288 m² Office for Sale in Obarrio
Leased Obarrio office with income through 2028
Obarrio, Panamá
Active
$640,000
USD$2,222 / m²
- 288 m²Floor area
- 10Parking
- 1Bath
Overview
Set in Obarrio’s corporate core, this 288 m² office offers an income-producing opportunity in one of Panama City’s established business districts. The property is currently leased, so buyers can consider an existing rental stream alongside the commercial space itself. The office has 288 m² of construction area and one bathroom. Parking is included, and the building provides indoor parking. A monthly maintenance fee of $602.82 is stated. The available details do not specify the office’s layout, finishes, floor, or furnishing, leaving room for prospective buyers to assess how the space fits their business or investment plans. The current lease brings in $3,296 per month, includes a stated 3% annual rent increase, and is reported to run through 2028. The Generali Tower description identifies 24/7 security, access control, and the ability to operate at any time. Obarrio’s central corporate setting places the office in Panama City’s financial center. Contact Casanova Realty to discuss the property, its existing lease, and a viewing.
In Short
The Obarrio office has 288 m² of stated construction area and one bathroom. Its current stated rent is $3,296 per month, with a 3% annual increase and a lease term through 2028. The asking price is $640,000. The building description identifies 24/7 security, access control, indoor parking, and the ability to operate at any time.
Before You Decide
- The stated current lease provides $3,296 per month, with a 3% annual rent increase and a term reported through 2028.
- The gross yield calculates to approximately 6.18% using the stated monthly rent and asking price, before expenses.
- Confirm the parking count because the description and structured data report different numbers.
- Confirm the maintenance-fee billing period and what the fee includes.
Highlights
- 288 m² of stated construction area
- Asking price: $640,000
- Currently leased for $3,296 per month
- Lease term stated through 2028
- 3% annual rent increase stated
- One bathroom
- Parking included; the reported space count needs confirmation
- Building services include 24/7 security and access control
At a Glance
- Status
- Available for sale
- Asking price
- $640,000
- Price per m²
- $2,222.22/m²
- Bedrooms
- 1 recorded
- Bathrooms
- 1
- Area
- 288 m²
- Parking
- Included; count unconfirmed
- Maintenance fee
- $602.82; period not stated
- Property type
- Office
- Building
- Generali Tower (name to verify)
- Neighborhood
- Obarrio
- City
- Panama City
- Listing ID
- CNV-PROP-066813
Key Facts
- Category
- Commercial
- Unit type
- Commercial Office
- Listed
- 5 October 2026
- Last updated
- 5 October 2026
Best suited to investor yield.
Gallery
8 photographs of this residence.
What's Included
Everything that stays with the residence.
- 10 parking spaces
Explore Office
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
- 1
- Full baths
- 1
- Total
- 288 m² · 3,100 ft²
Parking & Storage
- Spaces
- 10
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $640,000
- Price per m²
- $2,222 / m²
- Cash to close (est.)
- $192,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $192,000
- Loan amount
- $448,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$2,758
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 $2,222.22 per m², calculated from $640,000 divided by 288 m².
- The stated gross annual rent is $39,552, calculated from $3,296 per month multiplied by 12.
Value Comparison
Asking price per m², against the building, the sector and the country.
Office$2,222 / m²
Obarrio average$2,445 / m²
Panama average$4,306 / m²
Asking 9% below the Obarrio average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
The office is currently leased for $3,296 per month under a contract stated to run through 2028, with a 3% annual rent increase. The gross yield is approximately 6.18% based on the stated rent and $640,000 asking price; this is a calculation before expenses.
- 6.2%
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · October 2026$640,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Obarrio
Bella Vista, Panamá
Obarrio on Casanova today
- Active sale listings
- 278
- Active rentals
- 0
- Median asking price per m²
- $2,124
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 the Obarrio office?
The asking price is $640,000.
How large is the office?
The office has 288 m² of stated construction area.
Is the office currently leased?
Yes. The office is currently leased for $3,296 per month under a contract stated to run through 2028.
What annual rent increase is stated in the lease?
The stated annual rent increase is 3%.
What building services are identified?
The building is described as having 24/7 security, access control, indoor parking, and the ability to operate at any time.
When does the current lease end?
The stated lease term runs through 2028; the exact end date is not specified.
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Interested in 288 m² Office for Sale in Obarrio?
Speak to our team — viewings in person or by video, usually within 48 hours.