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Boquete Paradise
Location: Panama -> Boutique
Industry: Hotels and Holiday Accommodation > Other Hotels and Holiday Accommodation




Business Summary

Hotel for auction on April 26, 2012 11am Central Standard time, for additional details please look at sonneco.com or call 316-838-5790

This property situated on .45 acres bordering the Chiriqui River, consists of four (4) two-story cabana buildings. The cabanas contain 11 Units that are divided into three (3) grand suites (753.5 sq ft each) and eight (8) standard rooms (365 sq. ft. each) plus a large reception/office area offering a public restroom, kitchen/cooking area and a small dining area for guests, (1) open air cabana area with outdoor cooking facility. Due to the climate this property has no heating or air conditioning.

The property has many potential uses including Corporate Retreat, Long term or short term rentals, Condo conversion, Hotel, and Fractional ownership.
Guests enjoy views from the glass enclosed balconies of each building including the majesty of the surrounding maintains with impressive presence of the over-towering Volcan Baru, the calming sounds of the Chiriqui river waterfalls, and the beauty of tastefully designed lush gardens filled with flowers attracting tropical wildlife.

Grand suites offer
- two (2) private bedrooms
- kitchen/dining area
- Private bathroom
- Grand suites can sleep up to 7 people.

This is the ideal investment opportunity and if you are an investor seeking a high-quality Boutique hotel in one of the fastest growing regions of Panama or if you are simply seeking the pleasures of the lifestyle of beautiful Boquete. This is a tranquil paradise 5 minutes from the village of boquete, Panama.
The auction is off site at 3939 N Comotara Wichita, KS on March 15th 2012 at 11 am central standard time. Online and phone bidding will be available for your convenience. There will be a 10% Buyers Premium.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2006
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Real estate broker helping to sell the property.

Photos

View Larger Photo(s) Of Business
Boquete Paradise Photo 1 Boquete Paradise Photo 2




Print Listing Id: 700165022
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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