Bathrooms
43 bathrooms
43-Unit Multifamily Building for Sale in Bella Vista
A 43-apartment income property in central Bella Vista
Bella Vista, Panamá
Active
$3,250,000
USD$1,552 / m²
- 43Bed
- 43Bath
- 2,094 m²22,540 ft²
Overview
This 43-apartment multifamily building brings scale, existing rental income and repositioning potential to Bella Vista. Offered for $3,250,000, the property is reported to be 90% occupied, with a current rent roll of $22,060 per month. Its 2,094 m² total area sits on a 672 m² lot, and the building dates to 1980. The property comprises 43 identical one-bedroom apartments, described as fully furnished and serviced while rented. A ground-floor retail space can be divided or repurposed, and common areas may offer opportunities for additional income. The elevator is new and under warranty. The rooftop may support further construction, subject to the applicable approvals. Bella Vista places the property near government offices and the municipal center, with National Hospital and a Metro stop reported two blocks away and the ocean four blocks away. The surrounding area includes schools and universities, restaurants, bars, nightclubs and 24-hour supermarkets. Nearby urban improvements are described as including two new parks and underground parking. Explore the property's rental profile and redevelopment potential with your investment team.
In Short
The Bella Vista multifamily building is offered for $3,250,000 and contains 43 identical one-bedroom apartments. It is reported to be 90% occupied, with a current rent roll of $22,060 per month. The building has a 2,094 m² total area, a 672 m² lot, ground-floor retail space and a new elevator under warranty.
Before You Decide
- Evaluate the stated rent roll against a current unit-by-unit rent schedule and operating expenses.
- Confirm the building's zoning, title and the approvals required for rooftop construction.
- Establish the number of parking spaces and the terms for transfer of furnishings.
Highlights
- 43 identical one-bedroom apartments
- 2,094 m² total area on a 672 m² lot
- Reported 90% occupancy and $22,060 monthly rent roll
- Apartments described as furnished and serviced while rented
- Ground-floor retail space with division or repurposing potential
- New elevator under warranty
- Potential to adapt common areas for income-generating uses
- Near National Hospital, a Metro stop, schools, universities and Bella Vista dining
At a Glance
- Status
- For sale; reported available
- Asking price
- $3,250,000
- Price per m²
- $1,552.05/m²
- Apartments
- 43 one-bedroom apartments
- Bathrooms
- 43 total
- Total area
- 2,094 m²
- Lot area
- 672 m²
- Furnishing
- Apartments described as furnished
- Year built
- 1980
- Building
- Unnamed multifamily building
- Neighborhood
- Bella Vista
- City
- Panama City
- Monthly rent roll
- $22,060 reported
- Listing ID
- CNV-PROP-017599
Key Facts
- Category
- Mixed Use
- Property type
- House
- Unit type
- House Villa
- New or resale
- Resale
- Listed
- 3 October 2026
- Last updated
- 15 October 2026
Gallery
10 photographs of this residence.
Room by Room
Composed from this unit's own specification, not a template.
Explore House
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
- 43
- Full baths
- 43
- Total
- 2,094 m² · 22,540 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $3,250,000
- Price per m²
- $1,552 / m²
- Cash to close (est.)
- $975,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $975,000
- Loan amount
- $2,275,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$14,008
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 equates to approximately $1,552.05 per m² using the 2,094 m² total-area figure.
- The reported rent roll annualizes to $264,720, or an indicative gross yield of approximately 8.15% against the asking price before expenses.
Value Comparison
Asking price per m², against the building, the sector and the country.
House$1,552 / m²
Bella Vista average$2,801 / m²
Panama average$4,306 / m²
Asking 45% below the Bella Vista average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
The 43-apartment Bella Vista property is offered at $3,250,000, with a reported current rent roll of $22,060 per month and 90% occupancy. That rent roll equates to an indicative gross yield of 8.15% before expenses, calculated against the asking price.
- 8.2%
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Estimated market rent $22,060/mo.
The common areas may offer potential for income-generating uses; the ground-floor retail space may be divided or repurposed; the rooftop may support additional construction subject to applicable approvals.
Price History
- Listed · October 2026$3,250,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Bella Vista
Bella Vista, Panamá
Multifamily building for sale in Bella Vista
Bella Vista, Panamá
Positions are schematic, spaced by travel distance.
Get directionsBella Vista on Casanova today
- Active sale listings
- 519
- Active rentals
- 0
- Median asking price per m²
- $2,593
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
How many apartments are in the Bella Vista building?
The building contains 43 identical one-bedroom apartments.
What is the asking price?
The asking price is $3,250,000 USD.
What is the reported monthly rent roll?
The current rent roll is reported at $22,060 per month.
What is the reported occupancy?
The property is reported to be 90% occupied.
Is the building furnished?
The apartments are described as fully furnished and serviced while rented.
How many apartments are included?
The property contains 43 identical one-bedroom apartments.
What rent and occupancy are reported?
The reported monthly rent roll is $22,060 and reported occupancy is 90%.
What is the building's total area and lot size?
The property has 2,094 m² of total area on a 672 m² lot.
What is the reported year built?
The reported year built is 1980.
What features are noted for the building?
The building has a ground-floor retail space, a new elevator under warranty, common areas with potential for income-generating uses and a rooftop described as having potential for additional construction.
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Interested in 43-Unit Multifamily Building for Sale in Bella Vista?
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