Boca Chica Dream Come True

The most desirable area in the province of Chiriqui, BOCA CHICA, Panama on the Pacific coast. Located one hour from David, the closest city to Boca Chica with an airport. David is the fastest growing city in Latin America and the second largest in Panama. (census 2010) The airport expansion is completed, now receiving direct flights from Tocumen Int’l Airport in Panama City, soon receiving direct flights from the US.

A private home or lodge, B&B inn, boutique-resort…. your choice.

Sale includes:

About 2.8 A. or 1.15 H. of Pacific Ocean waterfront real estate

Highest quality construction – buildings, pool and deck, haul out ramp and dock.

custom built teak furnishings including all doors and cabinets, commercial equipment, appliances…….. commercial license, corporation….

Inventory list is available upon request.

This property is quietly elegant and is called a “paradise found” by many guests.

It consists of: 8 bedrooms 8 bathrooms

2 resort guest bedrooms with terraces, (deluxe)

2 cabana guest bedrooms with terraces, (standard)

1 large suite with a master bedroom with terrace AND a guest bedroom/bath, and office with a wet bar. (superior)

1 suite with 2 guest bedrooms/ 1 bath (standard)

Concrete dock with floating dock (for 2 boats) and permit for slip expansion (+ 20 more)

Concrete ramp for hauling boats. (space available for a “rack ’em and stack” facility.)

1 Panamanian corporation

The bar/dining area has a breathtaking ocean view, overlooking lush vegetation and a vanishing edge swimming pool. The kitchen is well equipped with commercial equipment and open design. It has had many photos taken of it by envious guests.

We’ve got it all, including one of THE best views in Panama! This is said over and over again by the many repeat guests.

OR

Develop a MARINA or expand with more guest rooms, hotel condo, homes … lots of room for building your dreams.

PLUS Dock extension plan and government concession in hand; for 22 boat slips

INCOME potential on dock slips is fabulous…. closest marina is in Costa Rica, getting $26 a foot with a waiting list! Costa Rica is not boat friendly: requiring a bond be posted and short cruiser permits. Panama: no bond, cruiser permits for 2 years, very reasonable price / easy process.

Income projection:

40 foot boat at $25 a foot per month = $1000 per month or $12,000 per year

22 boats @40 feet each @$25 a foot per month = $25,000 per month or $300,000 per year! All you will need to do is watch the boats bob up and down and provide a night watchman. Additional income potential for wash downs, fuel, bait, ice……………

There is also a small haul out ramp. More income potential!

There is ample space to add many many more cabanas and/or a condo.

A Hotel/condo concept plan available for your review.

An impressive property, a must see if you’re looking to buy in Panama.

Owners built this facility with attention to detail, without a budget, with love and care, and it shows. Owners are retiring, now the opportunity to purchase it is yours!

For a mini resort, lodge, marina……. it’s READY for you!

Price: $2.4M – owner financing.