OLD HOTEL LOCATED IN SANTA CATALINA IN FRONT OF THE SEA FOR SALE.
The property measures 5179 meters titled with approximately 500 meters of sea, property totally facing the sea in the famous wave of Santa Catalina, Veraguas. Panama.
This property for many years remained in operation with one of the best hotels in the region, maintaining an annual cash flow of approximately $ 100,000 per year.
In an excellent location facing the sea, perfect for the investment of a profitable business. Currently only the structures of the old hotel remain, in which they can also be reused to improve and create a business.
It is one of the few lands in front of the surf point of Santa Catalina available. With an excellent price this property offers many options for growth, apart from that it still has a lot of area to be built. The property has its own source of water and electricity, it also has its own access from a private road to the property.
About Santa Catalina:
Santa Catalina is one of the most visited places in Panama and Central America, located on the Pacific Ocean in the Veraguas Province with one of the most popular beaches for surfing. It also has the Coiba National Park that is one of the largest marine parks in the world and it is located one hour from Santa Catalina beach. In Santa Catalina, you can also enjoy hiking, extreme sports, scuba diving, spear fishing, deep-sea sport fishing, kayaking and more. You can also enjoy the Playa Estero beach, which is only 10-15 minutes walking distance from this property and on the east side of this beach you will find Punta Brava, another important surfing point.
Santa Catalina also has surf schools on Playa Estero beach, where you can rent surfboards and take surf lessons. It has a very pleasant environment with its green landscapes and other amenities, many restaurants, and plenty of family activities. Also nearby is Santa Catalina Island, just a 2-minute boat ride or short kayak or SUP paddle from Santa Catalina village beach, offering white sand beaches, snorkeling, and fishing Santa Catalina is a destination where you will have tranquility, peace and many outdoor activities to enjoy as a family. Properties in Santa Catalina have consistently appreciated over the last 30 years. Today, Santa Catalina is a tourist destination, and much of the small community's income and industry is derived through tourism.