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Sol Y Mar Restaurant and Hotel for sale in Santa Catalina Panama
Sol Y Mar Restaurant and Hotel for sale in Santa Catalina Panama
Sol Y Mar Restaurant and Hotel for sale in Santa Catalina Panama
Sol Y Mar Restaurant and Hotel for sale in Santa Catalina Panama
Sol Y Mar Restaurant and Hotel for sale in Santa Catalina Panama
Sol Y Mar Restaurant and Hotel for sale in Santa Catalina Panama
Sol Y Mar Restaurant and Hotel for sale in Santa Catalina Panama
Sol Y Mar Restaurant and Hotel for sale in Santa Catalina Panama
Sol Y Mar Restaurant and Hotel for sale in Santa Catalina Panama
Sol Y Mar Restaurant and Hotel for sale in Santa Catalina Panama
Sol Y Mar Restaurant and Hotel for sale in Santa Catalina Panama
Sol Y Mar Restaurant and Hotel for sale in Santa Catalina Panama
Sol Y Mar Restaurant and Hotel for sale in Santa Catalina Panama
Sol Y Mar Restaurant and Hotel for sale in Santa Catalina Panama
Description
Amenities
Sol y Mar Hotel and Restaurant

This Restaurant and Hotel for sale in Santa Catalina, Panama, is a 16 year old project started from scratch by the owner/operator Luis da Silva. He has just finished 3 extra rooms ! The hotel for sale is fully equipped and fully licensed. It’s a well-known business in walking distance of the Panama world class surfing, fishing and diving.

The 10.000 m2 garden is fully landscaped with well kept grass areas. It has tropical fruit trees, wood trees like teak and mahogany and beautiful ornamental plants and tropical flowers. The hotel is 100% self-sustainable and there is room for expansion. A new swimming pool was installed in 2014 and the hotel revenue is estimated to go up 30% with the new units ! The buildings are spread over different terraced areas of a hill, with beautiful views of jungle, ocean, islands and the Punta Brava surf spot. The Sol Y Mar Restaurant & Hotel for sale is located on the main street in Santa Catalina Panama. It is set on the hill overlooking the surf, on only 5 min walking from Santa Catalina Beach. Because its on a hill with fully mature trees, it is totally private and quiet.  Surf spots closely are Estero beach-break, a beautiful beginners beach, Punta Rocas and more…

An official appraisal was done on the property, which valued the land and structures at just over one million dollars ( without giving any value to the business or furniture ! ) The owner is also interested in selling 50% and re-investing part to expand the business ! The price is just reduced to sell quickly!

The hotel for sale also offers a small deposit, the reception area, a staff house and owners house. The cabins, which are 9 en-suite rooms are each fully equipped. They offer a/c, satellite tv, a private bathroom with hot shower, mini-fridge, two double beds and two futons and a shared kitchen on terraces. There is a beautiful restaurant/bar with commercial grade kitchen, pool table, ping-pong, internet, new swimming pool etc. All buildings are fully equipped, decorated and well maintained.

There are lots of extra features in this restaurant and hotel for sale in Santa Catalina.  There are steps on the slope of the hill going to all cabins, a cement road, a private deep water well and pump houses, underground water tanks and parking lots. All water pipes and electrical wires are underground for no visual impact. The property is fully titled, business 100% legal with all taxes payed. There are many repeat guests and excellent reviews.

Due to rapid touristic development and interest, the government has recently paved the road to Santa Catalina and has planned the building of an air strip only 5 Km away from Santa Catalina. You are close to restaurants, dive centers and the departure point for boats going to Coiba National Park. Coiba National Park is a declared world Heritage Site by the Unesco. It is an amazing unexplored Island where world class snorkeling, diving and fishing exceed visitors expectations. In the water you can see sharks, manta rays, whale sharks, Humpback and pilot whales. Turtles, barracudas, whaoo, grouper, snapper, hundreds of species of tropical reef fish and amazing corals can be found there too. On the rivers, you can discover salt water Crocodiles and fresh water fish. On land you can enjoy the Monkeys, Deer, Scarlet Macaws and many other mamals, birds, insects and reptiles. A real extra reason for tourists to stay at this hotel for sale in Santa Catalina.

Sol y Mar Hotel and Restaurant Amenities
  • Surf Views
  • Ocean Views
  • Walk To Surf
  • Walk To Town
  • On-site Management
  • Close To Schools
  • Gated Access
  • Titled
  • Commercial Rights
  • Development Options
  • Rental Potential
  • Rental History
  • Fully Furnished
  • Private Pool
  • Resort Amenities
  • Water Well
  • Owner Financing

Sol y Mar Hotel and Restaurant

$1200000
Sol y Mar Hotel and Restaurant