$2,900,000

Time Out Cabins – Santa Catalina, Panama

  • 15 Beds
  • 4,306 Sqft
  • Updated: Today
  • 1

About the Property

A Unique Coastal Hospitality Investment in Santa Catalina
Discover Cabañas Time Out, a distinctive hospitality property in Santa Catalina, one of Panama’s most recognized destinations for surfing, diving, and ocean adventures. Combining guest accommodations, restaurant facilities, a swimming pool, and multiple residential buildings, this property offers an opportunity to acquire an established
A Unique Coastal Hospitality Investment in Santa Catalina
Discover Cabañas Time Out, a distinctive hospitality property in Santa Catalina, one of Panama’s most recognized destinations for surfing, diving, and ocean adventures. Combining guest accommodations, restaurant facilities, a swimming pool, and multiple residential buildings, this property offers an opportunity to acquire an established hospitality complex in a destination known for its laid-back atmosphere and connection to the Pacific Ocean.

Located in the Santa Catalina area of Río Grande, Veraguas, the property brings together the essential elements of a coastal retreat: comfortable accommodations, outdoor living spaces, and proximity to the ocean. Its existing buildings and additional development potential make it an interesting opportunity for investors looking to explore the hospitality and tourism market in Panama’s Pacific coast.

Property Features
The property includes 15 bedrooms, 13 full bathrooms, nine balconies, a swimming pool, a storage area, staff quarters with a bathroom, and parking for up to 12 vehicles.

The hospitality complex includes eight suites of approximately 38 m² each, providing an estimated total of 304 m² of guest accommodation, along with a restaurant of approximately 100 m² within a three-level building.

Additional structures include a reception and residential building of approximately 100 m², built around one year ago, as well as two additional houses with a combined construction area of approximately 400 m².

Private Oceanfront Residence
One of the property’s distinctive features is the owners’ main residence, located directly in front of the ocean. It features a wraparound balcony, a seven-person jacuzzi, a water feature, and stairs providing access toward the ocean.

Construction and finishing work on this residence remain incomplete, allowing the future owner to customize and complete the space according to their preferences and intended use.

The original hospitality buildings, including the three-level structure, restaurant, guest accommodations, and pool, are approximately 15 years old.

Experience the Santa Catalina Lifestyle
Santa Catalina offers a unique blend of Pacific coastal living, outdoor adventure, and relaxed surf-town charm. Known for its surf breaks and rich marine environments, the area attracts surfers, divers, nature enthusiasts, and travelers seeking an authentic connection with the ocean.

Activities include surfing, diving, fishing, boat excursions, and exploring the surrounding coastline. Nearby Coiba National Park, a UNESCO World Heritage Site, is a major attraction for marine exploration and biodiversity.

With its tropical surroundings, vibrant surf culture, and laid-back atmosphere, Santa Catalina appeals to visitors seeking experiences beyond traditional resort destinations.

An Opportunity to Create Something Distinctive
With multiple accommodations, restaurant facilities, a swimming pool, residential buildings, and an oceanfront main residence, Cabañas Time Out offers the potential to develop a distinctive hospitality concept.

Whether envisioned as a boutique coastal retreat, a surf-focused destination, or a hospitality property combining guest accommodations with private residential spaces, the complex offers existing infrastructure and opportunities for further customization. The unfinished oceanfront residence provides additional potential, subject to applicable permits and requirements.

For investors seeking a hospitality asset on Panama’s Pacific coast, Cabañas Time Out presents an opportunity to explore the tourism potential of a destination celebrated for its surf, marine life, and natural beauty.

Asking Price: US$2,900,000
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  • Property type

    Other

  • Price/sqft

    $673

Features

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Outdoor

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Santa Catalina, Veraguas Province, Panama View on Google Maps
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Nicole Perez

Joined 3 years ago
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Nicole Perez
Panama
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Nicole Perez Nicole Perez background
18
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2024
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Engel & Völkers Panama City
Engel & Völkers Panama City
0101, Panama City, Panama
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Last updated
Today
First listed
October 28
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Listing reference
AM-5538583
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