Property Picture 2

Property Details

  • Sale Price:

    $595,000

  • Location: Boquete, Chiriqui
  • Property Type: Hotel/B&B - PID 7030
  • Bedrooms: 11
  • Bathrooms: 12
  • Built Area: 500 m2 (5,382 sq.ft.)
  • Total Area: 650 m2 (6,997 sq.ft.)
  • Title Status: Property Title
  • Property Tags: Mountain  

Property Description

The Hostal Boquete is located just off the main square of downtown Boquete, with a view over the Caldera River.

With 25 beds in 11 rooms – each with its private bath – it offers enough beds to make a profit yet maintains the intimate atmosphere of the former private residence. The owners have made a point of focussing on families, student groups and some tour groups.

The dining room and the open lounge face the river and offer the best view in downtown Boquete.

The rooms are distributed over three floors; three have private balconies overlooking the river or the quiet street.

The running costs are low, as the hostal can be run with three employees so that the wages total only $ 1500 per month. Even in the low season, it breaks even and the occupancy rate during the four months of high season is 80%.

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Sale Price

$595,000