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USD 274,900

House for Sale w/ Pool in David, Chiriqui Panama


  • This property has been sold
  • Transaction Type: SOLD
  • Property Address: David, Chiriqui Panama
  • Country: Panama
  • Lot Area: 13,000 sq
House for Sale w/ Pool in David, Chiriqui Panama

Property Description

House For Sale in David, Chiriqui Panama
W/ Pool And Two Guest Houses For Extra Income

Located in the Villa Mercedes neighbourhood of the city of David, this very unusual property is set on a 13,000 sq, foot titled lot with a main house and two charming, detached guest houses that can provide rental income, or which can be used to accommodate visiting friends and family.

The main house has approximately 2550 square feet of interior space, including 3-4 bedrooms, three bathrooms, kitchen, living room, dining room, entertainment room, maid’s quarters and large walk-in closet. There is also a swimming pool and roof balcony.

The attractive and well-built guest houses are 400 and 750 square feet, each consisting of a bedroom, living and kitchen areas and bathroom. They are separate from the main house, with their own entraces and exits, thus maximizing the owner’s privacy if he or she wants to rent them out or use them for visting friends and family. They could be used to produce income either by short term or long-term rentals. Or the entire property could be turned into a Bed & Breakfast, including the guest houses and one, two or three of the bedrooms in the main house. The pool would make this property an attractive option for tourists visiting David and surrounding areas.

While the city of David is not itself a major tourist attraction, it is a transportation and shopping hub for the whole of Chiriqui Province, including Boquete, Playa Barqueta, Volcan, Boca Chica, Playa Las Lajas, etc. Almost everyone who travels through Chiriqui province spends some time in David, especially if they fly into the regional aiport in David. There is a rental and B & B market here for foreign tourists as well as for Panamanians who live in the area or are travelling for business or on holiday.

This property has excellent income potential and is a fantastic buy at $274,900, just reduced from $290,000




PROPERTY SUMMARY

This real estate property is located at David, Chiriqui Panama, Panama. It was listed on PropertySamurai.com for USD 274900.

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