Apartment complex for sale in Panama City, Panama

I am selling a building in Casco Viejo San Felipe, ideal for a boutique hotel, AIRNB studios Diagonal to Plaza Simón Bolivar, it is a very bright and safe area as it is close to the presidency. It is part of the axis that borders the historical heritage area. A few meters away there is free and secure public parking. The premises below can be remodeled into a cafeteria as it is a very busy area. Currently it has the following: LAND: 352.14 MT APPROX CONSTRUCTION: 1400 MT Zoning: RMHC-2 Ground floor: 6 double-height commercial premises Building # 1: 12 studio apartments each with its own bathroom Building # 2: 6 studio apartments each with its own bathroom, basement, plus double-height premises for commercial use. Building # 3: Structure enabled for 6 studio apartments with a bathroom One more floor can be made, plans must be presented to historical heritage. NOTE; Most of the apartments are furnished, air conditioning, internet, smart tv. Total projected for the future: 32 apartments Sale price 2,250,000.00 Market appraisal 2.9M Quick sale: 2.6M.

Additional Property Information:
• Bedrooms: 18
• Year of construction: 1950
• Car parking: Yes