1,900,000
8 Beds
8 Baths
464 Sq. Meters
USD  $1,900,000
Boca Chica

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. (census 2010) The airport expansion is completed, soon receiving direct flights from the US.

A private home or lodge, B&B inn, boutique-resort…. your choice.
Sale includes:

About 2.8 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

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 dock with floating dock (for 2 boats) and permit for slip expansion (+ 20 more)
Concrete ramp for hauling boats. (space available for a “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 commerial equipment and 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 many more cabanas and/or a condo.
A Hotel/condo concept plan 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 and now the opportunity to purchase it, is yours!
For a mini resort, lodge, marina……. it’s READY for you!
Owner financing available, with substantial down.

Features – Amenities
Furnished
Appliances
Laundry Room
Pool
Terrace
Patio
Cable TV
Ocean Waterfront
2 Luxury Bedrooms
2 Luxury Cabana Bedrooms
1 Luxury Master Suite: 2 Bedrooms / 2 Bathrooms / Office
2 Bedrooms / 1 Bath Suite
Oceanfront Bar And Dining Area – Large
Internet
Direct Tv
Permit For 22 Slips!!!!!! And Concession
Vanishing Edge Swimming Pool, Slate Deck
Gourmet Kitchen
Laundry Room / Extra Refrig’s
Tile From Spain
Ice Machine
Custom Built Teak Furniture, Doors And Cabinets
All Linens And Equipment
Lush Professional Landscaping
Cement / Metal Construction 2006
And More…..
An Exquisite Property.


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   Agent
agent picture

Joyce Crabeels

+507-518-4059



   Contact Details
Name

Joyce Crabeels

Phone #

+507 345-4655 / +507 6931-1238


   Listing Details
List Price (USD) 1,900,000
Listing Type residential
Property Type multi-family
Beds 8
Baths 8
Year Built 2005
Building Size 464 Sq. Meters
Water View (Ocean Front)