Villa Camilla Historic Hotel Price reduced by over half!

in #panama7 years ago

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http://www.opendoorspanama.com/villa-camilla/

VILLA CAMILLA | BOUTIQUE RESORT
11 BEDROOM | 13 BATHROOM | 833 M² (9505 FT²) BUILT | 22995 M² (5.68 ACRE) LOT | $2,100,000 USD

Previously priced at 5.5 Million, Villa Camilla has been known as the crown jewel of the Azuero Peninsula and could easily be brought back to her original splendor. The property’s single owner and builder, Gilles Saint Gilles, is a famed architect from France who pioneered this area in 1997. First built as their private family estate, Villa Camilla was later converted into a boutique luxury hotel that also served as a receiving center for incoming buyers of the surrounding luxury area. The hotel has not been in operation in recent years, and the owners desire to invest in other opportunities.

UPDATE: Dec 21, 2017

The very recent and drastic price reduction has generated plenty of interest and an offer is currently on the table. Sellers will entertain offers if received very quickly. They require a 30% cash installment by the end of January.

The area of Playa Los Destiladeros appeals to HNW individuals who desire a private retreat in beautiful natural settings. The short drone video (below in gallery) and photos were taken at the tail end of dry season which extends from December to May. Currently, the landscape is green and lush. There are several quiet beaches along the development with excellent surf breaks. Majestic humpback whales migrate between July and October, and the area is known worldwide as a fishing mecca. Area demographics are primarily distinguished European and North American owners. Properties range from private to secluded and share the expanse of the coastline including vistas of three gorgeous beaches; Playa Los Destiladeros, Playa Escondido and Playa Panamaes.

For more information about this property or the area please contact us as soon as possible. Panama welcomes foreign investors and presents many tax benefits. We can connect you to experts in the area who can assist you in structuring an estate in this area.

LICENSED BROKERS: A 40% referral fee will be paid by Open Doors for the procurement of the buyer. Please contact us directly to register your clients. Hurry, this can’t wait until after the holidays. It could be too late.