FOR SALE $798,500 - Hotel
This beautiful resort community property (1.55 hectares / 3.82 acres), in one of the loveliest areas of Panama, includes a main house, 4 well-equipped “casitas” (little homes) and recreational facilities overlooking Volcan Baru (Panama’s highest peak), the Concha river canyon, the Jaramillo mountains and the Pacific coast. Situated just a few miles south of Boquete, the setting is breathtaking. Serene natural beauty, abundant wildlife, perfect climate – this property has it all.
The main house (246 m2 / 2648 sq. ft.) with an attached two space carport, features a spacious living room, large kitchen, three large bedrooms including a 32’x20′ (60 m2) master bedroom, as well as three baths. The four casitas on the property, each one 60 m2, regularly generate income and all have fully equipped kitchens, including frost-free refrigerators, gas stoves and microwaves; queen size beds with orthopedic mattresses, sofa beds and large bathrooms with hot water showers. All the casitas are handicapped accessible. Recreational facilities include a 12 m x 6 m solar heated swimming pool, a full size volleyball court, a well-equipped indoor gym and lovely trails for running and hiking.
The resort is just minutes from the beautiful mountain town of Boquete. With a population of 19,000, (including a comfortable number of expats), Boquete has restaurants, shops, supermarkets; literally all the conveniences close at hand for you and your guests. International Living has rated Boquete one of the best places to retire in the world and Panama is #2 on their 2015 list of best countries for retirement. Chiriquí Province is only 60 km from Costa Rica and a top destination for visitors to Panama.
This is a wonderful opportunity to reside in a beautiful area of Panama, with a low cost of living, while enjoying the extra income this property can provide or as an investment as the future owner could sell the casitas separately to create a little community.