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3 Bedroom Luxury Panama Condo For Rent: Ocean Reef
Luxurious Ocean Front Condo For Rent In Ocean Reef Punta Pacifica
Investment Residence For Sale Near One Of Our Favorite Beaches In Panama
Santa Clara, Distrito Antón, Coclé, Panama
For Sale
$1,600,000
Description
This spacious Panama home for sale on the beach is located in an exclusive neighborhood in Santa Clara, a lovely beach town famous for its white-sand beaches.
Looking for a private property but want to be near a beach town? This property ticks all the boxes. As you enter Santa Clara from the Pan-American highway, rows of palm trees welcome you to a private street where only 12 residencies have been built.
The project doesn´t allow air BnB, which allows residents to enjoy year-round tranquility and privacy with their loved ones. This type of investment opportunity is perfect for those who are looking to invest with one or two acquaintances as each investor can choose an allotted period of time to occupy the property whilst feeling comfortable leaving personal items whilst they are away.
This property has 4 structures, the main house, and three guest homes that are fully equipped (perfect for an investment property where several families share the real estate).
As you enter the main house, you´ll enjoy the living and dining room area which flows into the kitchen. On the main floor, you will also find two large bedrooms, a bathroom, and a maid’s quarters. A large roofed terrace is also connected to the dining room, which is perfect for outdoor dinners.
The master bedroom is on the second floor, it comes with two balconies, a walk-in closet, and a large bathroom.
There are 3 other smaller guest homes inside the property, each with 2 bedrooms, two bathrooms, a kitchen, and a laundry area. Each is roughly 120m2.
This gives a total of 10 bedrooms, 10 full bathrooms, 5 kitchens, and 4 laundry rooms. There is also Ac in every room for extra comfort!
One of the main features of this property is its spacious outdoor kitchen, patio, and pool area. This provides the perfect setup to host barbecues and pool parties for friends and family members.
There is also a large covered parking area to house multiple cars and ATVs.
In addition to the basics, you’ll also find:
- Lots of storage
- Well water and storage tanks (1,200 gallons)
- Security camera and Alarm systems
- 1 large garage
- 1 carport for 5 cars
- 1 inground pool with jacuzzi
- 1 backup propane power generator 22 kW with an automatic transfer switch.
- 1 water softener fully automatic.
- 1 outside kitchen with bbq
- Automatic sprinkler system.
- Automatic electric gate
- Solar system
- Fully insulated house
A great perk for investors is that this property was built in 2008 and it has a tax exoneration until 2028. The land tax is as low as 700$ annually.
About the Santa Clara area:
Santa Clara is a beach community located one and a half hours from Panama City, to the northwest. This area is famous for its white sand beach and beachfront mansions. A beautiful, and exclusive getaway for many of Panama City’s elite.
In addition, the new international airport is bringing a lot of growth to this area. As a result, we are seeing a number of new shopping malls, new restaurants beach resorts, and other amenities coming into Santa Clara.
Property Video
Investment Opportunity in Santa Clara
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