Description

Profitable 92-Room Hotel in Prime Location in Campo Alegre, Panama City - $23,000,000

Property ID: PLS-19862

Description: This unique 92-room hotel is located in the heart of Campo Alegre, Panama City's bustling banking area. With a total construction area of 11,790 m² on a 900 m² plot, this property is an excellent investment opportunity. The hotel boasts a variety of room types, including 88 normal rooms and 4 two-story AC Loft Suites. The property also includes 3 meeting/event rooms and 4 parking floors with approximately 50 spaces. Offering an average nightly rate of $95.00, this hotel is a profitable venture in a prime location. The property will be sold for $23,000,000.00.

Features:

• Land Size: 900 m²
• Construction Size: 11,790 m²
• Total Number of Rooms: 92
• Standard Rooms: 88 (sizes between 28 and 32 m²)
• AC Loft Suites: 4 (70 m² each)
• Meeting/Event Rooms: 3 (totaling 151 m²)
• Parking: 4 levels (approximately 50 spaces)
• Average Price per Night: $95.00
• Sale Price: $23,000,000

Location: Located in Campo Alegre, a vibrant neighborhood in the heart of Panama City, this hotel is surrounded by numerous financial institutions, making it a hub of economic activity. With its central location, Campo Alegre offers easy access to the city's many amenities, including shopping centers, restaurants, and cultural attractions. Owning property in this area is an excellent opportunity for those looking to invest in Panama City's thriving real estate market.

Tags/Keywords: Hotel, For Sale, Campo Alegre, Panama City, 92-room, Investment, Property ID: PLS-19862