Description
Contemporary piece of Panama City Real Estate – a Spacious Executive Condo on Avenida Balboa, right next to Grand Bay Tower, at a fraction of the cost!
PROPERTY DETAILS:
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LOCATION: Balboa Ave, Torres del Pacífico
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APPRAISAL VALUE: $292,500
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SALE PRICE: $250,000
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YOU SAVE: $42,500
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BEDROOMS: 2
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BATHROOMS: 2.5
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MAID’S QTRS/BATH: Yes
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FINISHED SIZE (m2): 1,937 ft2/180 m2
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SWIMMING POOL: Yes
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PARKING SPOTS: 2
The apartment is currently rented to an international corporation and reaps positive cash flow. You have the option to put in a bid that includes all the existing furniture inventory for a turn-key investment that provides rental income.
This modern condo boasts gorgeous views over the Pacific Ocean horizon across Panama Bay. You'll enjoy the peaceful environment created by the new, insulated, double-pane windows from the comfort of your living room, dining room and second bedroom.
In stark contrast to small, newer designs of 2-bedroom units on Ave. Balboa, this condo provides a generously-sized living space of 1,937 square feet.
To provide extra comfort and openness in the master bedroom, 2 of the original 3 bedrooms were joined to make one large master suite, providing additional space for a small lounge area inside the bedroom.
It is fully renovated to contemporary standards, with all the newest features including thick granite countertops in the kitchen, elegant stainless steel appliances and completely redesigned bathrooms.
Currently, the condo is elegantly outfitted with solid, modern, leather and wood furniture and quality light fixtures that make it a perfect home!
The apartment is on the 3rd floor (equivalent to the 8th floor due to the 5 levels of parking below), low enough to walk up or down the stairs if you enjoy the exercise, yet high enough to be away from the street level movement. This optimal height also provides quick access to the social area just 3 flights below, which is equipped with a refreshing pool, bar area and community room.
The building also has excellent, 24-hr security, with cameras in key areas, a friendly doorman, concierges and comfortable, large elevators that provide uninterrupted access to your unit from your 2 covered parking spots.
The apartment is strategically situated on the Cinta Costera, but unlike neighboring Grand Bay Tower ocean view units, which sit right on the edge of the busy street, this condo is tucked back far enough to be away from the hustle and bustle of the Avenue.
Being right across from the Cinta Costera means you have quick and free access to exercise! Whether you like to run, bike, rollerblade or just stroll, the Cinta Costera is a perfect urban greenbelt with a wide pedestrian/non-motorized vehicle path that runs the length of Ave Balboa. It is also fully equipped with several basketball, tennis and soccer courts.
The neighborhood is well-known for its fine dining and family restaurants, cafes, sports bars, clubs, etc., all within walking distance on Calle Uruguay, or right next door in MultiCentro Mall, which also hosts a multiplex movie theater, tons of shops, a kosher supermarket and more. You'll also be within minutes of 2 great hospitals, pharmacies, hypermarkets and yet another newer mall called Multi Plaza.
If you want to skip town, just jump on Ave Balboa and escape to the spectacular Pacific beaches only an hour on the Interamerican Highway or take off in the other direction on the Corredor Sur toward Tocumen Airport only 20 minutes away.
Call us at +507.209.6700 +507.6030.1165
or click the CONTACT tab above.
PROPERTY ID#: 101021AVCC01
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