Description:

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, soon receiving direct flights from the US.

A private home or lodge, B&B inn, boutique-resort, it's your choice. The possibilities are endless!

Sale of this outstanding property includes: Approximately 2.8 acres or 1.15 hectares of Pacific Ocean waterfront real estate; the highest quality construction buildings, pool and deck, haul out ramp and dock; custom built teak furnishings including all doors and cabinets; commercial equipment and appliances; commercial license; corporation. There is an inventory list available upon request.

This property is quietly elegant and is called a \"paradise found\" by many guests. It consists of 8 bedrooms and 8 bathrooms which include the following: 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). There is a concrete dock with floating dock (for 2 boats) and permit for slip expansion (+ 20 more). There is also a concrete ramp for hauling boats. (space available for a rack 'em and stack facility.) It comes with 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 commerial 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.

There are so many possibilities. You can develop a MARINA or expand with more guest rooms, hotel condo, homes; there is lots of room for building your dreams.

PLUS there is a dock extension plan and government concession available for 22 boat slips. INCOME potential on dock slips is fabulous! The closest marina is in Costa Rica, getting $26 a foot with a waiting list! Costa Rica is not boat friendly and requires a bond be posted and short cruiser permits. The beauty of Panama is there are no bond, cruiser permits for 2 years and they are very reasonably priced and the process is easy.

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 and ice. There is also a small haul out ramp which provides 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! Owner financing available, with substantial down.

The lodge consists of 464.51 m2 (5,000 square feet). The cabanas are 92.9 m2 (1,000 square feet).

This amazing \"Paradise Found\" is being offered at $2,400,000.

United Country Coastal Panama offers the best Real Estate in Panama. If you are going to try Panama, you should contact us for Panama Properties.