This unique custom built home is one of a two home auction in the quiet neighborhood of Las Uvas, about 3 kilometers from the PanAm Highway going up the road to El Valle. There will be an Open House on June 4 & 5, Saturday & Sunday, from 9am to 4pm each day. The auction (Highest Bidder Sale) will be held on June 5, 2016 and the homes sold individually to the highest bidders* after 4pm. Snacks & drinks will be served and we will have Spanish & English interpreters available.
This could be your chance to own a private country retreat just minutes from all amenities.
RETAIL VALUE: $440,000
STARTING BID will be: $295,000
*Subject to acceptance of seller
To receive a Bidder Information Packet, contact Auctions@PanamaUpdate.com
For information on the other house being auctioned on the same weekend, click HERE.
This exquisite home is conveniently located about halfway between El Valle and Coronado, and less than 10 minutes to the beach at Playa Panama. Very secluded and private, yet only 20 minutes to the most top notch amenities in El Valle, Playa Blanca, and Coronado, Panama!
The custom home, with guest house, is located at the end of an elevated cul-de-sac, in a small gated community with less than 10 homes. This house truly must be seen to be appreciated! Unique custom touches are everywhere! There is an open floor plan with custom concrete countertops in the kitchen, custom solid teak doors and cabinetry throughout and two spacious master suites with generous closets and oversized walk-in showers. The living room has sliding glass doors that open onto large terrace with stunning vistas and a distant ocean view. Step off the terrace into the large pool with underwater tables and seating. High quality fixtures and appliances are included in the sale, as well as most of the furnishings.
The nearly two acre property is large enough to build additional guest houses, if desired. There are mangos, cashews, bananas. and papayas growing throughout the property. The house is three years old and has a seventeen year tax exemption.
Income Opportunity
The duplex guest house has its own bath and kitchenette in each unit. A full service grill and casual seating is provided on the covered terrace of the guest house. Perfect for guests, teenage children, or renters for added income. Currently, the owner has been getting these prices for gust rental:
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$75 a night each, $130 for both sides
$250 a week $440 both sides
$400 a month $600 both sides
There is great extra income earning potential for new owner!
House has complete surge protection, energy efficient inverter air conditioners in every room. Three depositos for an abundance of storage.
For more information contact: Auctions@PanamaUpdate.com
Auction information & additional photos are at: HighestBidderSale.com
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