Ocean Front Hotel For Sale in Panama - Turnkey with over $250,000.00 in annual revenue.
This is a fully functioning hotel/restaurant/bar business with owner's residence for sale in a fast growing touristy area.
The hotel is the best rated hotel in the area with a fully trained staff. The tropical setting and the great sunsets make this property stand out as the best in the area. Patrons will enjoy many amenities and great features including a swim up bar with 8 permanent seats. The cabanas were built with comfort in mind, using teak beams that lend to that beach cabin feeling. The cabanas have kitchenettes with all the needed utensil to create a great meal if your guests aren't the restaurant types. Each room is over 400 sq ft with ceiling fans, flat screen televisions, 12000 BTU air conditioners, hot water showers, granite counter tops, teak furniture throughout, large custom windows, sliding glass doors, and much more.
There is also a custom built, 3 storey octagon shaped house that is used as the office and live in residence. The first floor is a one bedroom appartment with full kitchen and laundry/storage room . The second floor is a Family room with two bedrooms, full bathroom, and a wet bar. The top floor has a 1200 sq ft wrap around balcony, a beautifully built 900 sq ft living space, open air kitchen, and 20 ft high ceiling with exposed beams. The house is of one of a kind and the views are breathtaking.
This is the perfect way to live your dreams, and finance them while doing so.
The property has access to a lovely beach with frontage totalling approximately 285 feet.
In total, there is over 3000 M2 of land with 8 cabanas, restaurant, bar, swimming pool, bohio, and all the required licences and permits are in order.
Financing is available with 50% down.