Commercial Space for Sale in Condado del Rey, Condado Mall

INVESTMENT OPPORTUNITY – COMMERCIAL SPACE IN CONDADO MALL

Commercial space for sale in P.H. Condado Mall, strategically located in the Condado del Rey area, with excellent connectivity to major city thoroughfares.

The property features 91.65 m² with functional layout suitable for office, retail, or service businesses, and includes 1 parking space, office, kitchenette, restroom, and utility room.

Sale Price: $219,000

Appraisal Value: $275,000

Difference vs. Appraisal: $56,000

HOA Maintenance: $229.13 monthly

Area: 91.65 m² (approximately 92 m²)

Price per m²: Approximately $2,390

Mortgage-Free

The appraisal establishes a market value of $275,000, compared to the current sale price of $219,000. This represents a sale price approximately 20% below the appraised value.

Additionally, the report confirms that the property is free of mortgage.

An excellent alternative for investors, professionals, or companies seeking to acquire a commercial asset at an attractive price in an established area of Panama City.

Price: $219,000

Contact us to schedule a viewing and learn more about this opportunity.