Property is Sold $975,000 - Villas
The property has 11 individual guest rooms, 17 bathrooms and a 2 bedroom owners house and service quarters for the help. The main house was being added onto before family problems forced closure, but this construction can be completed making for a potential additional 4 bedrooms or guest rooms.
Property is exquisitely detailed and functioned as a boutique/hotel restaurant/bar until 6 years ago. Family problems forced business closure, but it is surprisingly well taken care of. Some repairs required, however, this property is unique. Mature landscaping, a chapel, bar/restaurant facility, pool and unique jacuzzi, magical areas for quiet reflection, fountains galore. Quality Brick construction throughout.
This would make a fabulous boutique hotel, church or corporate retreat or spa retreat. Plenty of water, secluded and quiet, yet close enough in to allow guests to get to the action. Great income potential for weddings and corporate events too. This property is truly one of a kind!
Price reduction to offset any repairs required. Owner will consider financing with 40% down, 8 years at 8% for qualified buyer and approved credit. Rare financing option. Detailed presentation and Return on Investment analysis available for serious inquiries.
For more information, please contact:
Lyle Burke
[email protected]
Panama Office +1 507 6834-6390
Skype lyle_01
