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Boquete Paradise
Location Panama
Asking Price Range $1.0M - $2.5M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2006
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Real estate broker helping to sell the property.
Description Hotel for auction on April 26, 2012 11am Central Standard time, for additional details please look at sonneco.com or call 316-838-5790
This property situated on .45 acres bordering the Chiriqui River, consists of four (4) two-story cabana buildings. The cabanas contain 11 Units that are divided into three (3) grand suites (753.5 sq ft each) and eight (8) standard rooms (365 sq. ft. each) plus a large reception/office area offering a public restroom, kitchen/cooking area and a small dining area for guests, (1) open air cabana area with outdoor cooking facility. Due to the climate this property has no heating or air conditioning.
The property has many potential uses including Corporate Retreat, Long term or short term rentals, Condo conversion, Hotel, and Fractional ownership.
Guests enjoy views from the glass enclosed balconies of each building including the majesty of the surrounding maintains with impressive presence of the over-towering Volcan Baru, the calming sounds of the Chiriqui river waterfalls, and the beauty of tastefully designed lush gardens filled with flowers attracting tropical wildlife.
Grand suites offer
- two (2) private bedrooms
- kitchen/dining area
- Private bathroom
- Grand suites can sleep up to 7 people.
This is the ideal investment opportunity and if you are an investor seeking a high-quality Boutique hotel in one of the fastest growing regions of Panama or if you are simply seeking the pleasures of the lifestyle of beautiful Boquete. This is a tranquil paradise 5 minutes from the village of boquete, Panama.
The auction is off site at 3939 N Comotara Wichita, KS on March 15th 2012 at 11 am central standard time. Online and phone bidding will be available for your convenience. There will be a 10% Buyers Premium.
Click Here To Contact Seller
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