Oceanfront home with Pool and Detached casita for sale

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Priced to Sell
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Property Details

Property ID
10173
Status
For Sale
Location
Majagual
Property Type
Single Family House
Sale Price
$ 687,000 - $ 809,900
Unit Number
5-F
Built Area
466 m2
Total Area
4026 m2
Bedrooms
3
Bathrooms
4
Parkings
8
Title Status
Property Title
Date Published
Jan 4, 2019
Updated
Feb 27, 2019
Times Viewed
1,484

Property Description

Ocean front Single Family home with Pool and Detached casita for sale. 

The property consists of 2 structures, the main house and detached casita. 

The main house is situated on 2 levels and consists of approximately 360 m2 of construction with the following features:

  • 3 bedroom, 2 of which have their own on-suite bathrooms.
  • 4 full bathrooms
  • spacious modern kitchen 
  • eat in dining room
  • laundry room and pantry area
  • large open terrace great for enjoying the tropical breezes
  • formal living area
  • den with wet bar
  • spiral stair case which leads to the master bedroom suite
  • swimming pool
  • huge ocean views throughout most of the house

The detached casita consists of:

  • 106 m2 of which 60 m2 are living space and the remainder storage... including a space large enough to house a car or boat. 
  • the living area consists of:
    • 2 bedrooms, 
    • 2 bathrooms
    • kitchen
    • living and dining area
    • covered patio

The yard consists of a total of 2797 m2 which is nearly 3/4s of an acre and is comprised of 2 adjacent lots. 

  • Lot 4F with a total 1399 m2
  • Lot 5F with a total of 1398 m2

* (Lot 3F has a total of 1229 m2.  This lot is located adjacently and can be purchased, or given with first option to purchase, if one desires more land.  It's titled, and has both ocean and street frontage. Asking 100 USD per m2 or 122,900.00.  If added to purchase, it would bring the total amount of land to just over 1 acre with 4026 m2.) 

The property is lush and planted with a large variety of both ornamental and fruiting trees including:

  • mango
  • lime
  • coconut
  • sour sop
  • cinnamon
  • coffee
  • mangostene
  • rose apple
  • water apple
  • star fruit
  • breadfruit
  • among others

The property is located in an up and coming area by the name of Majagual, just 10 minutes from Panama Pacifico which is an area with special labor and tax incentives to attract large multi-national corporations.  Currently about 200 companies are affiliated with Panama Pacifico, the most recognizable being Dell, Caterpillar and 3M. 

Also very nearby is the Veracruz Beach which has a number of paddle clubs, and over a dozen beachfront restaurants. 

The area is also benefiting directly from several large infrastructure projects that are underway and include:

  • New bridge over the Panama Canal which will also house the 3rd line of the Metro rail. 
  • New road systems, from the bridge to Arraijan which are to include 6 lanes. 
  • expansion of the airport in neighboring Panama Pacifico
  • Coastal Road connecting Veracruz to Vacamonte

Property Features

  • Appliances
  • Pet Friendly
  • Balcony/Terrace
  • Backyard/Patio
  • Storage
  • Kitchen
  • Living Room
  • Dining Room
  • Internet & Cable Ready
  • Multi Lock Door
  • Ocean View
  • Beachfront
  • Mountain View

Amenities

  • Pool Outdoors
  • Close to Shopping Centers
  • Close to Schools
  • Close to Main Roads
  • Water Reserve Tank

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