CASTILLO DEL LEON

Santa Clara, Rio Hato, Panama
Triangle 1 Created with Sketch. FOR SALE Triangle 1 Created with Sketch. $2,400,000 - House
C1805-011 676 m2 7 Bedrooms 7 Bathrooms 3 Parking 2018 Year Built background Layer 1 6,450 m2

Castillo Del Leon is a medieval theme luxury home, which has not yet been completed.
An artist’s rendition shows the intended appearance of the completed house.

House Details

  • Dimensions 19m X 23.3m
  • Construction 675.8 square meters
  • 1st Floor 468.9 square meters
  • 2nd Floor 206.8 square meters

First Floor

  • Living room
  • Dining room
  • Kitchen
  • Wine cellar
  • Gymnasium (could be used as another bedroom)
  • 2 Bathrooms
  • Terrace (20.3m X 5.7m)
  • Laundry room
  • External storage room

Second Floor

  • Master bedroom complete with large walk-in closet, and  6m X 6.5m terrace
  • Den (could be a bedroom)
  • TV room (could be a bedroom)
  • 2 Bathrooms one of which is a master bedroom en-suite
  • Terrace (20.3m X 5.7m)

Guest House is 341 square meters (200 on first floor, and 141 on second floor)

Ground Floor

  • 200 square meters
  • Triple garage
  • 1 Bathroom
  • 1 Storage Room

1st Floor

  • 141 square meters
  • Terrace for the two lofts
  • 2 Open lofts each with kitchen, bedroom, TV with sofa, and bathroom with shower.​

Land

  • 6450 square meters (evaluated at $1,000,000)
  • Gazebo
  • Swimming pool with three waterfalls
  • Swimming pool with large island in the middle
  • Artificial river
  • External block and parged wall is 61m X 98m.  Height of wall varies between 3m & 2.7m
  • Pump house and water reservoirs (Artesian well with a 30-50 GPM pump automatically filling two 2650 gallon water reservoirs)

 Location

  • 5 Minutes to Scarlet Martinez International airport
  • 2 minutes to Santa Clara Beach
  • Very exclusive and upscale neighbourhood

Project Options

OPTION 1 :
Buy the project as is (Project is approximately 80% completed)

Materials already purchased and on site

  • Approximately 20 ceiling fans complete with light fixtures
  • 200 LEDs (2 watts)
  • 10 doors ready to install
  • Large stock of medieval decorations (12 medieval torches, 15 swords, etc…)
  • Some medieval furnishings
  • 79 of 89 windows are already installed, and the remaining windows are on site
  • Approximately 20 custom made screens
  • 3/4″ hardwood floors for the entire house
  • Ceramic for external walls

OPTION 2

Invest in the project to see it to completion
Under the investment option

  • Estimated completion time 4-6 months
  • Guaranteed minimum return upon the sale of the property
  • Pro-rated return on possible rental pending the sale of the property

ADDITIONAL DETAILS

  • Municipal Property Tax: Once all work has been completed and occupation permit obtained, there will be no municipal property taxes to be paid for 20 years on both the land and the house.
PROPERTY MAP

OTHER PROPERTIES OF INTEREST