Country Estate for Sale in Alto Quiel, Los Naranjos, Boquete, Chiriqui, Panama
898,000 USD
(Negotiable)

Country Estate for Sale in Alto Quiel, Los Naranjos, Boquete, Chiriqui, Panama

Family Compound with Six Rental Units

Asking Price: 898,000 USD
(Negotiable)
Must Sacrifice our much loved property in the desirable highlands of Boquete, Panama. The estate commands the highest point along Panama’s Ruta Agroturismo, yet, is only 12 minutes from Boquete’s thriving town center that attracts tourists and investors from around the world.

Along this scenic route one passes plantations growing some of the world’s best coffee, the Caldera River, waterfalls, the entrance to Volcan Baru National Park and the famous Quetzal Trail. Features that meet the expectations of those seeking a nature experience.

Why we are selling this property, yet alone Sacrificing it?:
At 82 and 84 years of age we depend entirely on our combined U.S. Social Security benefits. At this age our future is increasingly uncertain and for one or both of us to remain financially stable we see an Urgent Need to liquidate this asset now, to provide security in the face of any medical emergency.

Structures:
The principal construction is a 3 bedroom, 2 bath Mediterranean Style Residence of approximately 3,000 sq ft. The design sleeps 6-8 depending on your needs.

A spacious kitchen graciously serves residential needs as well as providing ease of function for a bed and breakfast or small restaurant venue. The cooking equipment is professional quality Thermador including a cooktop, built in microwave, built in oven and warming oven. A 3 basin stainless steel sink with pre-wash spray processes the dishes and large cookware effortlessly, while the Thermador dishwasher finishes the job.

The kitchen opens into a multi-function living room/dining room space and into a covered breezeway for additional seating. As a bnb, we could seat 22 inside and another 8 in the breezeway.

The 6 detached Guest Accommodations are constructed variously of tropical hardwoods, granite, tile and high tech materials. Each space has been well received by our guests and each captures views of the mountains, the Pacific Ocean and starry night skies, mature trees and gardens.

A 700 sq ft.Activity Center provides a space for guests or family to meet and greet, enjoy board games, TV, yoga and whatever arts and crafts they may enjoy. Positioned alongside a waterfall feature with a gentle cascade, the center’s veranda is a popular spot to watch the sunrise or enjoy shooting stars at night.

Disclosures:
The property has been listed at 898,000 USD.
We had 3 couples seriously interested and one formal offer.
All had terms that were unrealistic for our needs.
We seek a Cash Buyer and an Expedited Closing.
This is a unique property appealing to specific-use buyers. As such there are no market comparables.

There are no liens, encumbrances or issues with the property. It is held in a Panama Private Interest Foundation and is non-taxable.

The property is vacant, well-maintained and ready for its new owner.