Hostal Boquete - Reduced price and financing avail | $380,000
Rafael Gangi Agent Photo
Rafael
Gangi
C. (507) 6550-5186
P. (507) 226-5704
Phone Rafael http://www.panamasothebysrealty.com/
PANAMA SOTHEBY'S INTERNATIONAL REALTY
Calle 70 San Francisco, Ph Setenta 30,oficina 102
Panamá
Panamá

Details

%
Years (35 year max)
Years



AreaBoquete
Sub AreaBajo Boquete
CountryPanamá
Price$380,000
Property TypeBuilding and Land
Floor Space500 m²
Lot Size227.00 m²
Year Built1998
MLS® #14360

The Hostal Boquete is located just off the main square of downtown Boquete, with a view over the Caldera River. With 25 beds in 11 rooms – each with its private bath – it offers enough beds to make a profit yet maintains the intimate atmosphere of the former private residence. The owners have made a point of focussing on families, student groups and some tour groups. The dining room and the open lounge face the river and offer the best view in downtown Boquete. The rooms are distributed over three floors; three have private balconies overlooking the river or the quiet street. The running costs are low, as the hostal can be run with three employees so that the wages total only $ 1500 per month. Even in the low season, it breaks even and the occupancy rate during the four months of high season is 80%. The owner is willing to finance with a deposit of at least 20 % and the rest payable within 4 years with 5% interest.

Location

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Data Source: Statistics Canada
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