Sea Point in panama city

Name: Sales in Sea Point started!
Start: 2022-09-30T11:17:31.059383+00:00
End: 2023-12-31T23:59:59+0000
Location: Sea Point

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Project info

Object ID: 23436

Finished at	November 2020
Price, m²	From 2900$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 305.00 m²
Floors	40
Apartments	108
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

884,500$

Net profit

9,376$

Payback period

75.2 years

Avg property value increase per year

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About the project

Located in the heart of Punta Paitilla, very close to sophisticated shops, nightlife and restaurants, stands Paitilla's latest beachfront property.

With an exquisitely decorated environment and a majestic main lobby that manages to delight the most demanding tastes while welcoming you to your new home.

This residential project consists of 108 luxury units and the apartments are complemented by 5000m² of open area, focused directly on the Pacific Ocean, with unparalleled views of the rest of the city. The project will have modern sports and recreational facilities, playgrounds, a playground for children and adults, a party room, a movie theater and a lounge.