House in Albrook residential area for sale

An area where the "good life" awaits you is Albrook. Formally an air force base for the US military, this part of Panama City is now a tranquil, well landscaped sector with gorgeous homes about everywhere you look. There is plenty to do for fun & relaxation here and is truly considered to be one of the best places to live in Panama, especially if you want to live in or around Panama City.

So with all that being said, this duplex listing in the gated community of "Villas Firenze" is certainly high on our list. You'll have the comfort of 24 hour manned security to go along with all the benefits of living in this little haven of Panama City. And its good to note here that even though you feel quite isolated from the hustle bustle of the metro area you're actually only 10 - 15 minutes away from just about anything you would need to do in the city.

The duplex has a spacious living-dining room area, comfortable size kitchen, study, laundry, and storage room.

Two-level house in Albrook with:
* Two complete bathroom (first floor)
* One Visitor Bathroom in the ground floor.
* Main Bedroom with walk in closet
* Two Covered Parking spaces.
* Three air conditioner units, appliances, five fans, and all light fixtures.

Gated community, 24 hours security, social area with swimming pool, and play area for children.

Benefits: Near a School, Near Traffic, Maids Quarters, 24 hour Security, Air Conditioner, Social Area

Price $275,000.00 negotiable
Bedrooms 3
Bathrooms 2
Square Meters 161.38 (1730 sq feet)
Lot Size 219.48 (2362 sq feet)
Balcony or Terrace Yes
Swimming pool Yes
Parking 2

Key Investment Points:
- Minutes from downtown Panama City
- High resale value and demand due to low density of single-home units
- Investor-friendly landholding corporation regime and 15-year property tax regime
- 10 minute drive from commuter airport and Panama's largest shopping mall
- Recent construction
- Bank financing up to 70% possible for qualifying purchasers


Consult with your real estate agent or attorney-at-law. Prices, expected rental income and layout as provided by seller and subject to changes.

SLAM presents services before international real estate conference

Pamela Oakes, Managing Director of Street Level Asset Management (SLAM) Panama, delivered a presentation about its property management services before members of the International Real Estate Federation (FIABCI). Property management services are vital when protecting an investment in real estate.

FIABCI’s 2007 Congress of the Americas took place in Panama City 31 October – 2nd November. FIABCI is an international real estate federation of 100 real estate associations and represented by chapters in 48 countries, including FIABCI-Panama. The Congress was held at the Sheraton Panama Hotel and Convention Centre.

You can download the Powerpoint presentation from here.

Property Management Company - Hiring One

Hiring a property management company is a great idea if you have even a small apartment building. Having someone taking care of all the small details of a rental property means you'll have more time to find the next good investment. Also, trying to do it all yourself is the surest way to make your real estate investment experience a bitter one. To find a good property manager, ask the following questions.
1. Other properties they manage? It's best if they have rental properties that are similar to yours. You can also drive by their other properties to see how they are maintained.
2. The fee? They vary around the country from as low as 4% of gross rents for larger buildings, to as high as 12% for single family homes. Be sure the fee is clearly stated and understood.
3. Extra costs? Are showings extra? Do evictions cost extra (beyond the legal fees)? Any other extras?
4. Who actually handles your property? It's best if one person handles your building all the time, and has some experience. Get their name.
5. How and when is the fee collected? Will you be billed, or will it be deducted from your account directly? Monthly? Quarterly?
6. Type of advertising? Exactly how will they advertise the units and what will it typically cost you?
7. Time and cost to prepare units? What's the typical cleaning fee on a vacancy, and how long will it normally be before it's rented out again?
8. Type of accounting? Which types of reports do they send, and how often? How are accounts set up?
9. Their hours of operation? What are their business hours, and who takes weekend calls?
10. What needs owner approval? What dollar amount needs your authorization, and is this negotiable?
You should ask other questions, based on your particular needs and the particular property. Be sure to ask everything up front, and you'll have fewer misunderstandings, and a good manager. Real estate investing and being a landlord is a lot less stressful with a good property management company.
Steve Gillman has invested in real estate for years.

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Choosing property management services in Panama

If your investment in Panama is a
City condo

City home

Beach condo

Beach home

Mountain retreat

Our full service company can guarantee your investment is well taken care of without your having to fret or being involved on a day-to-day basis.

If your investment is for your permanent use, temporary use, or for leasing, we have the service you need.
For your investment we offer:
Service lots water and electrical connections (where available)

Surveying

Architectural plans

Building permits

Construction

Remodeling

Interior decorating

Landscaping

Our services are of the best available at prices that are truly the best you can find.

We also assist in seeking counsel for worker disputes and or compensation claims. Products are used as per your specifications.

Our premier program includes:

City properties
Key holding, Property management and administration, Rental management and marketing

Beach property (3 hour radius from Panama city)
Key holding, Property management and administration, Rental management and marketing

Mountain home (3 hour radius from Panama city)
Key holding, Property management and administration, Rental management and marketing

Additional services include:

Cleaning services
Laundry and cleaning

On a per need basis we also offer:
Home improvement, decoration, interior and exterior painting, swimming pool maintenance, gardening, handyman jobs, locksmith service, lamps and light fixture installation, wall fixture installation, electrical troubleshooting, air conditioning installation and maintenance.

If a service needed is not included in our list, feel free to ask for it.

Property Management by Street Level Asset Management (SLAM)

SLAM provides management, leasing and other services for investors with real estate in Panama and other countries.
For more information on how to get better returns from your properties abroad, contact Street Level Asset Management (Panama), S. de R.L.

Contact Information
Email : info @streetlevelassetmanagement.com
Tel:+507 66388707
Address : Ocean Plaza, 47th Street, Aptdo. 0831-01110
Fax +507 3406446
Panama City Panama
Google Earth coordinates 8.977084703054178,-79.52287043255014