Urban hotel for sale in Panama

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Property Details

Property ID
24861
Status
For Sale
Location
El Cangrejo
Property Type
Hotel/B&B
Sale Price
$ 15,000,000
Year Built
1948
Built Area
11600 m2
Total Area
143550 m2
Parkings
50
Date Published
Sep 13, 2020
Updated
Aug 31, 2021
Times Viewed
193

Property Description

Urban Hotel, is strategically located in the center of the banking and financial area of Panama City. A few steps from Via EspaƱa, and a few kilometers from the famous Cinta Costera and the Casco Viejo


Near the Hotel you can find numerous and diverse restaurants, bars, banks, schools, universities and shopping centers


Hotel, located in El Cangrejo, Panama City.


The building has a total of 9 floors and an annexed paved lot for parking, with capacity for 90 cars.


Complete renovation from 2012-2013, the hotel was partially closed during this time.


From the inauguration in April 2013 we achieved the following:


A fine dining restaurant only restaurant.

Bar / Pub, Open-air beer bar.

136 new operational rooms (8 Executive Suites)

144 rooms in Total

3 Executive floors

4 banquet rooms

3 terraces

Gym area with new equipment and Business center

New plumbing, electricity, internet and energy saving system.

After 100% renovation in all the facilities, the hotel becomes a Boutique Hotel with New York and eclectic decoration, also offering haute cuisine in its restaurant and two bars with a great selection of craft beers.

SPECS

Operative System: Zeus

Reservation System: Saber Hospitality

High speed WiFi in all areas

Energy saving system in rooms

Outdoor pool

Gym with professional equipment

Common bathrooms (3 areas)

Business center

Elevators (3)

Kitchen (2)

Maintenance area

Laundry

Cold Room Area

Collaborators dining room

Warehouse Room

Seamstress Room

Electricity (new 2013)

Plumbing (new 2013)

Power Plant (new 2013)


CONSTRUCTION AREA

Land area; 4,026 mt2

Closed Area 11,600 mt2

Indoor area 215 mt2

Open Air Area 760mts

Parking Area 1,780 mt2

Total Construction Area 14,355 mt2

Property Features

  • Lift-Elevator
  • City Center
  • Energy Backup Unit
  • First owner
  • High Speed Internet
  • Concrete
  • Roof Terace
  • Barbeque pit
  • Restaurant area
  • Air Conditioning
  • Country Side
  • Swimming Pool
  • Garden
  • Modern
  • Good reachable traffic
  • Near Subway
  • Downtown

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