Three-storey apartment building for sale in Calidonia

A substantial income-property opportunity in Calidonia: this three-storey building offers 1,229 m² of total area on an 890 m² lot. The asking price is $650,000, positioning the property for buyers evaluating a multi-unit residential asset in Panama City. The building contains 23 rented apartments across its three storeys. Individual apartment layouts, bedroom and bathroom counts, finishes, parking provision and furnishing details are not included in the available property particulars, so buyers can assess the units and operating records directly during due diligence. Calidonia’s central location places the property a few metres from Avenida Nacional. Its stated C1-RM3 zoning and the apartment rental profile make the building a notable proposition for an investor reviewing residential income assets. An 8% return figure is associated with the property; the calculation and supporting rent and expense records merit confirmation. Explore the opportunity and request the current rent roll, lease information and building documentation. Contact Casanova Realty to arrange a conversation about this Calidonia investment property.