P.H. Monte Carlo Suites: Mixed-Use Building for Sale El Cangrejo
A substantial mixed-use investment in El Cangrejo
El Cangrejo, Panamá
Active
$7,000,000
USD$2,288 / m²
- 3,060 m²Built area
- 30Bed
- 10Bath
- 15Parking
Overview
P.H. Monte Carlo Suites brings residential and commercial uses together in a seven-level property in El Cangrejo. With 3,060 m² of construction area, it offers an investor a sizeable, multi-use asset in Bella Vista, Panama City. The residential mix includes 30 apartments and one exclusive penthouse. At street level, the building also has three commercial premises and one office. Fifteen parking spaces serve the property. Its reported rental profile is 100% occupancy and $25,000 in monthly income, giving buyers concrete figures to review as they assess the building’s income potential. Located in El Cangrejo, this property combines residential units, retail space and office use within one acquisition. The combination creates a broad asset mix rather than a single-purpose building. Explore P.H. Monte Carlo Suites as a large-scale mixed-use property in central Panama City, and contact Casanova Realty to discuss the property details and arrange a conversation about the opportunity.
In Short
P.H. Monte Carlo Suites is offered for sale at $7,000,000. The seven-level mixed-use building in El Cangrejo has 3,060 m² of construction area and includes 30 apartments, one penthouse, three commercial premises, one office and 15 parking spaces. Reported monthly rental income is $25,000, with reported occupancy of 100%.
Before You Decide
- The $7,000,000 asking price equates to approximately $2,287.58 per m² using the 3,060 m² construction area.
- The reported $25,000 monthly income implies a 4.29% gross annual yield before expenses.
- A current rent roll and lease documentation would help buyers evaluate reported occupancy and income.
Highlights
- Mixed-use residential and commercial building in El Cangrejo
- 3,060 m² of construction area
- Seven levels
- 30 apartments plus one exclusive penthouse
- Three commercial premises and one office
- 15 parking spaces
- Reported 100% occupancy
- Reported monthly rental income of $25,000
At a Glance
- Status
- Active for sale
- Asking price
- $7,000,000
- Building configuration
- 30 apartments + 1 penthouse
- Commercial spaces
- 3 premises + 1 office
- Levels
- 7
- Parking
- 15 spaces
- Reported monthly rental income
- $25,000
- Reported occupancy
- 100%
- Building
- P.H. Monte Carlo Suites
- Neighborhood
- El Cangrejo
- City
- Panama City
- Listing ID
- CNV-PROP-043884
Key Facts
- Category
- Mixed Use
- Property type
- Entire Building
- Unit type
- Building Entire
- Listed
- 4 October 2026
- Last updated
- 4 October 2026
Gallery
19 photographs of this residence.
What's Included
Everything that stays with the residence.
- 15 parking spaces
Explore Building
Take a closer look before you travel.
No video on file for this unit yet. We can walk you through it live over WhatsApp — most buyers outside Panama start that way.
Features & Finishes
Layout
- Bedrooms
- 30
- Full baths
- 10
- Total
- 3,060 m² · 32,938 ft²
Parking & Storage
- Spaces
- 15
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $7,000,000
- Price per m²
- $2,288 / m²
- Cash to close (est.)
- $2,100,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $2,100,000
- Loan amount
- $4,900,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$30,170
Principal and interest only
An illustration, not an offer. Panamanian banks lend up to about 70% to residents and 50–60% to non-residents; your rate depends on the bank, the term and your file.
Monthly Carrying Cost
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
How It Compares
- The asking price is approximately $2,287.58 per m², calculated from the $7,000,000 price and 3,060 m² construction area.
- The building combines residential apartments and a penthouse with retail premises and office space.
Value Comparison
Asking price per m², against the building, the sector and the country.
Building$2,288 / m²
El Cangrejo average$2,239 / m²
Panama average$4,306 / m²
Asking 2% above the El Cangrejo average — worth understanding what justifies it before you offer.
Investment Case
At the $7,000,000 asking price, $25,000 in monthly rental income equates to an indicative gross annual yield of 4.29% before expenses. The reported occupancy is 100%.
- 4.3%
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · October 2026$7,000,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in El Cangrejo
Bella Vista, Panamá
P.H. Monte Carlo Suites
El Cangrejo, Panamá
Positions are schematic, spaced by travel distance.
Get directionsEl Cangrejo on Casanova today
- Active sale listings
- 249
- Active rentals
- 0
- Median asking price per m²
- $2,071
Getting Around
Bella Vista, Panamá, Panamá · Panama City
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
What is the asking price for P.H. Monte Carlo Suites?
The asking price is $7,000,000.
How large is the building?
P.H. Monte Carlo Suites has 3,060 m² of construction area.
How many residential units and commercial spaces does it have?
The building has 30 apartments and one penthouse, plus three commercial premises and one office.
How many parking spaces are included?
The property has 15 parking spaces.
What rental income and occupancy are reported?
The reported figures are $25,000 in monthly rental income and 100% occupancy.
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Interested in P.H. Monte Carlo Suites: Mixed-Use Building for Sale?
Speak to our team — viewings in person or by video, usually within 48 hours.