Single Family Detached For Sale in Santa Catalina

Hostel in Playa Santa Catalina, Veraguas – 700 m² (0.173 acres) with a house on Ave. Central Discover this opportunity to own a property located in the heart of Playa Santa Catalina, one of Panama's most iconic destinations for surfing, diving, sport fishing, and ecotourism. The property features a 700 m² (0.173 acres) lot and includes a house currently used as a hostel, offering the perfect combination of a prime location, ready-to-use infrastructure, and immense potential for tourism and commercial development. The Google Maps location is as follows: https://maps.app.goo.gl/BMFrQ6nUdYRXAZsN7?g_st=iw Property Features • Lot: 700 m² (0.173 acres) strategically located on Avenida Central along the main road, ensuring high visibility and easy access. • Main house: o 3 spacious bedrooms. o Integrated living room, dining room, and kitchen. o 1 shared bathroom. o Terrace ideal for enjoying the tropical breeze. • Additional rooms: 2 independent rooms, each with air conditioning and private bathrooms. Currently rented at $200/month each, generating $400/month in passive income, which could be easily increased. • Covered parking: Space for 2 vehicles with access through two independent gates. • Infrastructure: Solid block construction, zinc roof with Gala tiles, laundry area, storage, water reserve tank, and access to internet, electricity, and communal water services. • Security: Fully fenced perimeter with chain-link fencing and two entry gates. Benefits of the Location – Santa Catalina, Veraguas Santa Catalina, located south of Soná in the Veraguas province, is globally recognized as Panama's best destination for surfing and diving. This small and charming town has become a magnet for tourists due to its blend of pristine nature, water activities, and tranquility. Key highlights include: • World-class surfing: With consistent waves perfect for surfers of all levels, Santa Catalina is considered a paradise for surf enthusiasts. • Coiba National Park: Just a short boat ride away, Isla Coiba offers world-class diving and snorkeling. Declared a UNESCO World Heritage Site, this marine park is home to an impressive biodiversity, including whale sharks, sea turtles, rays, and vibrant schools of tropical fish. • Sport fishing: The waters surrounding Santa Catalina are rich in species like tuna, wahoo, red snapper, and grouper, making sport fishing a highly popular activity. • Whale watching: Between July and November, the coasts of Santa Catalina become a prime spot to observe humpback whales, including the birth of their calves. A truly unforgettable experience for nature lovers. • Growing tourism infrastructure: With over 20 restaurants, 15 hotels and hostels, and 10 tour operators, visitors are guaranteed an unforgettable experience. Business Opportunities This property is perfect for its current residential use as a tourist hostel or for commercial projects. Some development ideas include: 1. Tourist rentals: The two independent rooms already generate consistent passive income. You could expand this offering by building more rooms or cabins to accommodate tourists. 2. Eco-hostel or guesthouse: The property is currently used as a hostel but could be upgraded. By converting it into a boutique hotel, you could capitalize on the region's tourism boom. 3. Local business: Its location along the main road is ideal for opening a café, restaurant, craft shop, or even a tourist information center or tour operator. 4. Event or retreat space: The terraces and open spaces could be adapted for activities like yoga, meditation, or small outdoor events. 5. Residential development: The property has zoning for residential or commercial use, allowing for the construction of up to 3 stories (ground floor + 2 additional floors). This means you could expand the current house to add more floors and rooms and build amenities like a pool, yoga studio, or restaurant for a tourist complex, hostel, hotel, or apartments. Recommendations to Maximize Potential • Short-term: Optimize existing spaces, improving terraces and creating attractive common areas for tenants or visitors. • Medium-term: Expand infrastructure with more rooms or even a small eco-lodge complex with a pool and a ranch with hammocks. • Long-term: Consider integrating a commercial space at the front of the property to attract both locals and tourists, such as a restaurant and/or souvenir shop. Make This Property Your Gateway to Paradise! Don't miss the chance to invest in one of Panama's fastest-growing tourist areas. Whether as your home, a commercial project, or a source of passive income, this property has everything you need to turn your dreams into reality.