$110,000
Asking Price: US$110,000
4 Bedrooms | 2 Bathrooms | 0.15 Acres | 10-Minute Drive to the Beach
A Renovation Opportunity with Residential or Commercial Potential
Located in the heart of Chame town, approximately a 10-minute drive from Coronado and the beach, this fixer-upper presents an opportunity for buyers looking to renovate a property in an established Panamanian community.
Situated within walking distance of convenience stores, the town park, and local amenities, the property offers a traditional small-town atmosphere where neighbors know one another and the community is known for its friendly, peaceful setting.
With a generous lot, additional rooms, and a central location, this property offers potential for buyers willing to invest in renovations and transform it to suit their needs.
Property Details
Location: Downtown Chame, Panama
Asking Price: US$110,000
Lot Size: 0.15 acres (599.25 m²)
Bedrooms: 4
Bathrooms: 2
Enclosed Area: 1,191.45 sq. ft. (110.68 m²)
Terrace: 297.30 sq. ft. (27.63 m²)
Parking Area: 429.44 sq. ft. (39.90 m²)
Laundry Area: 447.46 sq. ft. (41.57 m²)
Distance to the Beach: Approximately a 10-minute drive
Condition: Fixer-upper requiring renovation
Property Layout
Main House
2 bedrooms
1 bathroom
Living area
Kitchen
Additional Accommodation
2 separate bedrooms
1 additional bathroom
Additional Features
Exterior laundry area
Separate storage area
The additional bedrooms are separate from the main house, offering flexibility for guests, extended household members, or other uses depending on the buyer's plans and the property's existing configuration.
Renovation Potential
This property is best suited for buyers who understand the scope of a renovation project and are prepared to invest time and resources into improving it.
The house has a solid underlying structure, but updating is needed, including the windows, kitchen, and other areas of the property. With the right vision and renovations, buyers have the opportunity to transform the property into a comfortable residence or explore potential commercial uses, subject to zoning and permitting requirements.
Location Advantages
Chame offers a traditional Panamanian town setting with everyday conveniences nearby. The property is within walking distance of local stores and the town park, while Coronado's supermarkets, restaurants, shopping centers, medical facilities, and other services are approximately a 10-minute drive away.
The central location and proximity to the beach make this property worth considering for buyers seeking a renovation project with residential or potential commercial applications.
Who Is This Property For?
This property may appeal to buyers looking for a renovation project, a home with additional accommodation, or a property they can customize to their own needs. The separate bedrooms and central location offer flexibility for a range of possibilities.
Important Property Information: This is a genuine fixer-upper and requires renovation.
Contact us today for more information or to schedule a viewing.
4
2.0
0.15 acres
1,191.45 Sq.ft.
