- Location: Rio Mar, Panama West, Panama
- Property Type: Single Family House - PID 338
- Bedrooms: 5
- Bathrooms: 5.5
- Built Area: 570 m2 (6,135 sq.ft.)
- Total Area: 4,019.93 m2 (43,271 sq.ft.)
- Title Status: Property Title
The house was appraised in Nov. 2012 for $775,000 and the owners are only asking $695,000, which is an exceptional value with so much land. This stunning home has panoramic views of both the Pacific Ocean and the mountains. Built in 2000, it’s roughly 300 meters from the beach, sits on over 1 acre of land, and has a swimming pool, large bohio, separate guest house and caretakers quarters. The entire home is wheel chair accessible.
The main house is situated on 1 level and consists of 3 bedrooms, each with its full bathrooms, in addition there is 1 half bathroom, 2 offices, a very large kitchen with pantry, an attic, and a large central great room with cathedral ceilings in the living room and dining room with large archways which open up to the back terrace. The ceilings are vaulted and the furniture, which is included in the sale, was customed built for the home from tropical hardwoods.
The house has beautiful finishes which include granite counters, hardwood cabinetry and furniture, large archways, vaulted ceilings, imported tiles, a very large luxurious master bathroom and master bedroom with bay windows, and beautiful landscaping.
The swimming pool and bohio area, sit off of the back terrace and boasts beautiful ocean views.
The separate guesthouse overlooks the swimming pool and sits on 1 level and has 2 bedrooms, 2 bathrooms, a living/dining room and a kitchenette.
The separate caretaker’s cottage has 2 bedrooms, 1 bathroom and living/dining room and kitchen.
The grounds are beautifully landscaped and are planted with avocado, mango, several types of citrus, papaya, guandu, cassava, coconut palms, and many herbs including basil, rosemary, dill, and cilantro.
There is an electric gate, TV security monitor and alarm. It has both well and city water. Two septic tanks. two gas water heaters, SKY TV as well as Cable Onda is available and a broadband router of 2.4 GHz. There is also a generator.
Tax exoneration until 30 December 2019.
The owners are motivated to sell and are open to price negociation.