Profitable and established Boutique Hotel in David

Income Producing
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Property Details

Property ID
37393
Status
For Sale
Location
David
Property Type
Hotel
Sale Price
$ 995,000
Built Area
700 m2
Total Area
2000 m2
Bedrooms
17
Bathrooms
7.5
Parkings
6
Title Status
Property Title
Date Published
Sep 15, 2023
Times Viewed
1736

Property Description

This lovingly furnished, owner-managed hotel on a 2000 sqm property offers 6 air-conditioned double rooms and one suite with a total of 17 beds, each with its own spacious bathroom. Almost all rooms are handicapped accessible. Each room has its own style with furniture made of local teak and laurel wood.

A reception room with several seating areas, a kitchen and various terraces – some overlooking the swimming pool, which is very popular for local family parties – invite you to relax and will make you feel in the country despite the proximity to town life.

An additional apartment is currently occupied by the owner and could also be rented out.

The turnkey business was completely renovated and opened a few years ago and enjoys a large customer base and excellent reviews on Booking.com etc.

Small, very personal and cozy, the hotel is located in a green and quiet area of David, Panama's second largest city. In David you will find everything you need: Shopping centres, restaurants, cinemas, parks and beaches as well as numerous excursion possibilities in the surrounding area.

It is connected to the municipal water and electricity network and has a reserve water tank.

The hotel has high-speed Wi-Fi internet access, satellite and cable TV and comes fully furnished.

Fulfil your dream of your own hotel. Continue to run it as it is already established. Or expand it with your own ideas...perhaps a restaurant or cocktail bar by the pool? Or run it as an event location, a company-owned hotel for business training or meetings, or a large family compound.....

The fast-growing city of David is attractive for both tourists and business people from all over the world.

It takes less than 15 minutes to reach David's international airport, and 5 minutes to reach the highway between David and Panama City.

Boquete, with its cool climate and many tourist attractions, is less than an hour away, and beaches can be reached in just 40 minutes.

Property Features

  • Furnished
  • Appliances
  • Pet Friendly
  • Laundry Room
  • Balcony/Terrace
  • Backyard/Patio
  • A/C
  • Storage
  • Kitchen
  • Office
  • Internet & Cable Ready

Amenities

  • Pool Outdoors

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