Building for Sale in Santa Ana: 1,365 m² of Construction and 474 m² of Land

Description

Location: Santa Ana, Panama City
Land area: 474 m²
Construction area: 1,365 m²
Property features:
• 3-story building
• Currently set up for hotel use or studio apartments for an Airbnb-style business.
• 41 rooms
• Internal circulation areas and common spaces
• Service areas
• Existing layout featuring rooms across the various levels
• Potential for remodeling and redevelopment
• Possibility of developing an upscale hotel or residential project
• Opportunity for investors and developers interested in an asset with transformation and repositioning potential

Area features:
• Located in Santa Ana, a historic district of Panama City
• Neighborhood undergoing urban revitalization
• Proximity to residential, cultural, and mixed-use projects
• The area is part of initiatives such as "La Quince" and the Creative District, focused on building restoration and the introduction of new residential, cultural, and commercial spaces
• Potential for projects centered on accommodation, tourism, and residential development

Sale price: $1,200,000
Price per m² of construction: $879/m²
Price per m² of land: $2,532/m²