Villa at 50 Calle Narciso Garay, Panama City

$ 3,700,000
50 Calle Narciso Garay, ,

Overview

  • Updated On:
  • June 25, 2022
  • 4 Bedrooms
  • 5 Bathrooms
  • 5 Garages
  • 929 m2

Description

The neighborhood is considered the finest and most prestigious area of the city, many embassies have offices and residences here. San Francisco is the heart of the city. It is where the banking, hotel, and financial districts are located. And Altos Del Golf is a quiet oasis in the city. Taxi and bus service is convenient to the neighborhood, as are hospitals, restaurants, malls, and grocery stores

Today every aspect of this home and property is new, built to North American standards.

The home has the potential for being an embassy residence, corporate headquarters, or a luxury private residence. The home and grounds could easily accommodate 2-3 hundred guests.

The main house has 4 bedrooms leading to either a balcony or terrace, each with ensuite baths, there are two additional half baths. Additional rooms include a huge formal dining or conference room, oversized kitchen with two room pantry, family dining area, living room, family room, utility/laundry room, wine cellar. All rooms have French doors leading outdoors. The master bedroom has a private dressing area, walk-in closet, huge bath area, private throne room, and french doors to the terrace where there is plumbing for a future spa.

The garage could easily accommodate up to 5 cars. Entry from the garage to the house is via two separate entries.

Existing pool was redesigned and coated in Diamond Bright, new pump and filter, and the newly constructed pool house has a shower, pump room, storage room, and area for BBQ, upstairs rooms are protected from sun and rain with terracotta roof overhangs. A new set of architect drawings are included.

The purchaser could easily resell this property for a profit. The land value alone is $2.5 Million. The lot is slightly over a half acre or over 2023 square meters. The living area is an estimated 10,000 square feet or about 929 square meters.

For 3.7M this is truly an opportunity not to be missed!

Address: 50 Calle Narciso Garay
State/County:
Country: Panama
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Property Id : 254624
Price: $ 3,700,000
Property Size: 929 m2
Property Lot Size: 2,023 m2
Bedrooms: 4
Bathrooms: 5
Garages: 5
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Philip James Schlesinger