As biosecurity regulations have been relaxed in Panama, the tourism sector has been regaining strength, receiving a high volume of visitors eager to travel after a long quarantine. According to statistical data from the Panama Tourism Authority, between January and April 2022, more than 500,000 visitors were reported entering the country through various ports of entry.
According to data provided by the Comptroller’s Office, the expenses of accommodation, transportation, visits to tourist sites, and shopping in stores by this group reached 1.52 million dollars during the same period, representing an increase of 204.3% compared to the same period last year.
For the real estate sector, specifically in the rental market, these figures translate into business opportunities for those investing in apartment rental projects like LESS Albrook, which we want to tell you about next.
MORE PROFITABILITY.
LESS offers micro suites with aparthotel permits that allow you to legally list on Airbnb, one of the most widely used accommodation platforms in the world. Strategically located less than 500 meters from Albrook Airport (Marcos A. Gelabert) and in a high cultural value area, it is ideal for travelers who do not want to stay in the city and wish to be ready for adventures in destinations like Boquete, Pedasí, or San Blas in just minutes.
LESS MICROMANAGEMENT.
In addition to being located at a convenient connectivity point for visitors, the units at LESS Albrook include functional furniture, doors with electronic access, dynamic design, common recreational areas, management services, and promotional guidelines through digital communication channels to attract customers.
Another advantage is that by listing through Airbnb, payment management is more secure, you can schedule the availability of your unit, receive ratings from prospective renters, and obtain statistical data that will help you make better decisions.
In summary, LESS Albrook offers you the opportunity to increase your income in a self-manageable way in one of the most stable market sectors, real estate. If you are interested in learning more about this project, click here to have one of our Investment Advisors contact you or visit our INVESTORS section.
Fabrika Urbana. The happiness of simplicity.