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Multiple Uses Luxury Estate For Sale in Boca Chica, Chiriqui, Panama

Most Desirable Area, Bring Your Toothbrush

Asking Price: $1,900,000 USD

The most desirable area in the province of Chiriqui, BOCA CHICA, Panama on the Pacific coast. 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 Int'l Airport in Panama City.

A private home or lodge, B&B inn, boutique-resort, retreat.... your choice.
Sale includes:
• About 3 A. or 1.15 H. of Pacific Ocean waterfront real estate
• Highest quality construction - buildings, pool and deck, haul out ramp and dock.
• custom-built teak furnishings including all doors and cabinets, commercial equipment, appliances........ commercial license, corporation....
Inventory list is available upon request.
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 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
Develop a MARINA or expand with more guest rooms, hotel-condo, homes ... lots of room for building your dreams.
PLUS Dock extension plan and government concession in hand; for 22 boat slips
INCOME potential on dock slips is fabulous.... 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.
Income projection:
40 foot boat at $25 a foot per month = $1000 per month or $12,000 per year
22 boats @40 feet each @$25 a foot per month = $25,000 per month or $300,000 per year! All you will need to do is watch the boats bob up and down and provide a night watchman. Additional income potential for wash downs, fuel, bait, ice...............
There is also a small haul-out ramp. More income potential!
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!
For a mini resort, retreat, private home, lodge, marina....... it's READY for you!


Price: $1.9M -


About This Property

Category:
Hotels
Address:
Boca Chica
Boca Chica
Chiriqui
Panama
For Sale By:
Owner
Construction Year:
2005
Area:
n/a
Bedrooms:
8
Bathrooms:
8
Sleeps:
16
Stories:
1
Parking Spaces:
n/a



Features - Amenities

  • Ocean Waterfront
  • Terrace
  • Furnished
  • Appliances
  • Pet Friendly
  • Maid's Quarters
  • Maid's Bathroom
  • Laundry Room
  • Patio
  • Pool
  • Cable TV
  • All Custom Made Teak Cabinets, Doors And Furniture
  • Good Internet - Tower Is Close
  • An Incredible Little Corner Of Panama Paradise.


Pictures  (click to view a larger image)

Cabana..


Contact - More Information

Donna Skinner
 
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