,gym, and meeting rms.

If we die while occupying the unit, you as the owner, will take full possesion
of all furniture and property within the unit. These have a current value of over $20,000.
This is an investment that keeps on giving.