This Panama Real Estate 462 m2 (4,943 sq.ft.)beachfront house is an amazing opportunity for any investor with foresight and cash on hand. There are a few ocean front Panama properties but none will have the return on investment that this deal offers!
House was designed by Alfredo Boza of Cambafort & Boza, one of the leading architectural firms in Latin America. It was completed in 2008 and it will enjoy tax exemption until the year 2026. Built with the the highest quality materials and standards, this gem of the Pacific is situated directly in front of the only marina in the Panamanian Riviera on a 1,822 m2 (19,572 sq.ft.)lot. Located inside the Vista Mar Gated Community, the development boasts a 7273 yard, par 72 Championship golf course designed by the award winning architect, J. Michael Poellot. The Terrazas del Mar Restaurant is located just a short walk from the Casa Marina property, where renowned Chef Pascal Finet, will delight you with his superb cousine along with the panoramic view of the Pacific Ocean and new marina. Three large Supermarkets, one 24 hour and two Natural Foods and Up scale market has opened only 10 minute drive from the house. Numerous restaurants, featuring a variety of cuisines, are less than 15 minutes away.
The 4 bedrooms and 5 bathrooms estate speaks everywhere tropical palace. Three of the bedrooms have balconies with ocean views – 1 office / bedroom – bar with sink – Pool Rancho (bohio) with bar top and sink -Infinity salt Pool with waterfall – Jacuzzi – Large BBQ area with sink -Beach shower – Steps to the Sand and Private Beach – Workshop – Garage with rollup door and tiled floor – laundry room with sink – Plumbed and Wired for Maid’s Kitchen – Greenhouse with sink, misters and laja floor – Modern Security System – Granite Counters – All teak wood throughout – latest appliances – including 19 Hunter ceiling fans – Electric front gate – Air Conditioning – Screen doors and windows – Beach room for surfboards and beach gear – Garden Room – Custom lighting thoughout – Impeccable landscaping – exotic plants, ferns, flowers, and palm trees – and a custom water treatment plant.
Casa Marina will be the closest house to the Marina and is the only property that has 24 hour direct access to the Marina via the beach. Once the marina is completed it will be the only marina between David and Amador on the Pacific Side, and will cater to a very exclusive clientele with yachts measuring up to 120 feet. It is indeed a UNIQUE PROPERTY!
Seeing the upside potential and forthcoming appreciation, due to the marina and Vista Mar’s growth, the owners have chosen to maintain an equity position in the property and are seeking a compatible and equal partnership arrangement for the next two to three years.
The owner wants to sell half the equity of this home (50% of the stocks) for $1,250,000 in order to benefit from the impending gain in value once the marina is completed. However, if someone wants to do the whole property in cash, with a quick close, then the owner is willing to sell the whole property and walk away from the appreciation that will surely occur once the marina is complete.
United Country Coastal Panama presents the best Real Estate in Panama. If you are going to try Panama, you should contact us for Panama Properties.
Most Amazing Location
Walking Distance To Marina
Incredible Investment Op
Infinity Salt Pool
Steps To Beach