Attention Investor.
Unique opportunity. For sale the entire top floor of the JW Marriot Panama, formerly the Trump hotel, with an area of 1630m2 in Panama City, Panama
The Environment
JW Marriot has 70 floors, and is located in one of the most exclusive areas of the country, made up of 18 apartment towers, with JW Marriot Hotel & Tower being the most prolific and spectacular, on the shores of the Pacific Ocean. The hotel has A+ accommodations for its guests, and its location in the Punta Pacifica area provides quick access to the airport, shopping centers, and the city’s financial district. It is the perfect place to unite business and pleasure.
The Hotel-Building is minutes from LUXURY AVENUE MULTIPLAZA PACIFIC where we find the most prestigious brands worldwide
In recent years, Panama City has taken important steps to become a world-class metropolis, with luxury apartments and five-star cuisine – and for travelers, with the rapid increase in hotel rooms, and major hotel chains such as JW Marriot, Starwood, Waldorf-Astoria, Westin and Hard Rock, the changes have been significant.
Another great thing about Panama is that you can find practically all the major brands within its shopping centers and, many times, the prices are cheaper than in other countries. Multiplaza Pacific is the shopping center based in Punta Pacifica, very close to the JW Marriot; a short walk or via the free shuttle offered by the JW Marriot Hotel & Tower.
The Property
The floor known as Panaviera welcomes visitors to experience the best view of the city and its majestic Panama Bay. On one side with an infinity pool we have the Pool Bar and on the other side we have the Panaviera Restaurant with panoramic views of the city and its surroundings. Inside Panaviera there are private gaming rooms like no other; distinguished and unique, located for the delight of invited players at the highest viewing point in Panama. Panaviera is not only the highest Casino in the world, it also has the highest limits south of Las Vegas in all of the Americas.
Panaviera Floor
-Pool Bar: 294m2
-Panaviera: 890m2
-Kitchen: 43m2
-Privé 1: 32m2
-Privé 2: 27m2 –
Privé 3: 27m2
Total area: 1,630m2
JW Marriot Hotel & Tower is a combination of Hotel, residential condominiums, select restaurants and bars, shops, and of course the casino.
Advantages
It is the highest floor in Panama City.
It has less m2 so its administration and basic services expenses are lower.
It is a real estate investment with a profitable business (Resto-Bar) operating. It is sold with all the equipment and furniture included in the Kitchen and Point of Sale if you are interested.
On the Panaviera floor there is currently a Resto-Bar very profitable and also rent it as an Events Center regularly leased to the JW Marriott Hotel.
It can be used for other commercial purposes such as an office floor. It could also be turned into a residential area, but this requires prior approval from the building’s Owners’ Board.