Luxurious Home in Alto Boquete

Reduced from $510,000 to $495,000

Welcome to a beautifully remodeled home in Alto Boquete, where luxury and comfort meet modern convenience. This spacious two-story residence, just recently renovated, is perfect for those seeking a high-end lifestyle in the heart of Boquete. No one has occupied the home since renovations so it is like new!

Property Overview

• Location: Alto Boquete, Corregimiento Cabecera, District of Boquete, Province of Chiriquí.
• Property Type: Single-family home on an 800 sqm lot.
• Year Built: 2011 (Fully remodeled in 2022 and carpets replaced in 2024 with vinyl plank flooring).
• Condition: Excellent.

Sector Highlights

Alto Boquete is known for its upscale homes and excellent infrastructure, including well-paved streets, street lighting, and reliable utility services. The area is popular among those looking for a socially vibrant community with easy access to the main road to David.

Lot and Property Features

The property is fully fenced for privacy and security, featuring a combination of plastered blocks, iron bars, and a 6-foot cyclone fence. The lot is level, with a beautifully landscaped yard filled with ornamental plants and well-maintained lawns, offering an inviting outdoor space.

Interior Details

The first floor includes an entrance hall, a spacious living room, a dining area, a modern kitchen, a workshop, a maid’s room with a bathroom, and two bedrooms sharing a bathroom. The second floor is a private retreat with a master bedroom, en-suite bathroom, dressing room, and balcony. Additionally, there is a guest bedroom, two offices, a storage room, and another bathroom.

Special Features

• Gypsum Ceilings: Elegant ceilings throughout the home add a touch of sophistication.
• High-Quality Finishes: Stylish and durable finishes in the kitchen and bathrooms.
• Modern Metal and Glass Doors/Windows: Provide natural light and connect indoor and outdoor spaces.
• Beautifully Landscaped Yard: A lush, colorful garden offers a peaceful outdoor oasis.
• Complete Perimeter Fencing: Ensures privacy and security.

Investment Potential

This property is ideal for a luxurious residence with a home office or can be converted into an income-producing B&B or hostel with its 7 bedrooms and 3.5 bathrooms. There’s also potential to expand with available land next door.

Pricing and Appraisal

• Land Value: $68,000
• Improvements: $484,070.48 (Depreciated)
• Total Value: $552,070.48
• Market Value: $550,000

Contact Information

For more details and to schedule a viewing, please reach out to us. Don’t miss the chance to own this exceptional home in a prime location.

Contact Dallas at +507 6429 9509

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Note: Information is based on a December 2022 appraisal and inspection report.