PANAMA CASA PROPERTY MANAGEMENT
PANAMA CASA is the leading asset management company in Panama.
We are a well-established exclusive property management company in Panama.
Implementing effective management concepts from the US and Panama we have built a full service property and asset management company designed to make owning offshore real estate investments hassle free. By providing management in all major sectors of real estate we can maximize the returns on well-located quality real estate investments. We provide full service management with services including bill payment, overseeing repairs and remodeling of older apartments as well as furnishing service to efficiently put your real estate investment in top condition and maximize your overall yield.
Our office is well located in downtown Panama City. We have established working relationships with many of the top realtors in Panama so are able to provide maximum exposure of your property. We also work with the embassies and a number of top relocation companies.
The PANAMA CASA management team and our longstanding network seamlessly provide all of your management needs.
PANAMA CASA provides full service property management with programs for executive short and long term rentals, vacation rentals as well as standard long-term rentals. By providing a full range of management choices we are able to maximize your returns and suit your style of investment. Location and type of apartment you invest in will affect which program best suits your needs.
Full service short-term rentals provide the optimum net returns in the primary down town banking area of Panama City. The highest end apartments are located in this desirable area of the city. The best yields in the short-term market are from one and two bedroom apartments. For clients staying extended periods these apartments can seamlessly be rolled into the long-term full service program. With apartments that serve both of these markets we maximize your return with minimal vacancy.
For apartments that are larger or out of the prime short-term area we recommend the long-term rental program. The location and desirability of each particular apartment affects the overall return.
PANAMA CASA has bill pay service, monthly cleaning services, linen service, a full service furnishing program, and can over see accomplishing everything from minor repairs to major remodeling. This opens the market of older buildings and apartments to international investors to go from an older fixer upper to a freshly remodeled and fully furnished prime rental apartment. These services make the ownership of your international real estate investments trouble free. Panama Casa will provide you with resources and all the elements for successful rental property management.
Our management fees on full service short term rentals is 20% of the gross rent. There is a one-time initial set up fee of $300 for new apartments coming into our pool.
Our management fees for full service long-term rentals is 10% of the gross rent collected. In the long-term full service rentals the client pays for the electric. All other services of short-term rentals are provided. Gross rent collected will be approximately 25% less but the net will be approximately the same. This program maximizes occupancy of the apartments and your annual returns.
The third program we have is for long-term rentals. This is often the best choice for larger apartments consisting of 3 or more bedrooms and apartments that are not located in the prime down town area. The fees for this program are the first month’s rent plus a 7% monthly management fee.
For more information on property management please visit our website or contact the Panama Casa Property Management Team:
Panama City (507) 264-5302
USA # 1 718 407 0665