Bathrooms
0 bathrooms
A six-suite beachfront hotel with a distinctive income history
San Carlos, San Carlos
$1,090,000
USD$1,730 / m²
Set on the beachfront in Playa Corona, this six-suite hotel combines direct access to private beaches with a layout that spans ground-floor suites, second-floor suites and a penthouse with a large balcony. The property offers 630 m² of construction on 800 m² of land, with a reported operating and income history dating back to 2009. Some suites have kitchens and balconies, and some feature outdoor showers. The grounds include ornamental gardens with natural stone, brick-clad walkways, storage rooms and a large paved terrace. Additional infrastructure includes an 8 m³ septic tank, a 40 m deep well with a pump installed in 2020, a 31 m seawall, decorated staircases, two palapas on private beaches and a pool structure. Reported average annual gross income since 2009 is $80,000, with $120,000 reported for 2022. Reported annual occupancy is 10–15%, and nightly rates range from $155 to $215 depending on the suite. The hotel is described as authorized by the Panama Tourism Authority and holding an operating permit; annual real estate tax is reported at $0 through 2032. Contact Casanova Realty to request further operating details and arrange a visit.
In Short
The Playa Corona hotel is offered for $1,090,000. It has six suites, 630 m² of construction, 800 m² of land, private beach access and a reported average annual gross income of $80,000 since 2009.
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0 bathrooms
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Estimated monthly payment
$4,698
Principal and interest only
An illustration, not an offer. Panamanian banks lend up to about 70% to residents and 50–60% to non-residents; your rate depends on the bank, the term and your file.
Total, before mortgage:$0 / month
Asking price per m², against the building, the sector and the country.
Asking 9% below the San Carlos average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
The $1,090,000 asking price equates to approximately $1,730.16 per m² of construction area. Reported average annual gross income is $80,000, with $120,000 reported for 2022; the corresponding simple gross yield on the average figure is approximately 7.34%, before expenses.
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San Carlos
Beach hotel for sale in Playa Corona
San Carlos, San Carlos
Positions are schematic, spaced by travel distance.
Get directionsSan Carlos, San Carlos, Panamá Oeste · —
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Same market, comparable size and price.
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