"Beachfront Property: Expansive Coastal Estate with Charming Casita, Playa Corona D-0133
For Sale
$ 575,000

Description:

Located along the pristine shores of Playa Corona in Panama, this exceptional beachfront property presents a solidly constructed residence with a focus on practicality and comfort. Benefiting from a prime coastal location, the home receives an abundance of natural light, creating a warm and inviting atmosphere throughout. Crafted by an experienced builder who skillfully capitalized on the expansive lot size, this property offers a seamless blend of functionality and coastal charm. With its strategic positioning, the house harnesses the beauty of its surroundings.

 

Main Level:

The first level of this property features a sturdy two-bedroom house, each bedroom complemented by its own ensuite bathroom for added convenience. A half bathroom adds to the functionality of this level. Additionally, a recently built apartment exudes modernity, boasting one bedroom, one bathroom, a full kitchen, and an office space. From the master bedroom, living area, and apartment, uninterrupted views of the ocean offer a serene backdrop to everyday living.

Lower Level:

Descend to the lower level, where two additional Casitas provide not only comfortable living spaces but also lucrative income potential. Each apartment boasts a bedroom, bathroom, and direct access to the beach, inviting residents and guests to embrace the coastal lifestyle. With separate entrance hallways, these Casitas offer privacy and convenience, ensuring that guests can come and go independently without needing access through the main house. Fully furnished and equipped with AC units, these Casitas offer a turnkey solution for both owners and guests. Whether it’s a leisurely stroll along the sandy shores or a refreshing swim in the ocean, the beach is easily accessible, promising endless enjoyment for all who visit.

Versatile Investment Potential:

With its solid construction and strategic location, this property presents numerous investment opportunities. Whether utilized as a rental property, income-generating asset, or a family residence, its versatility appeals to a wide range of buyers. The practical layout and modern amenities ensure both comfort and convenience for residents and guests alike.

Income potential:

This property holds significant potential for generating rental income, thanks to its multifaceted construction and attractive price point of $575,000. With multiple living spaces spread across two levels, including a main house, separate apartment, and additional units on the lower level, there are ample opportunities to capitalize on the burgeoning demand for vacation rentals in the Playa Corona area.

Property features:

Offered priced: USD$575,000.

Main House: 2 bedrooms – 2.5 bathrooms

Apartment: 1 bedroom – 1 bathroom

Casitas: Each one has 1 bedroom, 1 bathroom

Main Level house and apartment construction size: 250 square meters – 2,690 Sq. Ft.

Lower-level casitas: 100 square meters – 1,076 Sq. Ft.

Lot size: 1100 sqm – 0.27 acres

Water well

AC units on each bedroom.

Direct access to the beach

5-minute drive to shopping and restaurants

Access to high-speed internet

Seawall- An enormous concrete seawall sits at the lower end of the property. Professionally designed and constructed, this sturdy seawall provides reliable protection against tides and ocean forces.

 

Location:

OTHERS PROPERTIES

Ricardo’s Real Estate

Av. 5 Sur San Francisco
Panama City, Panama
(507) 60403288

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