Profitable ocean-front resort in Boca Chica with its own dock and beach

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Property Details

Property ID
15268
Status
For Sale
Location
Boca Chica
Property Type
Hotel/B&B
Sale Price
$ 1,700,000
Year Built
2007
Built Area
2043 m2
Total Area
10000 m2
Bedrooms
9
Bathrooms
9
Parkings
9
Title Status
Property Title
Date Published
Dec 13, 2019
Updated
Jun 14, 2020
Times Viewed
2,882

Property Description

This spectacular property and boutique resort sits on an ocean-front hillside on a protected cove overlooking the Gulf of Chiriqui and the Pacific ocean.  It can be enjoyed as the renowned resort it is currently or as a wonderful family compound/retreat, family or friend timeshare, fishing lodge, yoga/wellness center and any number of other uses. 

The titled property has a pool and pool deck, a superb view of the islands in the Gulf of Chiriqui and its own private dock and beach with their full maritime concessions. It includes numerous tropical gardens, trails and has plenty of room for expansion to build additional facilities. 

  • The ground floor of the main building houses two dining areas with comfortable seating for 40 guests, a bar and lounge area plus two half bathrooms. Also the office, the large kitchen, storage and laundry area are to be found here. On the upper floor the master suite (approximately 40 meters) with a balcony with a view over the ocean with its islands has its direct access   
  • Five guest bungalows (approximately 40 meters), each with a bedroom, a large walk-in closet, bathroom, front porch overlooking the Gulf of Chiriqui and each connected to the dining and beach areas and each other via a paved stone pathway
  • Over-the-water Tiki Bar with kitchen, large rectangular bar, extensive seating and dance areas and walkway leading down to private boat dock. It is equipped with water, electricity and WiFi.
  • In addition, there are staff quarters with two rooms, which could be converted into hotel rooms, with two baths. Plus a beach deck, yoga area and swing garden, gated on-site private parking lot with capacity for nine cars. 
  • Electricity is from the grid and there is a high-end automatic generator, just in case. Two private wells provide more than enough water. 
  • The buildings are tax exempt until 2027.

The location in Boca Chica is an hour’s drive from the city of David’s shopping, dining and international airport and enables world-class fishing right off your private dock.

The owners are willing to consider financing with a large down payment. 

Property Features

  • Furnished
  • Appliances
  • Maid's Quarters
  • Maid's Bathroom
  • Laundry Room
  • Studio Room
  • Balcony/Terrace
  • Backyard/Patio
  • A/C
  • Storage
  • Kitchen
  • Office
  • Dining Room
  • Internet & Cable Ready
  • Cable TV
  • Ocean View
  • Beachfront
  • Ocean Waterfront

Amenities

  • Pool Outdoors
  • Generator
  • Visitor Parking

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