Apartment for Sale on Balboa Avenue, La Gaviota Building, 176 m2

Description

Location: Balboa Avenue, Bella Vista
Building: La Gaviota
Size: 176 m2
Description:
• 3 bedrooms
• 4 full bathrooms
• Living/dining room
• Kitchen
• Laundry room
• Maid's quarters with bathroom
• Terraces
• 1 exclusive parking space
• Maintenance fee: $259.60
• Free of encumbrances: PROFESSIONAL APPRAISAL (February 2026):
• MARKET VALUE: B/.230,000.00 (full professional appraisal)
• INVESTMENT POTENTIAL:
• Estimated monthly rent: B/.1,500 - B/.1,800 (current Bella Vista market)
• Estimated annual return: 6.5% net on investment
• Guaranteed demand due to location Premium

Building and Amenities:

• Built in 1985 with substantial subsequent improvements that reduce depreciation
• Masonry building with 15 typical floors + ground floor and mezzanine
• 3 apartments per floor
• Amenities: Swimming pool, terrace bar, 24/7 security, two elevators, fire suppression system, generator, water reserve tank, concierge
• Bella Vista district, the financial and commercial heart of the city
• Zone 1ZM9 High-density area with all public services: paved roads, sewer system, street lighting, sidewalks, and electrical wiring

IDEAL FOR:

• Families seeking security, comfort, and a central location

• Professionals who value urban lifestyle and connectivity

• Investors seeking assets with proven appreciation and high rental potential

Sale Price: $230,000.00
Price per m2: $1,307.00
NOTE: Currently rented for $1,500.00 until December 2026