Big Home, Restaurant, Rental Casita, Hostel. Great Income Potential

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Home Information

  • Price (IN USD $): $799,000.00 
  • Address: Palmira, Panama
  • For Sale/Rent?: Sale
  • Bedrooms: 5
  • Bathrooms: 4
  • City: Palmira
  • Construction Area ( Sq.Ft. ): 4200 Sq. Ft.

Property Description

This Property features a large 5 Bedroom (2 masters), 4 bath home with stunning views of the Pacific and David. It also includes a working restaurant that seats 40, a rental casita, an apartment, and a hostel. Income potential is $3,200 per month, more if you operate the restaurant. The whole property is gated and fenced. The home has a 2nd Gate.

MAIN HOUSE:
2 Floor (4000+ Square Feet)
5 Large bedrooms (2 Masters)
4 Bathrooms
1 Private office overlooking Volcan Baru
1 Studio/Library area
1 Outside patio over looking stunning views of the Pacific Ocean, David etc.
1 Outside terrace on the upper Master room with same views (both under roof)
2 Car carport under roof (straight access to house)
Big sliders/plenty of windows and lots of exterior glass (GREAT LIGHTING)

OPEN FLOOR PLAN RENTAL CASITA
One floor (600 Sq.Ft.)
Kitchen
Full bathroom
Glass exterior walls to enjoy the Rain Forest around it

HOSTAL
5 Bed space with mini bar entertainment inside the bed area
Full kitchen to be shared (spacious)
Full bathroom to be shared
Outside area to BBQ or just read and relax (under roof)

RESTAURANT
Fully Functional kitchen (up to date operational license)
Stunning Bar
Capacity for 50 people inside/25 outside

PRIVATE EFFICIENCY
Own bathroom
Bed
kitchen
Outside Fireplace over looking the Rain Forest and stunning views
To be shared by all guest. Perfect to interact and enjoy a glass of wine or beverage of choice.

Additional Information

Land Area (Sq. Mt.): 6400

Additional Features

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For Sale by Agent

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Listing Details :
Listed on : 19/10/2012
Property Id : #607

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BoqueteForSale is a fully licensed real estate agency located in downtown Boquete. We operate from the premise of finding our clients the best possible properties in Boquete and then negotiating hard on their behalf. Put our contacts and experience to work for you.

Testimonials

I have known John for over 5 years now and, aside from being excellent golfers, they are dear friends. If I ever decide to sell my house, they will be my only call. - John H.

My family and I traveled to Panama in July looking for a luxury home. We fell in love with Boquete instantly. Through their personal contacts, John was able to show us 4 amazing homes that were not listed anywhere else in Panama. See you next month! - Beth K.

My partners and I purchased a large cattle farm through BoqueteForSale earlier this year. They neogotiated hard on our behalf and we came away with what we believe to be the best investment opportunity in Panama.

- Liam R.

My husband and I purchased a villa in Valle Escondido in August. We were ready to accept the seller's counter-offer, but John insisted that we continue negotiating. We are glad we did because we saved $18,000. Thanks! - Jayne B.

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