Description
Strategically located half a block from the Chiriquí Hospital, in one of the most central and accessible areas of David, this property represents an excellent opportunity for real estate investors looking for a constant flow of passive income and a property with long-term appreciation potential.
With its 25 apartments in operation, this investment generates a monthly income of $5,000 in rentals, making it a source of immediate profitability.
Purchase options:
- Land size:
- Option 1: 2,326 m2 with 25 apartments – $1,250,000
- Option 2: 2,783 m2 with 25 apartments – $1,500,000
- The additional part of this lot includes more frontage meters and a house with 2 premises, increasing the construction area and utility of the property.
Benefits:
- Apartment features: Each apartment has 2 bedrooms and 1 bathroom.
- Immediate passive income: With apartments already for rent generating monthly income.
- Strategic location: Close to hospitals, shopping centers and main roads.
- Growth potential: The property lends itself to redesign or transformation into a larger commercial or residential project in the future.
This property is perfect for investors who want a stable investment with development opportunities in one of the most sought-after sectors of the city of David.
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