Bright studio apartment with ceramic tile floors, balcony, El Cangrejo Panama investment property for sale

Studio/Bedroom: Interior of one of the rental studios showing tiled floors and large window.

Building facade PH Vicky II El Cangrejo Panama with commercial ground floor and balconies

Building Exterior: Exterior view of PH Vicky II building showing balconies and shop level.

Balcony of rental guest suite with city views PH Vicky II El Cangrejo Panama

Balcony: Private balcony overlooking city - one of 5 rental units.

Income property interior bedroom with balcony access PH Vicky II El Cangrejo Panama City

Bedroom: Interior of rental apartment featuring private balcony.

Apartment Floor Conversion for Sale

Investment Multi-Unit Property PH Vicky II El Cangrejo

El Cangrejo / Via Argentina, El Cangrejo, Panama City

USD280,000

5 Bedrooms 5 Bathrooms 270.0 m² Area 1 Parking

About this Apartment Floor Conversion

Excellent investment opportunity in the heart of El Cangrejo. Entire 270m² residential floor in PH Vicky II converted into 5 separate rental studios and apartments, each with private kitchen and bathroom. Generates income from day one with current tenants. Features balconies, ceramic flooring, bright interiors, separate electric meters potential, and 1 parking space. Building with elevator, shops on ground floor. Located near Via Argentina metro, parks, diverse restaurants, and universities – perfect for student or expat rentals. Ideal for rental income diversification or conversion back to luxury floor. Built in 1986, asking $280,000 — less than $1040/m². Don’t miss this prime income-producing property with 9% ROID. For details contact Casa Nova Realty Panama.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 2Lfbt6Y.

Key Features

Full floor divided into 5 independent rental units
Good yielding income, tenants in place
Balconies with city views
Bright units with windows
Kitchen and bathroom in each suite
Ceramic tile floors throughout
Building with elevator and commercial stores
Prime location near Metro and universities
Ideal for investment with 9% ROI
One assigned parking space

Detailed Features

Kitchen

FinishCeramic countertops, basic cabinetry

RemodeledNo

Appliances

cooktop or stove

Bedrooms

Bedroom 1

balcony in some units
bright light
ceramic flooring

Bedroom 2

kitchenette
private bathroom

Bedroom 3

split layout between units

Bedroom 4

city views

Bedroom 5

ventilation and windows

Bathrooms

Bathroom 1

walk-in shower
sink
toilet

Bathroom 2

walk-in shower
sink
toilet

Bathroom 3

walk-in shower
sink
toilet

Bathroom 4

walk-in shower
sink
toilet

Bathroom 5

walk-in shower
sink
toilet

Laundry

potential space for common laundry setup

Outdoor

TerracePrivate balconies offer outdoor space with street/city views

Property Details

TypeApartment Floor Conversion

CategoryResidential Investment Property

Size270 m²

Lot Size270 m²

Bedrooms5

Bathrooms5

Parking1

FurnishedNo

Pets AllowedNo

Price/m²USD1,037.04 / m²

Listing ID2Lfbt6Y

Year Built1986

PH Vicky II Amenities

Elevator

Passenger elevator serving residential floors

Commercial ground level

Shops or offices on the first floor

Visitor parking

Limited visitor parking available on premises

Security system

Controlled building entry access

Balconies

Private balconies in residential units

Location & Nearby

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Neighborhood Highlights

In the heart of vibrant El Cangrejo residential and commercial district
Walking distance to Via Argentina Metro station
Nearby universities, language schools, cafes and nightlife
Lush tree-lined streets with a cosmopolitan feel
International dining options steps away

Nearby Landmarks

Via Argentina Metro Station (300m)
Universidad de Panama (800m)
Andres Bello Park (250m)
Restaurant Area Via Argentina (100m)
Super 99 Supermarket (500m)

*Disclaimer: Property information is deemed reliable but not guaranteed and should be independently verified. Availability, price, and details are subject to change. Measurements are approximate. Listing ID: 2Lfbt6Y. Last updated: 2025-11-07T23:59:00Z*