Beautiful waterfront B n B, with multiple income streams and financing!

Highlights:

• Wterfront
• Income opportunities

Description:

Accepting Offers for Multi-Purpose Oceanfront Property $1,395,000

The most desirable area in the province of Chiriqui, Boca Chica, Panama on the Pacific coast. Newly paved road. Located one hour from David, the closest city to Boca Chica with an airport. David is the fastest-growing city in Latin America and the second largest in Panama. The airport expansion is receiving direct flights from Tocumen International Airport in Panama City.

A large private home or lodge, B&B inn, estate ----- your choice.

Includes haul out ramp and dry storage work area!

Financing: $500K down, with excellent credit I will finance the remainder, with a 3 year balloon. Let's talk.

Sale includes:

• RESOLUTION TITLED 3 A. or 1.15 H. of Pacific Ocean waterfront real estate
• Buildings, pool and deck, haul out ramp and dock.
• custom-built teak furnishings ( negotiable). All doors and cabinets are teak. includes commercial equipment, appliances, and Panama corporation.

This property is quietly elegant and is called a “paradise found” by many guests.

It consists of: 8 bedrooms 8 bathrooms - sleeps 16.

• 2 resort guest bedrooms with terraces, (deluxe)
• 2 cabana guest bedrooms with terraces, (standard)
• 1 large suite with a master bedroom with terrace AND a guest bedroom/bath, and office with a wet bar. (superior)
• 1 suite with 2 guest bedrooms/ 1 bath (standard)
• Concrete ramp for hauling boats.
* DRY BOAT STORAGE building and cement area (space for "rack 'em and stack" facility.
• 1 Panamanian corporation

The bar/dining area has a breathtaking ocean view, overlooking lush vegetation and a vanishing edge swimming pool. The kitchen is well equipped with commercial equipment and an open design. It has had many photos taken of it by envious guests.
We've got it all, including one of THE best views in Panama! This is said over and over again by the many repeat guests.

OR

Opportunities:

1. Area needs a fuel dock. Plan and quote available upon request
2. Private fishing lodge, or retreat.

3. Expand with more guest rooms, hotel-condo, homes, lots of undeveloped property for building your dreams. Condo units will sell like hot cakes!

4. INCOME potential on marina: build dock slips. This is closest marina is in Costa Rica, getting $26 a foot with a waiting list! Costa Rica is not boat friendly: requiring a bond be posted and short cruiser permits. Panama: no bond, cruiser permits for 2 years, very reasonable price / easy process.

5. There is ample space to add many more cabanas and/or a condo.
A Hotel/condo concept plan is available for your review.

An impressive property, a must-see if you're looking to buy in Panama.

Owners built this facility with attention to detail, without a budget, with love and care, and it shows. Owners are retiring, now the opportunity to purchase it is yours!
About This Property
Boca Chica/Chiriqui, Panama
Built 2005
Area 5,400 Sq. Ft.
Bedrooms 8
Bathrooms 8
Features - Amenities
Appliances
Pet Friendly
Maid's Quarters
Maid's Bathroom
Laundry Room
Pool
Balcony
Terrace
Patio
Cable TV
Ocean View
Ocean Waterfront
All custom made teak cabinets, doors and furniture
Good internet - tower is close
An incredible little corner of Panama paradise