7-bedroom 4-bathroom beach house located in Nueva Gorgona, near Panama City

Motivated Seller

Priced to Sell

Income Producing

Property Details

Property ID: 35976
Status: For Sale
Location: Gorgona
Property Type: Duplex
Sale Price: $ 345,000
HOA Fee: $ 145
Year Built: 2014
Unit Number: 18
Built Area: 300 m2
Total Area: 400 m2
Bedrooms: 7
Bathrooms: 4
Parkings: 1
Title Status: Horizontal Property Title
Date Published: Sep 8, 2023
Updated: Oct 5, 2023
Times Viewed: 8687

Property Description

For sale is this spectacular beach house located in Nueva Gorgona Beach, neighbour to Coronado, where you will find shopping malls, restaurants, and active ex-pat groups.

The 7-bedroom /4-bathroom beach house is very attractively priced and produces a yearly income of over $24,000.

The duplex offers a total of 7 bedrooms, 4 bathrooms, and 3 kitchens:

The 5-bedroom rental apartment on the ground floor can be used as 2 separate units with 3 and 2 bedrooms, respectively. with individual entrances.
A separate unit with 2 bedrooms on the upper floor.

With a total constructed area of 300 square metres, you have various options. The former owners, for instance, lived on the top floor and rented the 2 lower units. But you can do it vice versa or rent all or use it as a private house.

Further advantages are

proximity (only one hour's drive) to Panama City
within walking distance of the International school, super markets, clinics, and shops. And 7 minutes drive to Coronado!
a communal swimming pool right outside your front door
safe, gated community in a lively area.

Appraised at $450,000, it is for sale at $ 345,000.