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» Home » Real Estate Projects » Preconstruction & Development » Hotel Nikki Panama City

ID: 422
$ 5,000 /m2
Under Construction

Hotel Nikki Panama City

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Panama City, Avenida Balboa

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Property Profile :
Start of Construction: November, 2007 Architect: BMA (Bodad-Miani-Anger Argentina)
Closing Dates: 2009
    Developer: Nikki Beach

Property Details :
Apartment Sizes:
  • 60 m2 / 645.84 ft2
    (Apartment Size)
Exposure: Panoramic Pacific Ocean View / Panama City View Air Conditioner: Included
Ceiling Height: 2.8 m Parking: 1 parking spaces / apartment
Appliances: Included Maintenance Fees: $ 1.50 per m2
Property Taxes: Tax exempt for 20 years
Amenities:
  • 6 Star Hotel
  • Business Center
  • Condo - Hotel
  • Gym
  • Heliport
  • Maid services
  • Ocean View
  • Restaurant
  • Security 24/7
  • Social Area
  • Spa
  • Swimming Pool

Property Description :
The Nikki Beach Hotel will be centrally located in downtown Panama City along Avenida Balboa. Units will come fully furnished with signature Nikki Beach interior design. Walk-in closets, spacious bathrooms with luxurious fixtures, flat screen TV and wireless internet, central air conditioning, and full use of Nikki Beach Hotel Services.

Rental Program Details:
The owner will be able to use his unit 1 x month (4 weeks a year) . The revenue split is 40% owner and 60% hotel operator . The Hotel Operator will cover the operations expenses with his share. The Hotel will guarantee the owner a rental revenue equal to 5% of the purchase price for the first two years of the Hotel operations.

 
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