🇵🇦 Panama City, Panama · In underwriting
Marbella Bayfront Tower
Condo-hotel · 1 bed · 1 bath · 72 m² · Condo-hotel programme by Bayfront Suites Operations
Purchase price
$196K
Est. ADR
$108
Est. occupancy
68%
Est. cash yield
5.2%
LullaScore
out of 100
Weighted across eight factors. Screening tool built on demo estimates — not investment advice.


Highlights
- —Tourism-zoned tower
- —Bay and skyline views
- —Established rental pool
AI Investment Analysis
Demo analysisThis property scores 82/100 on the LullaScore framework. It demonstrates attractive hospitality fundamentals in Panama City, Panama, led by currency risk and management infrastructure, with condo-hotel programme already in place through Bayfront Suites Operations. Primary risks to monitor are acquisition value and portfolio diversification. This is an illustrative analysis of demo data and is not investment advice.
Estimated nightly rate and demand strength relative to acquisition basis.
Estimated price per square metre against comparable inventory in the market.
Estimated visitor volume, seasonality spread and length-of-stay patterns.
Local short-term rental rules, licensing friction and building-level permissions.
Availability and depth of professional onsite or local management.
Exposure to local currency movement and repatriation friction.
Estimated ease and timeline of a future resale in the local market.
Contribution to geographic and demand-driver diversification.
Financial underwriting
Live underwriting model
Adjust any input and every figure, chart and scenario below recalculates.
Assumptions
Acquisition
- Purchase price
- $196,000
- Closing costs (4.5%)
- $8,820
- Furniture / setup
- $12,240
- Total acquisition cost
- $217,060
Revenue
- ADR
- $108
- Occupancy
- 68%
- Available nights
- 340
- Booked nights
- 231
- Est. annual gross revenue
- $24,970
Operating expenses
- Management fee
- $5,493
- Platform / booking fees
- $874
- HOA
- $2,520
- Utilities
- $1,296
- Maintenance reserve
- $1,248
- Insurance
- $1,176
- Property taxes
- $1,078
- Total operating expenses
- $13,686
Estimated NOI
$11,284
NOI margin
45.2%
Est. cap rate
5.8%
Est. cash yield
5.2%
Scenarios
| Case | Gross revenue | NOI | Cap rate | Cash yield |
|---|---|---|---|---|
| Downside case | $19,768 | $7,520 | 3.8% | 3.5% |
| Base case | $24,970 | $11,284 | 5.8% | 5.2% |
| Upside case | $30,773 | $15,548 | 7.9% | 7.2% |
Monthly revenue vs expenses
5-year projected cash flow
| Year 1 | $24,970 | $11,284 | 5.2% |
| Year 2 | $25,844 | $11,775 | 5.4% |
| Year 3 | $26,748 | $12,285 | 5.7% |
| Year 4 | $27,684 | $12,816 | 5.9% |
| Year 5 | $28,653 | $13,369 | 6.2% |
LullaStay is currently a demonstration platform. Information presented on this website is for informational purposes only and does not constitute an offer to sell or solicitation to purchase securities. Investment projections and property data displayed in the MVP may contain illustrative or simulated information.
Market context
🇵🇦 Panama City, Panama
Panama pairs a dollarised economy with genuine condo-hotel infrastructure and hub air connectivity, producing the deepest professional management pool in the demo portfolio.
