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Property for Sale » Panama » Panama » Panama » Via Porras

11% ROI on 12 month lease in Panama

Residential Income Property (Condo / Townhouse)

Listing Expired over 2 years ago

List Price:

$120,000

XXXX Porras, Across from Pricemart
Panama, Panama 00000 Get Map


Posted April 18, 2009



Description:

0 property taxes for 14 years, building dues are $85/month. This is a fully furnished two bedroom condo with balcony, remodeled kitchen, and ocean views. The owner has just signed a tenant for $1150/month, so this is a turn-key rental situation. No Brainer: Safe area, convenient to all services, excellent price point.

Even if rent falls to an unheard of $700/month, you’re still looking at solid returns.

I can help you get financing. Expand your portfolio and think Emerging Market: Latin America!