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$6,950,634

Industrial in Panama - San Felipe, Panamá[PA]

Panama - San Felipe, (Panamá) Panama
002393032002 - Hotel – A Rare Investment Opportunity in the Heart of Casco Viejo - ?Boutique Art Hotel | Rooftop Bar | Ground-Floor RestaurantOwn an Icon. Earn from Day One.Welcome to Tántalo — Casco Viejo’s iconic rooftop destination, a design-award-winning hotel with themed rooms, top-ranked restaurant, and one of the most vibrant nightlife experiences in Panama.For Sale: $5.95MAnnual Net Rental Income: $480,00020-Year Leaseback Agreement7.4% First-Year Return, Increases 2.5% Annually30-Year Property Tax Exemption[Download Full Brochure][Book a Call With Us]?About the Property9-unit Boutique Art Hotel, renovated in 2010 and cosmetically upgraded in 201914,881 sq. ft. total across 5 levelsRooftop bar with 360° city views, capacity for 250 guestsGround-floor restaurant consistently ranked Top 20 on TripAdvisorArtistic suites themed by local Panamanian artistsLocated just two blocks from the Presidential Palace, and steps from Cinta CosteraUnmatched Location: Casco Viejo, Panama CityUNESCO World Heritage Site5 minutes from downtown25 minutes from Tocumen International AirportSurrounded by high foot traffic, nightlife, and cultureA top destination for both locals and international touristsSustainability & ArtTántalo is more than a hotel — it’s an immersive experience.900-plant vertical gardenReclaimed wood and eco-conscious designNo single-use plasticsIconic art in every public spaceEvents that blend music, fashion, and communityRecognized with 8 hospitality & design awardsProven Operations & LeadershipProfitable for over a decade (except during Covid)Fully staffed with experienced professionalsTántalo has long been a cultural anchor and catalyst for the Casco Viejo renaissanceInvestment SnapshotMetric ValueSelling Price $5,950,000Annual Net Rent $480,000 (2.5% yearly increase)Return Year 1 7.4%Lease Term 20 YearsProperty Tax 30-Year ExemptionTotal Area 14,881 sq. ft.Landlord only maintains structure and systems. Tenant covers all utilities, maintenance, and insurance.Let’s TalkPedro AlvaradoCo-owner & Broker – RE/MAX Lifepedro.alvarado@remax-life.com.pa+507 6670-4571 / 310-8956
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$6,950,634
Industrial in Panama - San Felipe, Panamá[PA]
Panama - San Felipe,

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