Luxurious two-bedroom apartment in La Ensenada

Price
$315,000
Price/M²
$2,625
M² of construction
120
Bedrooms
2
Bathrooms
2
Parking
2

Luxurious two-bedroom apartment in La Ensenada

Category

Sale

Published

30/01/2025

Location

San Carlos

Price

$315,000

Price/M²

$2,625

Lot Size

120

Address of Property

Ensenada Beach & Resort, San Carlos, Panamá Oeste

Maintenance Costs

274.79

Room Height

3m

Year of construction

2018

Stories

1

Balcony/Terrance

balcon

Swimming pool

yes

Type of Floor

Ceramic

Floor Number

1

Benefits

Refrigerator
Icemaker
Instant Hot Water Dispenser
Washer
Dryer
Near a School
Pet Friendly
Near Traffic
Sea View
Mountain View
Guest Parking
24 hour Security
2 or more Elevators
Laundry
Garden or Park
Kids Park
Gym
Breakfast Area
A/C
Patio
Dead End Street
Living room & Dinning room
Social Area
Walk-In Closet
Lobby
Power Generator
Jacuzzi
Bar

Property

Luxurious Two Bedroom Apartment In Ensenada
Ensenada is a beautiful beach resort community conveniently located five minutes from Coronado amenities and 1.5 – 2 hours from Panama City. It features security, private beach, beach vault restaurant, gym, games and social lounge (with pool table and table tennis), spa facilities and sports court, paddle tennis court and unique pools.

A beautiful tree-lined paved driveway takes you from the highway to the front gates in just a few relaxing minutes, setting the scene for the property.

Galeones is just a few minutes walk down a concrete path through a forest to the beach and has a pool with huts, including a main hut for social events.

The building has only five floors each.

APARTMENT: 125.82 MT2 (1,354.32 sq ft)
The 1st floor apartment in Galeones, Ensenada, has easy access to the main level, eliminating the need to use the elevator.

*Luxurious 3 bedroom apartment converted into a 2 bedroom apartment*

Conversion to a three-bedroom home can be achieved with minimal expense and construction. Enjoy the sunrise and moonrise from this luxury apartment with forest and sea views.

Located on the ocean side, it provides a quiet, protected environment where you can enjoy the sun and views from your shaded terrace.

This apartment is offered by the first owners, who purchased it “new” in 2018 – extensive remodeling and upgrades from 2018 to 2022 (see details below).

New 3M protective film on all windows with 95% UV/sun protection; This attractive safety film protects the apartment, helping with the use of cooling and air conditioning and providing UV protection to furniture, floors and protection against breakage.

New sliding window screens that allow windows to open for airflow while also protecting against insects.

Sprinkler system, smoke alarms with designed kitchen alarm and surge protection in center panel.

THE KITCHEN, recently renovated in 2022, has:
Better space utilization, added cabinets, and improved task flow.
New quartz/marble countertop features.
Unique mosaic features and borders.
New built-in stainless steel double sink and faucet.

LAUNDRY AREA:
New stainless steel sink with faucet.

NEW MASTER BEDROOM/BATH SUITE:
The apartment was remodeled from a three bedroom to a two bedroom look, with an expanded double vanity with bathroom that includes:

High-end custom cabinets and countertops.
New pipes/fittings.
Spliced walls
Storage cabinet with glass door
A feature of the glass transom

Unique details of metal tile borders:
new lights
Opaque film for shower door.

All of these features will offer long-term beauty and durability, attractive, natural beauty with easy maintenance, and open-concept shelving provides additional storage and airflow. Allows natural light into the bathroom to offset light electrical usage.

DRESSING ROOM/STORAGE ROOM:
Open shelving and open concept allow for airflow.
It can also fit into a sleek office setup with convenient electrical locations.

LIVING ROOM/PATIO:
The horizontal aspect provides a feeling of greater spaciousness, enhanced by the full-width patio.
A custom niche provides attractiveness additional utilities and storage.

SECOND BEDROOM:
Large size, with a small patio and built-in closet.

EN SUITE BATHROOM
Tile backsplash
Frosted film on shower doors.
Enhanced vanity
Fan and light with separate switches.

The luxurious two-bedroom apartment is tax exempt until 2028 and pays $25.68 for the land. Its HOA is $274.79.

Note> From an investment perspective, this beautiful and unique beachfront development located on the desirable Panamanian Riviera produces a strong rental market, attracting repeat and long-term clients (some looking for 1-year options). The low operating and overhead costs and significant rental income figures, along with the features and aspects of this apartment, provide an excellent opportunity to take advantage of this market to generate positive cash flow. Ultimately, this translates into a positive factor for future resale as well. Sounds critical for personal or investment considerations.

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