House For Sale Coronado Beach Panama 7 Bedroom

$ 495,000
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For Sale Coronado Beach Panama 7 Bedroom


RECENTLY REDUCED FROM $575,000!!!  A beautiful modern 5 bedroom family home, with two further self-contained one bedroom apartments in a separate guest house, individually designed and constructed to the highest standards using quality materials.


This home occupies an imposing lot of 1218 square metres on Ave. Punta Prieta, just two blocks from, or a ten minute stroll to Coronado beach and the Pacific Ocean.


Asking Price: $495,000.00


Living/Dining/Family Room


13.4m x 7.0m (44 ft x 23 ft)


Leading from the impressive porch at the front of the property is an expansive living/ dining/family room of open plan design. This space provides a omfortable and social environment which maximises the use of the room for everyday living and entertaining.


It is equipped with satellite TV, telephone and internet connections and is fully airconditioned. It boasts high quality ceiling fans, as do all rooms in this home, which provide an effective alternative should air-conditioning not be required or desired.


Kitchen – 7.3m x 5.2m (24 ft x 17 ft)


The large airy kitchen in this property is fitted with modern, European style cabinets and comes fully equipped with double sink unit, large stove with ceramic hob and overhead extractor fan, together with two large refrigerators, one of which is connected to the mains water supply to provide constant cold filtered water with inbuilt ice dispenser.


Bedroom 1: Bedroom 2: Bedroom 3 Bedroom 4 Bedroom 5
5.65m x 5.2m 4.85m x 3.9 m 4.55m x 4.1m 4.55m x 4.3m 3.9m x 3.5m
(18 ft x 17 ft) (16 ft x 13 ft) (15 ft x 14 ft) (15 ft x 14 ft) (13 ft x 12 ft)


Three of the five bedrooms, all of which are spacious and comfortable, have individual full en-suite facilities, whilst the remaining two share a further full bathroom. All bedrooms have air-conditioning and built in closets with a combination of vertical and horizontal storage sufficient for the most discerning wardrobes. Four bedrooms are located on the second floor, whilst the fifth is on the first floor, perfect for anyone with mobility issues. In addition to the en-suite facilities for the bedrooms, there is a further half bath conveniently located on the first floor, ideal for guests.


Guest House and Car Port:


Guest House (first floor):
Living Room/Kitchen: 7.3 m x 4.0m (24 ft x 13 ft)
Bedroom: Apartment number 2 Maid’s quarters
Car Port
4.0m x 4.0m (13 ft x 13 ft) 6.1m x 4.9m (20ft x 16ft ) 6.1m x 4.9m (20 ft x 16 ft)5.5m x 5.2m (18ft x 17ft


In addition to the main house, this property also has a completely self contained guest house, located on the second floor above the covered car-port. The apartment comprises a large bedroom, a well-proportioned open plan living/dining room with half kitchen, and a full bathroom. It is ideal as either a guest facility or as a rentable unit, providing a useful source of income. Beneath the apartment, on the ground floor is a further self-contained unit, currently utilised as a laundry room and maid’s quarters. This area comprises a bedroom, bathroom and a good space which could be converted to a kitchen/living area with minimum investment to provide a second guest/rental facility.


Terrace and Outside Areas:


Terrace – 7.3 m x 4.0m (24 ft x 16 ft)
Bohio/Bar Area – 8.1m x 5.0m (27ft x 16 ft)
Outside the main living area, connected by full length sliding doors, is a large covered terrace with overhead fan leading to the patio, garden and outside entertainment area. This area consists of a combination of beautifully paved patio areas, accented by well manicured low level hedging, a small lawn with mature and colourful shrubs and tub plants.


There is a bohio style entertainment area, complete with a covered bar with gas stove and grill. It also features full rest room facilities and is a perfect setting for entertaining family and friends in a truly tropical style, whilst requiring the minimum of maintenance.


The enjoyment of the outside areas is completed by an impressive rectangular swimming pool, measuring 50 ft by 26 ft, with outside shower, surrounded by a large tiled terrace ideal for sunbathing or simply relaxing with a cocktail and a good book!


Security for this property is provided by well constructed metal fencing to the front elevation, with an electric, remotely operated front gate, whilst the rear and side elevations benefit from a decorative wall affording both a secure and private outside space.


The main house also benefits from cctv cameras for that added feeling of security, whilst all doors and windows have good quality locks, supplemented with attractive georgian style grills to the windows. Additionally, all windows are fitted with mesh screens keeping the indoor accommodation bug free. ( CCTV requires update to modernize. )


Another impressive feature is the care taken at the design and construction phase to provide an effective surface water drainage system. This directs surface water away from all the living accommodation, including the covered terrace area, which can be fully utilised during all seasons.
A recent, and most valuable enhancement to the property was the installation of a 500 gallon filtered water tank system which provides an alternative source of water in the event of an interruption to the mains supply.


In addition to presenting as a beautiful family home, this property also affords several business opportunties with good income earning potential. These could include a high end bed and breakfast and/or restaurant which could maximise the use of both the internal and external space, including the generous parking spaces available spaces available both inside the gate and the further four off-road spaces adjacent to the front of the property.


With good planning and imagination, the property also lends itself to the establishment of a members only leisure facility, with a restaurant service providing an alternative for families who do not enjoy membership of larger facilities within the Coronado gated community.

Electricity:  $29


Maid Service:  $120 per month (2 days per week)


Water:  $9 – $50


Telephone/Internet: $29


Pool Service:  Zodiac G3 Barracuda automatic pool cleaner – no ongoing costs other than chemicals – approx. $15 per month ( for chemicials )


Land Tax: $365 per annum


House Insurance:  $350 per annum

Country: Panama
Property Id: 22391
Price: $ 495,000
Property Size: 1,218 m2
Bedrooms: 6
Bathrooms: 5.5
Custom ID: 600
View: Lake
Ownership: Freehold

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