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Newly Established Residential Real Estate Construction Business Seeking Loan in Panama City, Panama

Seeking investment for a 24-apartment project in Tocumen, Panama with apartment units already on sale.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Residential Real Estate Construction
Locations  Panama City
Local Time 3:47 PM America / Panama
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 700 thousand for 10.0% annual interest, 1 year (Native Currency: USD 700,000)
Reason: Seeking funding for the residential apartment project. The business can start repaying the loan fro... View More
Collateral Available: USD 0
Includes physical assets worth USD 100 thousand
Name, Phone, Email
Available after connect
Business Name
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User Verification
Business Overview
- Seeking an investment of $700,000 for the commencement of a 24-apartment project located in Tocumen, Panama, with a target completion date before October next year.
- Each apartment will be competitively priced at $70,000, some of which have already been sold, indicating proactive market engagement.
- The total project is set on an 824 square meter plot, potentially offering spacious and well-designed living accommodations.
- The company has prior experience in real estate projects, ensuring informed and strategic project execution.
- A reputable construction company is already engaged, underscoring project readiness and solid implementation capabilities.
- Open to both domestic and international investors, the project intends to implement a marketing strategy to either sell or rent out remaining units effectively.
Products & Services Overview
Offering apartment units for sale or rent.
Target clients:
- Homebuyers.
- Real estate investors.
- Renters.
Assets Overview
Physical assets include the land owned for the project.
Facilities Overview
Own land of 824 sqm owned by the business, located in Tocumen, Panama City.
Capitalization Overview
Self-funded.
No outstanding loans.
There are 2 partners in the business.
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1 Investor viewed this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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