Income Producing Property Panama Boutique Hotel For Sale
Playa Corona, Distrito San Carlos, Panamá Oeste, Panama
For Sale
$1,190,000
Description
This beautiful property sits on Playa Corona and has a total of 6 individual rooms located on a lot measuring 820 m2.
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 that many of Panama’s upper-class call home during the weekend.
Call now for more information!
Property on Map
2 Comments
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Why We Love Rio Mar Villages!
terry d gerth
on said
Would modifying the reception hall to accommodate more space for rental units interfere with the ambiance of the place and take 5 years to cover the renovation expenses?
The building with the land can act as a security for a loan by Panamanian standards?
terry d gerth
on said
Has facility been sold?