Property Overview
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- Size:
- 608,161 sq ft / 56,500 sq m
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- Usage:
- C2
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- Sale Type:
- For Sale
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- Rental Income:
- $3,550
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- Property Type:
- Hotels
- Other
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- Auction:
- No
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- Development Opportunity:
- Yes
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- Investment Opportunity:
- Yes
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- Tenanted:
- Yes
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- Energy Rating:
- N/A
General Summary
Villa Davina is a vacation rental complex comprised of seven - 2 bedroom/2 bathroom units.
Situated on almost 14 acres (5.65ha) of riverfront property the owner has produced luxury accommodations all the while maintaining the natural surroundings.
The project boasts 5 long term residents and has ample room for expansion.
Six of the seven units are located in three, 2 story condo style buildings surrounding the pool. The seventh, is a single story, detached dwelling with a huge wrap around balcony. This single story unit is custom designed with over 3,000 sq. ft (278.8 m) under roof.
Each of the other units are 1380 sq.ft. (128m) under roof.
The total "under-roof" square footage is 11,280 square feet or 1,048 square meters.
The total land area is 607,940 square feet or 56,500 square meters.
In addition to the river frontage of almost 800 feet the property has two, extremely good fresh water wells that provide all of the water needs to the complex. The water, can be consumed directly from the ground without treatment!
All of the units come completely furnished with everything right down the the pots and pans and bed linen.
Each unit has it's own electric meter and internet connection.
Buy in the morning and be operational by lunch time--really!
The owner, now 69 is looking to take it easy.
The owner will also provide some financing with a substantial down payment and the property as collateral.
Location
Villa Davina is located in the south-west portion of the Province of Chiriqui, in the Republic of Panama. We are about ten minutes from the border with Costa Rica (Google Earth---Villa Davina, Panama) to see our location.
The area is a rural setting that has proven to be very safe, friendly and appeals to those who wish tranquility, nature, peace and quiet all the while being only a short drive to all of the shopping needs!
The "frontera" or border with Costa Rica has great pricing and selection for any of your needs. From furniture to groceries it is all there in new, modern stores.
For even more choice you are only 20 minutes from Bugaba (La Concepcion) with it's new stores. This area is growing leaps and bounds and then you have the city of David about a forty minute drive. David is the 3rd largest city in Panama and has everything you could want and more--theatres, shopping,restaurants etc.
Chiriqui, is known as the "bread basket" of the country as most of the produce comes from this province. Here, stick it in the ground and watch it grow!
For the guests who do not own vehicles there is a taxi and bus service that stops at our front gate. The bus service in Panama is excellent.
The property has all of the natural flora and fauna associated with tropical living along with many exoctic birds, monkeys and other wildlife,
Visit our website--www.villadavina.com