B&B Property in Coronado Across from the Ocean

Code. 4846632

Price of sale US$575,000 American dollars

Property details :

  • Country: Panama
  • Estado / Departamento: Panamá Oeste
  • Ciudad: Chame
  • Localidad: Las Lajas
  • Zona: Coronado
  • Code: 4846632
  • Status: Usado
  • Área Built: 1200 m²
  • Área Ground: 1719 m²
  • Área Private: 1719 m²
  • Alcoba: 8
  • Bathrooms: 9
  • Garaje: 6
  • Property type: Beach house
  • Business type: Sale

Additional Description :

Las Bougainvilleas comprises 1725 square meters (18,450 SF). Access to the property is on good paved roads. 

This particular stretch of Avenido Roberto Eisenmann is sometimes called the “golden mile” and according to some experts is the wealthiest street in all of Panama with many multi-million dollar mansions and family compounds. 

The property backs onto the Coronado "chip and put” golf course and is located directly across the street from the popular Playa Serena beach with an access point less than 100 meters from the front gate. Playa Serena is famous for safe bathing for small children as well as for surfing in season. 

Property Design 

The property has been designed as a "family compound" with four independent living quarters with large common areas. This is the most common property type on the street. 

In the alternative, the property could easily generate $43,000 per year if the owner occupied the large main house and rented out the three villas at an average of $1200 per month on an annual basis. 

Four Detached Residences with Pool Area 

The property contains four separate detached residences plus additional buildings including laundry, storage, BBQ area, pump house, bohias and swimming pool for a total of 880 M2 of quality construction. 

It features an extremely private, well-landscaped pool area. The pool (4.5 x 7 M) is completely surfaced with special water resistant ceramics for long term easy maintenance and has a wide apron for lounging and chatting. 

The self-contained BBQ area next to the pool includes a kitchen counter, sink, a 4 burner stove plus a new BBQ. The pool filter uses a diatomaceous earth which keeps the pool crystal clear at very low cost for chemicals. 

The pool area has been carefully designed with strategically placed bohias for all-day swimming without (if desired) exposure to the sun. 

The entire property is lushly landscaped with many fruiting trees, bougainvillea, large varieties of palm trees, plus many custom planters for flowers and flowering shrubs. There are automatic yard lights at nights. 

Main House 

The two story, main house comprises approximately 369 square meters (3948 SF) and contains 17 different “rooms” or activity areas. It includes a very large gourmet kitchen with indoor and adjacent outdoor dining areas. It features 4 bedrooms and 3 full bathrooms with room for expansion. 

The master bedroom enjoys a large ensuite bathroom with built in bathtub. The main house includes a large private laundry area. The other three villas utilize a large common laundry area. The main house has two "home offices" and a large "studio" area for arts/crafts. 

Storage is extensive throughout with many custom, built-in book cases, specialized storage areas, regular closets, walk-in closets, and special lock-up storage areas for cosmetics/valuables etc. It has only 2 AC units and 11 ceiling fans. The ocean breezes are excellent. 

The main house has been carefully designed with comprehensive security systems both internal and external. 

Las Palmas 

The largest villa “Las Palmas" has 160 M2 (1712 SF) with two bedrooms, two full bathrooms, two large terraces with one overlooking the Coronado "chip and put” course. In addition there is a large private backyard with a bohia with flowering roof. 

This villa has a very large kitchen dining area, a substantial TV area plus a "home office" area. It contains 3 AC units, 5 ceiling fans and enjoys a very private and fully walled area at the rear of the property. 

Las Brisas 

The second villa is the “Las Brisas" with 112 M2 (1200 SF). It has two bedrooms (one with ensuite bath) and contains a comfortable TV/living room area, 3 AC units, 5 ceiling fans, a full kitchen and a spacious separate dining area plus an outdoor terrace overlooking the pool. 

Las Olas 

The third villa is "Las Olas" at 100 M2 (1070 SF) with two bedrooms. It has a "split bath" arrangement with a separate shower area. It contains a very large kitchen with dining/living/TV area. It has 3 AC units, 4 ceiling fans and a private outdoor terrace. 


There is comfortable parking for 7-8 cars without anyone have to move to let someone out. 

Water System 

The property has a 1500 gallon reserve water storage system lined fully with ceramics with new pressure tank. There are two separate septic systems and two electric meters for the property. The water supply is from the municipality. 



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