Income Producing Property Panama Boutique Hotel For Sale

Price
$1,290,000
Price/M²
$215.00
Rooms
8
Bathrooms
8

Income Producing Property Panama Boutique Hotel For Sale

Category

Sale

Published

23/02/2024

Location

Playa Coronado

Price

$1,290,000

Price/M²

$215.00

Lot Size in m²

1462

Benefits

#f_appliances#
Near School
Near Transit
Ocean View
Ocean Waterfront
Electrïcity
Easy Acces

Property

This beautiful property sits on Playa Corona and has a total of 7 individual rooms located on a lot measuring 1,462m2.
Large windows with amazing views of a long stretch of beach, every room is a winner. The building has a spiral staircase leading up to the floors and a rooftop terrace.

Current income is around $9,000/month and the property is tax exonerated thru 2032.
Each room comes with a full kitchen and is perfect for extended stays. The property also comes with a spacious reception hall which may easily be changed into a full-service restaurant or additional hotel rooms.

Playa Corona
About 15 minutes past Coronado along the Interamerican Highway, Playa Corona is a small beach town known for its long stretches of sandy beaches and beautiful water. This is a very safe area where many of Panama’s upper-class call home during the weekend.

Panama Equity was founded in 2007 and is dedicated to delivering a professional real estate experience. We currently have 300+ properties for sale, many of which feature videos and geographic locations on our website. Visit us today at com.

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