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Avenida Balboa
11/21/2025

Business property Avenida Balboa Panama | Sale of hotel in Banking area

$16,000,000
Price
$16,000,000
Bathrooms
10
Parking
40
Location

Avenida Balboa

Published

21/11/2025

Price/m² of construction

$16,000

1000

Details

FOR SALE BUILDING THAT WORKED AS A HOTEL IN PANAMA CITY
LOCATED IN ONE OF THE MAIN AVENUES OF PANAMA CITY,

THE BUILDING (HOTEL) HAS 213 ROOMS
177 Standard approx. 33m2
18 Standard with Tub of approx. 37m2
18 Suites with 2 rooms of approx. 47m2

ADDITIONALLY 5 COMMERCIAL PREMISES

TOTAL AREA OF CONSTRUCTION 7,300MT2
LAND AREA 2,600MT2
It has fine finishes, and all the furniture, central air conditioning in perfect condition, swimming pool. gym, restaurant, bar, a spacious lobby
The property is ideal for making an apart-hotel, or renting the rooms as apartments

The best thing is the price, it is at $12,500,000, but it is valued at 26 million
GRUPO GESTIONES REAL ESTATE

0770

Grupo Gestiones Real Estate S.A

Vía Ricardo J. Alfaro, Plaza Century Tower, Piso 18, Oficina 1806 -

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