SUITES HOTEL & DETACHED RESTAURANT IN BOQUETE The Palo Alto Suites Hotel & Palo Alto Riverside Inn enjoys an enviable riverside location in Boquete’s prime properties area.
On approximately one and a half acres, the hotel has six exquisitely furnished suites, foyer, terrace, bar, fireplace living room and a family room on 6,000 square feet of construction. All suites feature dream soft bedwear on king sized beds, wireless internet access, mini bar, satellite television, DVD/CD player, oversized bathtubs, tropical rain showerheads and telephones, among other amenities. Two of the suites are equipped with additional beds with 2 additional beds on a loft that can comfortably sleep four guests in added privacy. One of the suites highlights a Jacuzzi for two.
The fully-equipped detached restaurant is located on a riverside 3,000 square meters villa sitting 60 customers within with additional al fresco riverside seating available. The restaurant, featuring gourmet cuisine, has been in existence for four years and enjoys an excellent reputation in the Chiriqui highlands.
This property qualifies under Panama Tourism Institute Law 8 with income tax exemption for five years, allowing furniture and fixtures duty-free imports for fifteen years, as well as additional incentives. There is ample space for future expansion.
Priced to sell at three million dollars.
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