Panama Vacation Quarters

Canal Zone Properties/Panama Vacation Quarters In business since 2004,
Quarry Heights, Ancon, Panama
Unique property in Quarry Heights, Ancon, Panama for sale. Listing price is $2.4 million.

Three story apartment is on ~950 m2 of land and includes a swimming pool and two
bohio/gazebos in the tropically landscaped back yard. The property frontage is ~40.7 meters
and the side dimension is ~23.3 meters. The bottom floor of the building measures ~315 m2
while the 2nd and 3rd floor measure to ~268 m2.

• Quarry Heights is a quiet gated community with 24 hour security
• 10 minutes from business district in Panama City

The building is structured as four each two story, four bedroom apartments with 2.5 bathrooms and four each studio apartments with a full bathroom, all fully furnished. There is also an annex housing office and storage space and a separate maids quarters and laundry room.

This property is currently an eco tourist hotel nestled in the hills of Quarry Heights and
is in great condition. Current annual hotel rental income can increase with local management and marketing. The present ownership and management is based in the United States.

This property also offers new ownership the opportunity to rent each apartment by the month.
Estimates are that the four bedroom apartments can be rented for ~$3,000/month and each of
three larger studios can be rented for ~1,250/month. The last studio can be rented on a
daily/weekly/monthly basis.

Owner financing available