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Contadora Island - excellent home for retirement or investment - Pearl Islands

Contadora Island - excellent home for retirement or investment - Pearl Islands
Contadora Island - excellent home for retirement or investment - Pearl Islands
  546  

Added: 2008-08-14

  • City: 15 minute flight from Panama City
  • Location: Pearl Islands (See map)
  • Type:     Beach Property
  • Number of bathrooms: 2
  • Number of bedrooms: 3
  • Area, square meters: Home 167 m2 (1798 sq ft) Lot 915 m2 (.23 Acre)
  • Price: $357 500


Description:

This is a cozy house located on Contadora Island which is part of the Pearl Islands of the coast of the Republic of Panama. It is only 50 km (30 miles) south of Panama City which is just a fifteen minute flight or a two hour ferry ride from Panama City.

Contadora Island is famous for its crystal clear water, snorkeling, fishing, boating, bird watching, whale watching, diving, or just sitting back and enjoying the warm tropical climate.

This Panamanian Island has been a vacation spot for a number of well-known people such as the Shah of Persia, Elizabeth Taylor, John Wayne, Jimmy Carter, The Prince of Monaco, G.W. Bush’s twin daughters and others.  Additionally, it was the only location to be used twice by the famous CBS TV series “Survivor”.

The house sits on a knoll well above street level which adds to the overall appearance of the property and gives it a little bit more privacy. The lot is large enough to build a second home and is fairly near to a private marina just a block or so away. Theres also a fabulous view of a not so distant jungle with its varied flora,  fauna and its exotic tropical birds.

The property has a subterranean water system with a 10,000 gallon/ 38,000 liter  capacity of quality drinking water. The house has a fair size patio/terrace and it also includes a garage with a dual entrances. The car port can easily be turned into additional living space. Other amenities include A/C units, wireless broadband Internet and land telephone line. Satellite TV service is available in the area.

"Casa del Sol" (as the home is known)  could also be an excellent investment opportunity in Panama since it was the first bed & breakfast to be opened in Contadora and has remained in operation to this day. The business has its own webpage and established rental business with one "dirt bike" (motorcycle) and one Suzuki four-wheeler.

Take advantage of this investment opportunity! You will get the house plus the established business which includes the webpage and the "rentals on wheels".


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