Property For Sale Chiriqui,Panama

List Price: $949,900
House Size: 10,516.00 Sq.Ft
976.00 Sq.M
Lot Size : 1,106 Sq.M0.27 Acres
Bedroom(s): 5
Bathroom(s): 6.5
Location: Jaramillo, Boquete, Chiriqui, Panama

Panama Tax Haven info: https://www.investopedia.com/ask/answers/093015/why-panama-considered-tax-haven.asp

Boquete - land of eternal Spring: https://en.wikipedia.org/wiki/Boquete,_Chiriqu%C3%AD

Description: Originally built as a 10,000 square foot private home, there are a variety of ways to envision The Mansion; a boutique hotel, upscale hostal, multifamily residence, luxury senior living accommodations, a residential independent living  facility for the handicapped, or 3 or more individual apartments are among the many possibilities. Located in Jaramillo Centro, the property is secluded and private, yet only minutes to the town of Boquete.

A grand entrance with stained glass doors and sweeping staircase opens to the dramatic living room and dining area. The space has soaring ceilings, a stone fireplace, and glass doors that open onto a large, covered terrace with stunning 180 degree views of Boquete, Volcan Baru and all the way to the Pacific Ocean. The inviting space is a spectacular common area whether it be for a family, for a hotel or hostal. Its open configuration and proximity to the kitchen make it an ideal space for events and group gatherings.

The generously proportioned kitchen has abundant counter and storage space. Along with the usual appliances, the kitchen also has two ovens, a large island, three sinks, granite countertops, and a butler’s pantry. In addition to the kitchen and living areas, the main floor also includes an en suite bedroom and a guest powder room.

The entire upper level is comprised of the extensive master suite. The large bedroom has a beautiful balcony overlooking Volcan Baru and Boquete. The master bath is spacious and well-appointed. The his-and-hers walk-in closets are quite large, one even has its own balcony facing the front of the property, with mountain views. There is a large storage room upstairs as well. The size of the rooms comprising the master suite could easily be converted to multiple bedrooms and baths.

The bottom level has 3 ensuite bedrooms. There is a large bonus room, as well as storage and laundry areas. The configuration and size of the lower floor offer options regarding its use. It could be built out as a separate unit with kitchen, or additional ensuite bedrooms could be added. The bonus room could become a dorm-style room, an activity room or another ensuite bedroom. Multiple entry points to the lower level from the exterior are an added benefit for access regardless of function.

This property includes an elevator shaft ready for elevator installation to all three levels. This residence is fully fenced, offers a 2-car garage, 500-gallon water reserve tank, water filtration, lovely grounds and two electric entry gates.

More photos available.