Price: Sold on September 2015.
Owner Financing: Sold for USD$45,000.00 United States of America Dollars.
Province:
Location: Boquete, Chiriqui, Republic of Panama.
Size Of Property: 65m2. building is about 700 square foot. lot is about 600m2 or 6600 square foot.
Size Selection: Standard lot size for Boquete zoning on this area.
Water Frontage: Yes
Water Frontage Feet: N/A
Water Type: Creek on two sides of the property.
Current Rental Income: N/A
Type Of Ownership: Titled
Type Of Property (Main): Residential
Type Of Property (Sub): House
Improvements On The Property: Block cement house, metal roof, living dining room, kitchen, two bedrooms, shower, toilet, roofed terrace, porch.
Road Access: Yes
Municipal Electric: Yes
Municipal Water: Boquete Aquaduct.
Water Depth: shallow.
Additional Features:
Two blocks from main Boquete – David Road. Approximately 10 – 15 minutes drive to Boquete Down Town. Around 45 minutes drive to David City. Titled property. Fixer upper house front faces south, available space on the lot to expand the porch, and build a master deck with views to the creek, and undeveloped land. Roofed terrace on the back faces north, partial view of Baru Volcano, and creek. Creek surrounds the lot on north, east, and south. Road to the house is not paved. We drove the truck up the house using 4 x 4. Can park up to 5 cars on the side of house, and using back space on the lot next to the roofed terrace. Plenty landscaping area on the lot. There is a hotel, and nice houses near by. Estimate around $500.00 building cost per square meter, approximately $55.00 per square foot to build not including finishes. Building permit from Boquete Municipality is around 1% percent of the building cost estimated by the builder, and inspected by the municipal engineer. Zoning allows to operate hotel, hostel, b & b, lodging business. Boquete District in the Province of Chiriqui was founded in 1911.
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