New Hotel In Panama With 57 Rooms For Sale

Business description

This property is under construction and the expected delivery is January 2009 of this prime location, New Hotel. Hassle free with this unique development you can acquire a turn key operation with Best Western Franchise requirements and standards. (All ready purchase and approved by franchisor).
This Hotel is located in the prime Area of Espinar Colon 500 meter from a 5* Hotel Resort, Melia Panama Canal.
Is just 10 minutes from Zona Libre Colon the 2nd largest Free Zone in the world with sales estimated of 16 billion a year and 275,000 visitor/buyers.
The property has a big potential with the NEW expansion of the Panama Canal, since his location is just 7 km. from the Gatún Locks on the Atlantic Side. When the 3rd set of locks begin construction they are expecting more than 3,500 off shore personnel will arrive to this area for a period of 7 to 8 year with a grate potential for monthly and yearly rentals to engineers and supervisors for transnational companies.
The Hotel is located 10 minutes from the Port of Cristobal and Colon 2000 that received more 340,000 tourist on the last Cruise season and expected to increase this year, and December COLON will start as a HOME PORT for major Cruise Line ROYAL CARIBEAN. The hotel is located 1/2 mile from the Gatún Lake that up to recently was the largest man made lake in the world with abundant Bass fishing.
This property is in the Old Fort Gullick or Escuela de Las Americas, American Military Base.
Tourist Attractions are many but just to name a few
Fuerte San Lorenzo, Fuerte Portobello, Panama Canal Gatún Locks, Isla Grande a surfers paradise and many Caribbean beaches.
We are in the bird watching Path for migratory birds and grate Eco tourism.
Don’t miss these opportunity to Invest in Panama
The path Less Travel.

Law 8 tax incentives 20 years
Dont delay Panama is a hot market!

Costruction drawings available to serious enquires.

Franchise terms

Best Western Franchise-10 year cntract

Property information

Real Estate:

Real Property Included

Location:

Colon Free Zone Panama

Other information

Competition / Market:

No competition only mid-range price hotel in the Area

Reasons for selling:

Hotel Developer

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