** PRICE REDUCED FOR QUICK SALE **Single Family Home on Ocean 30 minutes from Panama City
| Province: | Panama |
|---|---|
| Area/Town: | Veracruz |
| Location: | Majagual |
| Sale Price: | $599,000 |
|---|---|
| Property Type: | Single Family House |
| Bedrooms: | 5 |
| Bathrooms: | 5 |
| Constr. Area: | 400 m2 | 4,306 sq.ft. |
| Total Area: | 3,000 m2 | 32,292 sq.ft. |
| Property ID: | 1819 |
| Times Viewed: | 9,292 |
| Status: | Active |
| Date Published: | 2012-10-01 |
| Updated: | 2012-10-01 |
Single family home on the Pacific Ocean just 30 minutes drive from down town Panama City.
The 400 m2 home consists of a master suite and bathroom on the top level and 4 additional bedrooms downstairs, along with a dining room, kitchen, split level nook/office, subterrainean room, (could be a great wine cellar) and large outdoor living/cooking area.
Throughout the home one can find nice details such as very high ceilings, exquisite tile work, murals and fine iron work.
Overlooking the Pacific Ocean is a beach entry swimming pool, with island and plenty of sitting areas.
The home is located on a dead end street, is walled and has an electric gate, detached laundry house, and covered car ports for 3 vehicles as well as ample un-covered parking.
The design and layout of the home lends itself to be used as a small bed and breakfast, as 2 of the bedrooms can be accessed directly from the parking area.
The ocean side home sits on a lot that is roughly 3000 m2, approximately 3/4s of an acre, with approximately 60 linear meters of ocean frontage. The grounds are planted with a variety of fruiting trees, including grafted mangos, citrus, coconut palm, tamarind and plantains.
The ocean front home includes tax exonnerations on the construction until 2026. Additionally it is in the name of a corporation which can be included in the sale.
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