Bathrooms
10 bathrooms
A 71-apartment investment with room to grow
Santa Ana, Panamá
$4,200,000
USD$792 / m²
PH Tropicana brings together scale, active residential operations and future development potential in Santa Ana. The multifamily building is offered for USD 4,200,000 and comprises 71 apartments in 1-, 2- and 3-bedroom configurations. The property is described as 100% occupied, with an on-site administration office supporting day-to-day management. The building has 5,300 m² of construction on an 1,800 m² lot, plus 35 parking spaces, most of them covered. Each apartment has an individual finca and its own electric meter. Building facilities include an elevator, reserve water tank, internet service, laundry area, small social area and storage spaces. Biometric entry uses facial recognition and fingerprint access, complemented by a security camera network. PH Tropicana fronts Avenida 4 de Julio at the Santa Ana exit, with rear access via Darién and Estudiante streets. Casco Antiguo is a short distance away, and the property has direct access toward the Bridge of the Americas. Approximately 330 m² of air rights could support around 30 additional apartments, subject to permits and feasibility studies. A neighboring corner lot of approximately 700 m² may also be acquired separately. Contact Casanova Realty to discuss this multifamily property and its expansion options.
In Short
PH Tropicana is offered for USD 4,200,000. The building has 71 apartments in 1-, 2- and 3-bedroom configurations, biometric access, security cameras, an elevator, a reserve water tank, laundry and a small social area. Approximately 330 m² of air rights and a potential adjacent 700 m² lot are described as expansion opportunities.
Included in the sale. The building has an on-site administration office, a laundry area, a small social area, storage areas, and designated spaces for side advertising signs.
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10 bathrooms
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Estimated monthly payment
$18,102
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.
Total, before mortgage:$0 / month
Asking price per m², against the building, the sector and the country.
Asking 86% below the Santa Ana average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
PH Tropicana is offered at USD 4.2 million and includes 5,300 m² of construction on an 1,800 m² lot. Its 71 apartments, 35 parking spaces, individual apartment registrations, and stated expansion opportunities make it a substantial multifamily investment in Santa Ana.
Potential development of approximately 30 additional apartments using approximately 330 m² of available air rights, subject to permits and feasibility studies. A neighboring corner lot of approximately 700 m² may also be available for separate acquisition.
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Santa Ana, Panamá
Santa Ana, Panamá, Panamá · Panama City
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Same market, comparable size and price.
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