Panama Hotel for Sale with Potential to expand Marina in Boca Chica, Chiriqui, Panama

List Price: $1,900,000
Lot Size : 11,500 Sq.M

2.84 Acres

Bedroom(s): 7
Bathroom(s): 6.5
Location: Boca Chica, Pacific Beaches Chiriqui, Panama
Property Features: Water Front

Boca Chica is poised for rapid growth. It is the closest desirable launching point to David for island excursions.  The area is being highlighted as a potential rapid development zone due to its enormous appeal, natural appeal and existing infrastructure.  Previously an active resort, this titled property is prime Boca Chica. Ideal for a private home, lodge, inn, or mini-resort it’s entirely up to you.

Sale includes:

  • About 2.8 A. or 1.15 H. Titled of Pacific Ocean waterfront real estate 500 + feet of water frontage
  • newly constructed highest quality buildings, pool, deck, and dock, (Dock extension prior permit in hand; for boat slip – rentals @ min. of $25 / per foot. FYI: closest marina is in Costa Rica, with laws that are not boater friendly or in the other direction the closest marina is in Panama City!

The business comes with a prior permit (that would likely require renewal) to expand to a 22 slip marina in a growing and just being discovered area in the province of Chiriqui, Boca Chica, Panama on the Pacific coast. This property is currently a small resort, that offers a variety of aquatic activities, including fishing, snorkeling and full service kitchen with tasty local fare, an always open bar, and well appointed rooms.

Boca Chica is the closest nicely developing area to the fishing grounds.

INCOME potential on dock slips is fabulous…. closest marina is in Costa Rica, which was at the time of original posting  of this listing 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.  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 haul out ramp. More income potential!  The resort has custom built teak furnishings including all doors and cabinets. Included is commercial equipment, appliances, and everything for an ongoing enterprise – turnkey! The inventory list is available upon request.

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

It consists of:

  • 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.

One of the best views in Panama! This is said over and over again by the many repeat customers.

Property Size is approximate.
Owner financing available, with substantial down payment.