Charming Beach House Near Palenque in Costa Arriba Colon

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Charming Beach House Near Palenque in Costa Arriba Colon

Available for sale is a two level, split entrance, second row beach house near the sleepy caribbean town of Palenque in Costa Arriba of Colon approximately 2.5 hours from Panama City with 2,426m2 of land with 2 additional structures. The main two level concrete 50m2 home has two separate entrances with a total of 2 bedrooms, 2 bathrooms, a balcony and a terrace equipped with its own furniture, well water, septic tank, and municipal electricity.

The second structure, a bohio, is 60m2 and contains an open lounging area with concrete furniture, pillows, kitchen, bathroom, and terrace with its own well water, septic tank, and municipal electricity. The third structure, a partially completed 22m2 cabana with 1 bedroom, 1 bathroom, and construction for one more floor possible.  

Construction Area: 131.20m2
Open Area Construction (balcony / terrace): 23.20m2
Total Lot Size: 2,426m2

Note: The home is currently rented for 2 years, and the contract should be respected by the new owner. Since this property is titled, a bank mortgage can be obtained with the rental income covering the mortgage, and potentially building a custom home on the remaining lot.

Contact Form :: Contactenos

Additional Info

  • Status:: Active > For Sale
  • Property Type:: Apartments > 1 Bedroom
  • ID#:: 1340
  • Price Per M2:: $90.68
  • Province:: Panama
  • Location:: Costa Arriba, Colon
  • Lot Size:: 2,426m2 / 25,958 (sqft)
  • Size:: 131m2 / 1,401 (sqft)
  • Views:: Mountain & Sea Views
  • Bedrooms:: 2
  • Bathrooms:: 3
  • Parking:: 3+
  • Sale Price:: $220,000
Read 6905 times Last modified on Thursday, 27 February 2014 12:01

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