Panama Establishments | Panama Realtor

For Sale

LAS TINAJAS RESTAURANT FOR SALE IN PANAMA CITY.

$ 1,700,000

Open to Offers

Motivated Seller

Priced to Sell

LAS TINAJAS RESTAURANT FOR SALE IN PANAMA CITY. Selling price: $1,700,000.00 The area where LAS TINAJAS Restaurant is located, corresponds to one of the sectors with more development at present, whose access is through a one-way main street, where the use of land for high density residential and commercial developments has been allowed, being adjacent to residential and commercial buildings. The property is located on East 51st Street, approximately 150 meters from Aquilino de La Guardia Avenue, and 200 meters from Nicanor de Obarrio Avenue (50th Street), which corresponds to one of the main roads of the metropolitan city, allowing quick access to different sectors of the city, such as Via España and Balboa Avenue. In its surroundings we find shopping malls such as Soho Mall and Plaza New York, as well as hotels such as Hotel Riu, The Bristol, and the property is inserted in the Banking Area. This sector has infrastructure with internal streets of reinforced concrete, sidewalks with green areas, curb and gutter, aqueduct system connected to the metropolitan network of IDAAN, pluvial system, sanitary, electrical and telephone lines. DESCRIPTION AND VALUE OF THE LAND The property is built on a globe of land of irregular shape and topography, which has been taken advantage of by the architect for the construction of the same on a slope. Likewise, it is limited by lateral walls of plastered blocks at a height of 2.00mts and it has been built on a type of soil suitable for the construction of multi-family buildings in Horizontal Property. The Mother Farm has a registered area of 800.00m². It should be noted that the value per m² indicated corresponds to the value of the same, mainly considering its location, topography, surface, use that has been given to its surroundings, availability of infrastructure, as well as the relationship between supply and demand in the sector.

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