Beachfront Starter Home in El Carmen

Cute Beach Front Opportunity!

$119,000 

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Front of the house

Take advantage of this affordable little beach front home just a few blocks walk from downtown Puerto Armuelles. It is a 1 bedroom, 1 bath Newly Renovated Panamanian style house. Great starter home with plenty of room to expand or a retired couple could enjoy life in a dream beachfront home. Perfect investment for rental income too!

This adorable home has just undergone a renovation and the finishing touches are being put on now. Add a bit of furniture and the home is now move-in ready!

The best part ~ it is directly on the upcoming new Cinta Costera project! This could easily be a commercial venture ~  restaurant, bar, gift shop, or vacation rental, with high upside investment potential.

There is also room to expand the building and the adjacent lot is for sale, if even more space is needed.

This house is located in the charming El Carmen neighborhood. The neighborhood, especially along the beach, is transforming into an investors paradise. Foreigners and speculators are buying everything they can get in this neighborhood because the area so close to town and and has a nice, sandy beach for swimming, fishing, and surfing. There are already a few nice, international style, homes that have sprung up here, as well as Big Daddys Hotel, which has an American food restaurant and bar.

www.visitpuertoarmuelles.com

All of the amenities of downtown Puerto are just a few minutes walk away. Banks, restaurants, and shopping are close by. A taxi ride to the hospital on the other side of town is about 75 cents. One could easily live here without the need for a car. The main bus terminal is only a few blocks away and has transport to anywhere in Panama.

www.visitpuertoarmuelles.com

 

Single Family Home

R.O.P.

Bedrooms: 1

Bathrooms: 1

Size of home:  400 sf + covered patios

Size of Lot: 457.73 sq.Meters (4,926.96 sf)

Construction: Block walls, tin roof

Location: El Carmen

Features: Beachfront (44.5 feet)

$119,000

 

Would you like more information on this property?   www.visitpuertoarmuelles.com

Property ID #032216

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