Industrial in Panama - San Felipe, Panamá[PA]

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: $5.95M?? Annual Net Rental Income: $480,000?? 20-Year Leaseback Agreement?? 7.4% First-Year Return, Increases 2.5% Annually?? 30-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 Costera?? Unmatched 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 tourists?? Sustainability & 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 awards?? Proven 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 renaissance?? Investment 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 Talk?? Pedro AlvaradoCo-owner & Broker – RE/MAX Life?? pedro.alvarado@remax-life.com.pa?? +507 6670-4571 / 310-8956