Small hotel with 9 bedrooms in 7 cabañas in Boquete

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Property Details

Property ID
Sale Price
$ 400,000
Property Type
Built Area
954 m2
Total Area
1410 m2
Title Status
Property Title
Date Published
Jul 5, 2015
Jul 19, 2015

Property Description

This small hotel has

* 7 2-storey cabins, 6 with one bedroom and bathroom upstairs, 2 sofa beds, a bathroom, a dining room, kitchenette and a private terrace with hammock and beautiful river views on the first floor

* 1 1-storey cabin, reached by stairs of from the garden with two bedrooms, a bathroom, a dining room, a sitting room and a private garden with hammocks

* 1 administrator's office with lounge, bedroom, bath and kitchenette

* an office

* a laundry room with storage.

521 m2 are enclosed, 423 m2 are under roof.

Situated next to the well-known Hotel Panamonte, it is ideally located for long-term and short-term visitors, as it is near the town centre, but on a quiet dead-end lane and close to all the amenities.

The area lies in the zone for touristic development and the hotel has a hotel licence.

The property is still in use with two long-term renters (with a monthly lease, so the buyer has a free hand), however is need  some tender loving care to re-blossom: the kitchenettes and the bathrooms need re-furbishing, one of the cabins roofs needs repair and the cabins will shine, when they have new furniture. The investment will probably be around $50,000+.

There are no financials available, as the owner considered it to be more of a hobby than a business. A new owner would have to start from scratch.

This explains the very attractive price (and even this is negotiable) and the owner's openness to help with financing.

Property Features

  • Furnished
  • Appliances
  • Pet Friendly
  • Maid's Quarters
  • Maid's Bathroom
  • Laundry Room
  • Backyard/Patio
  • Storage
  • Mountain View


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