Description
Located just a few hours from Panama City, Mar & Oro is an exclusive boutique hotel on Contadora Island, offering private access to the idyllic Cacique Beach. This unique property features sixteen rooms, a restaurant, and a beach bar, making it the perfect place for those looking for a luxurious and tranquil beachfront retreat.
Hotel Features:
3 premium suites, designed to offer maximum comfort.
5 family rooms ideal for groups or families.
8 double rooms, cosy and well equipped.
Expansion potential for 6 additional bedrooms.
Room prices range from $190 to $375.
The property also includes staff quarters, a fully equipped kitchen, and a laundry area to facilitate the operation of the hotel. Some of the rooms are powered by solar panels, and the water comes from both public irrigation systems and an in-house private desalination plant.
With breathtaking views, this hotel offers great potential for growth, ready to be transformed into a five-star luxury property.
New Island Improvements:
Recently installed desalination plant and water treatment system.
Airport expansion and improvement.
Reconstruction of the road and water drainage systems.
New ferry terminal with daily departures to Panama City.
The Miraolas Restaurant, overlooking Cacique beach, is the ideal place to enjoy a relaxed lunch, with three to four shifts daily. The restaurant also has significant growth potential, as it can increase the dining service through a new and exquisite menu that will attract more customers from other areas of the island.
For its part, the Cacique Beach Bar offers an informal menu by the sea, with ceviche, burgers and salads, accompanied by our famous Pina Coladas and assorted cocktails.
Total Price: $5.7 million USD (includes land and hotel infrastructure).
Why invest in Panama in the hospitality sector?
The hospitality sector in Panama has shown steady growth thanks to its stable economy and the favourable tax incentives that the government offers to investors. The tourist market continues to expand, with areas such as Isla Contadora receiving more and more visitors interested in unique experiences in front of the sea. With the proven income potential offered by this type of property, along with Panama's modern infrastructure and strategy as an international tourism destination, investing in this sector offers a great opportunity for high returns in the long term. In addition, direct access to the beach and constant improvements on the island, such as the new ferry terminal and airport expansion, ensure that the property appreciates quickly.
