House with pool and 2 cottages -- Perfect for B&B

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Property Details

Property ID
4639
Status
For Sale
Location
David
Property Type
Single Family House
Sale Price
$ 275,000
Built Area
344 m2
Total Area
1200 m2
Bedrooms
5
Bathrooms
5
Title Status
Property Title
Date Published
Jan 9, 2015
Updated
May 13, 2018

Property Description

Located in the Villa Mercedes neighbourhood of the city of David, this very unusual property is set on a 13,000 sq, foot titled lot with a main house and two charming, detached guest houses that can provide rental income, or which can be used to accommodate visiting friends and family. 

The main house has approximately 237 square metres of interior space, including 3-4 bedrooms, three bathrooms, kitchen, living room, dining room, entertainment room, maid's quarters and large walk-in closet. There is also a swimming pool and roof balcony.

The attractive and well-built guest houses are 70 and 37 square metres, each consisting of a bedroom, living and kitchen areas and bathroom. They are separate from the main house, with their own entraces and exits, thus maximizing the owner's privacy if he or she wants to rent them out or use them for visting friends and family. They could be used to produce income either by short term or long-term rentals. Or the entire property could be turned into a Bed & Breakfast, including the guest houses and one, two or three of the bedrooms in the main house. The pool makes this property an attractive option for tourists visting David and surrounding areas.

While the city of David is not itself a major tourist attraction, it is a transportation and shopping hub for the whole of Chiriqui Province, including Boquete, Playa Barqueta, Volcan, Boca Chica, Playa Las Lajas, etc. Almost everyone who travels through Chiriqui province spends some time in David, especially if they fly into the regional aiport in David. There is a rental and B & B market here for foreign tourists as well as for Panamanians who live in the area or are travelling for business or on holiday.

This property has excellent income potential and is a fantastic buy at $275,000. 

Property Features

  • Furnished
  • Appliances
  • Maid's Quarters
  • Maid's Bathroom
  • Laundry Room
  • Studio Room
  • Balcony/Terrace
  • Backyard/Patio
  • A/C
  • Storage

Amenities

  • Pool Outdoors
  • Close to Shopping Centers
  • Close to Schools
  • Close to Main Roads

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