Commercial in Playas - Playas, Veraguas[PA]

003364759016 - HIGH POTENTIAL HOSPITALITY INVESTMENT | FORMER HOTEL & RESTAURANT | PUNTA DUARTE, MORRILLO, MARIATO, VERAGUAS - HIGH POTENTIAL HOSPITALITY INVESTMENT | FORMER HOTEL & RESTAURANT | PUNTA DUARTE, MORRILLO, MARIATO, VERAGUASPRICE: US$695,000A substantial former hotel and restaurant property in Punta Duarte, within the Morrillo area of Mariato, Veraguas, offering an exceptional value-add opportunity in a beautiful Pacific setting.Punta Duarte and the surrounding Morrillo area are known for their dramatic Pacific coastline, lush tropical landscape, mountains, beaches and strong connection to nature. The area attracts visitors seeking a quieter coastal experience, with opportunities for surfing, outdoor activities, nature tourism and wellness. Torio, approximately 6 km away, provides access to local services and amenities, while the property's setting offers the privacy and natural surroundings that make this area particularly attractive for a boutique hospitality or retreat concept.Set on 4,706 m² of land with approximately 1,079 m² of total built surface, the property includes 9 guest rooms, restaurant and hospitality infrastructure, a 15-metre swimming pool, poolside bohío, large parking area and an established permaculture food forest.PROPERTY HIGHLIGHTS* 4,706 m² of land* Approximately 1,079 m² total built surface* 9 guest rooms with en-suite shower/bathroom facilities* Restaurant, bar, commercial kitchen and bakery preparation area* Former spa facilities* 15-metre swimming pool with poolside bohío* Large on-site parking area* Established permaculture food forest with mature fruit trees* Property arranged across three levels with private internal road* Panoramic views of the Pacific Ocean, Cerro Hoya, Mata Oscura, Los Islotes and surrounding mountains* Private approximately 220-foot well with pressure-tank system and reserve water storage* Three separate septic systems* Private 48 kW electrical transformer* Generator changeover switch already installed* Existing air-conditioning units included* Pool equipment, water pumps and two water heaters included* Skynet internet currently available* Tigo and Más Móvil mobile coverage* Approximately 200 m from the paved road* Approximately 6 km from Torio* No HOAVALUE-ADD OPPORTUNITYThe property requires remodeling and furnishing, making it ideal for an investor or operator looking to create a boutique hotel, eco-lodge, wellness retreat or nature-based hospitality destination.With substantial existing infrastructure, extensive land and a prime natural setting, this property offers a strong foundation for redevelopment and will be worth substantially more than its current acquisition price once properly renovated and repositioned.PRICE: US$695,000