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The Via Porras property for sale as an investment location is in the district of San Francisco, Panama City.
San Francisco is a district of Panama City where its residents are of medium, medium-high, and high socioeconomic status. For this reason, in San Francisco, we find the main shopping centers of Panama City. For example, Multiplaza and Pacific Center.
In addition to the main shopping centers in the city, San Francisco is home to three of the country’s recognized clinics, such as Pacifica Salud, affiliated with John Hopkins Hospital, the Paitilla Hospital Clinic, and The Panama Clinic. Likewise, supermarket chains have a branch in San Francisco.
The Via Porras property for sale is on the perpendicular street, Calle 64 Este, San Francisco, and is built on an area of approximately 502.30 m2. The construction of the property for sale in Via Porras has 285.24 M2. divide into four apartments, each one with a bathroom and a shared kitchen.
The land uses of the property for sale, ZM4 is a mixed area with single, two-family residential, a row, and apartments, and their complementary uses, of medium density up to 1,500 people/hectare.
The property for sale has an annual income of USD$19,000 with a lower home administration fee, you have a 4% investment return (ROI). Also, the land uses permitted to build of additional apartments to increase the reliability of the investment.
After the pandemic, real estate in various city sectors recovered its rental fees and market sale value, including San Francisco. For this reason, investing in San Francisco ensures stability in your investment as a long-term investment.