{"id":182354,"date":"2025-11-16T02:00:43","date_gmt":"2025-11-16T02:00:43","guid":{"rendered":"https:\/\/expat-tations.com\/real-estate\/panama\/property\/income-producing-oceanfront-apartment-building\/"},"modified":"2025-11-16T02:00:43","modified_gmt":"2025-11-16T02:00:43","slug":"income-producing-oceanfront-apartment-building","status":"publish","type":"property","link":"https:\/\/expat-tations.com\/real-estate\/panama\/property\/income-producing-oceanfront-apartment-building\/","title":{"rendered":"Income Producing Oceanfront Apartment Building"},"content":{"rendered":"<p>Prime Oceanfront Investment Near Playa Venao Discover a rare opportunity to own a fully leased oceanfront apartment building just 10 minutes from Playa Venao, one of Panama\u2019s most vibrant coastal destinations. Located in the peaceful town of El Ciruelo, this solidly built 6-unit complex offers stable, long-term rental income and strong growth potential \u2014 making it ideal for investors seeking a turnkey, income-generating property with future upside. Property Overview 6 Apartments Total (2 per floor, across 3 stories) Each Unit: 2 Bedrooms, 2 Bathrooms, Open Living Area &#038; Kitchen All Units Feature: Ocean and tropical jungle views Current Rental Income: $4,000\/month from long-term tenants Occupancy: Fully rented \u2013 tenants working in Playa Venao\u2019s tourism and service industries. Investment Highlights Immediate Cash Flow: All six units under long-term lease agreements Prime Coastal Location: 10 minutes from Playa Venao\u2019s restaurants, surf, and nightlife Low Vacancy Risk: High rental demand from Playa Venao professionals and expats Strong ROI Potential: Upgrading kitchens, interiors, and finishes could significantly boost returns Versatile Asset: Perfect for passive investors, retirees, or operators seeking short-term rental conversion opportunities. Condition &#038; Improvement Opportunities This property offers excellent structural integrity and was built with durability in mind, but like all coastal properties, it benefits from regular maintenance. Recommended ongoing improvements include: Exterior maintenance and corrosion prevention Kitchen and interior modernizations to increase rental appeal Preventive treatment for humidity and salt exposure<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prime Oceanfront Investment Near Playa Venao Discover a rare opportunity to own a fully leased oceanfront apartment building just 10 minutes from Playa Venao, one of Panama\u2019s most vibrant coastal destinations. 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