168 Calle De Los Caballeros
Coronado Golf, Panama
4950-sqft 2 Unit Estate
Selling Absolute Regardless of Price
No Minimums, No Reserves
Live Online Auction
Thursday June 1st 2023
1:07pm CDT (Panama)
168 Calle De Los Caballeros
Coronado Golf, Panama
4950-sqft 2 Unit Estate
Selling Absolute Regardless of Price
No Minimums, No Reserves
Live Online Auction
Thursday June 1st 2023
1:07pm CDT (Panama)
Auction Details
Auction Type: Absolute Auction
Auction Location: Live bidding- place your bid today!
Bidding Ends: May 1st @1:07pm CDT (Panama)
Fees & Commission
Bid Deposit: $10,000
Premium: 10%
Broker CO-OP: 2.5%
Earnest Money: 10% of total contract price
Preview Dates:
Friday May 12th 4:00-6:00 pm
Saturday May 13th 1:00-3:00 pm
Sunday May 14th 11:00-1:00 pm
Friday May 19th 4:00-6:00 pm
Saturday May 20th 1:00-3:00 pm
Sunday May 21st 11:00-1:00 pm
Friday May 26th 4:00-6:00 pm
Saturday May 27th 1:00-3:00 pm
Sunday May 28th 11:00-1:00 pm
Auction Details
Address:
168 Calle De Los Caballeros
Auction Type:
Absolute Regardless of Price No Minimums, No Reserves
Auction Location:
Live Online Auction
Bidding Starts:
June 1st at 1:07 pm
Fees & Commission
Bid Deposit
$10,000
Buyers Premium:
10%
Broker CO-OP:
2.5%
Earnest Money:
10% of total contract price
Preview Dates
Friday May 12th 4:00- 6:00pm
Saturday May 13th 1:00-3:00pm Sunday May 14th 11:00-1:00pm
Friday May 19th 4:00-6:00pm
Saturday May 20th 1:00-3:00pm Sunday May 21st 11:00-1:00pm
Friday May 26th 4:00-6:00pm
Saturday May 27th 1:00-3:00pm Sunday May 28th 11:00-1:00pm
(CDT PANAMA)
PROPERTY HIGHLIGHTS
Imagine waking up to the sound of birds and a fresh ocean breeze while living within walking distance of beautiful sandy beaches, on a unique golf and beach resort in Panama: Your own slice of paradise.
Well, that day may be closer than you think. Don’t miss your chance to bid, buy and own this hidden gem.
This Spanish colonial style, 6-bedroom property is up for absolute auction, no minimum, no reserve, will sell to the highest bidder regardless of price on June 1st @ 1:07PM (Panama CDT) via online auction.
Are you looking for your dream luxury vacation home, retirement destination, or international investment? Look no further-
Experience the perfect blend of a resort lifestyle and carefree, peaceful living in this tropical paradise.
Play golf on one of the most prestigious golf courses of Latin America. Enjoy a fun game of tennis or pickle ball with your new friends. Work out at the gym, have a nice dinner at the restaurant, a drink at the bar with live music or relax at the spa or private beach club.
Come see this stunning home located on the Coronado Golf & Beach Resort for yourself.
Beautifully renovated with brand new German kitchens, modern bathrooms, high ceilings, a large patio that spans the home, an outdoor barbecue area and much more to enjoy.
The property is perfect for those looking to retire, want an income generating vacation home, a live-in investment property or for those who’d like to diversify their portfolio internationally.
Unlike real estate in the United States and Canada Panama offers high quality living at an affordable price. Your dollars go a long way. It is also a great Airbnb or vacation rental property. It comes fully furnished and equipped and is move-in ready!
This 4950-sqft 6-bedroom 3-bathroom Spanish colonial style estate consists of 2 separate units, which means you can treat friends and family to a divine tropical getaway, without giving up the privacy of your own home. Of course, you can also rent one or both units on Airbnb to generate additional income.
Each unit has its own entrance, living area and kitchen, but it can also easily be enjoyed as one large home.
The “Master” unit has 3 bedrooms, 2 bathrooms with a wonderful kitchen, modern bathrooms, a private barbecue patio at the back and rustic terra cotta tile floors. The highlight is the large master bedroom with a great walk-in closet and a balcony from where you can enjoy the nice view from your hammock. The second unit has 3 bedrooms, 1 bathroom, with its own German kitchen, and is spacious enough to host a family.
Whether this property is your perfect investment or retirement home, it is definitely one you don’t want to miss.
This is your chance to create the life of your dreams!!
Bidding Begins In
PROPERTY HIGHLIGHTS
Imagine waking up to the sound of birds and a fresh ocean breeze while living within walking distance of beautiful sandy beaches, on a unique golf and beach resort in Panama: Your own slice of paradise.
Well, that day may be closer than you think. Don’t miss your chance to bid, buy and own this hidden gem.
This Spanish colonial style, 6-bedroom property is up for absolute auction, no minimum, no reserve, will sell to the highest bidder regardless of price on June 1st @ 1:07PM (Panama CDT) via online auction.
Are you looking for your dream luxury vacation home, retirement destination, or international investment? Look no further-
Experience the perfect blend of a resort lifestyle and carefree, peaceful living in this tropical paradise.
Play golf on one of the most prestigious golf courses of Latin America. Enjoy a fun game of tennis or pickle ball with your new friends. Work out at the gym, have a nice dinner at the restaurant, a drink at the bar with live music or relax at the spa or private beach club.
Come see this stunning home located on the Coronado Golf & Beach Resort for yourself.
Beautifully renovated with brand new German kitchens, modern bathrooms, high ceilings, a large patio that spans the home, an outdoor barbecue area and much more to enjoy.
The property is perfect for those looking to retire, want an income generating vacation home, a live-in investment property or for those who’d like to diversify their portfolio internationally.
Unlike real estate in the United States and Canada Panama offers high quality living at an affordable price. Your dollars go a long way. It is also a great Airbnb or vacation rental property. It comes fully furnished and equipped and is move-in ready!
This 4950-sqft 6-bedroom 3-bathroom Spanish colonial style estate consists of 2 separate units, which means you can treat friends and family to a divine tropical getaway, without giving up the privacy of your own home. Of course, you can also rent one or both units on Airbnb to generate additional income.
Each unit has its own entrance, living area and kitchen, but it can also easily be enjoyed as one large home.
The “Master” unit has 3 bedrooms, 2 bathrooms with a wonderful kitchen, modern bathrooms, a private barbecue patio at the back and rustic terra cotta tile floors. The highlight is the large master bedroom with a great walk-in closet and a balcony from where you can enjoy the nice view from your hammock. The second unit has 3 bedrooms, 1 bathroom, with its own German kitchen, and is spacious enough to host a family.
Whether this property is your perfect investment or retirement home, it is definitely one you don’t want to miss.
This is your chance to create the life of your dreams!!
________GALLERY________
____________________GALLERY____________________
At- A Glance
Turnkey ready- fully furnished and equipped!
Cell Service
High Speed Internet
Propane Gas
Air Conditioning
Septic Tank
Well
Parking Accommodates 8 cars
Remodeled in 2018
Lot size 15,000 sq.ft
Building size 4,950 sq.ft
Club Fees $350/mo comes with $50 food voucher
Airbnb annual income $15,000-$25,000 USD
GOLF BEACH CLUB AMENITIES
The Coronado golf course is beautiful, well-established, and well-maintained, offering an exciting experience for golf players of all levels, with majestic trees, creeks, and ponds. Boast about your game at the 19 the hole refreshment bar.
Besides playing golf, you can swim laps in the Olympic size pool, play tennis or pickle ball or work out in the gym. If you’re more in the mood to relax, enjoy sunbathing at the pool bar, be pampered in the spa, or enjoy a cocktail in the horizon pool at the private beach club.
There are three restaurants on the resort with great food, often with live music in the weekend. Order a pizza at the pool restaurant, dress up for an a-la-carte dinner with piano music, have lunch at the beach club or enjoy the delicious breakfast buffet on Sundays.
THE COMMUNITY
The home is located on the Coronado Golf & Beach gated resort and has 24/7 patrolled security, so you can have peace of mind. Looking to connect with others? The local area is home to a large community of English-speaking retirees and ex-pats who embrace the Panama lifestyle and are welcoming new friends with open arms.
Bidding Begins In:
All property measurements are approximate. All information on this website was delivered from sources believed to be correct, but not guaranteed. It is the buyer’s responsibility to verify all property specifications prior to the auction date. Prestige Real Estate Auction, LLC is an agent of the seller. Announcements take precedence over printed materials. Not available to residents of any state in which this real estate is not in compliance with the real estate laws or other laws of that state
Coronado, Panama
Coronado is a popular beach town located on the Pacific coast of Panama about an hour drive from Panama-City loved by foreigners and Panamanians alike. You have access to several big supermarkets, banks, stores, coffee shops, pharmacies, dental care, veterinary clinics, a cinema, a health food store, and a variety of great restaurants. The San Fernando clinical hospital in Coronado, is one of the most recommended private clinics in Panama as it offers quality care and highly qualified medical staff.
Coronado provides the ideal mix of first-class living and activities combined with beautiful nature – from kilometers of relaxing soft sandy beaches to a wide variety of tropical bird and plant life including many fruit trees like mango, banana, and coconut trees.
There is a local fishing community at just 10 minutes’ drive where you can charter a fishing trip or meet the fisherman on the shore to buy their freshly caught fish. Or if you are more of the adventurous type, you can go horseback riding or quad biking in El Valle de Anton, in the crater of an extinct volcano surrounded by mountains and cloud forest.
Why Live Here?
"I love the neighborhood and our neighbors. The area is completely established and full of greenery. In the mornings I go for a jog ion the beach and can breathe fresh air. It's far away from the busy roads, so there in no noise pollution, waking up to tropical bird song every day."
KATE
"My life feels like a holiday living on the golf course and making so many friends at the clubs. Security is high in this double gated community and stress levels are low. This is truly a dream come true to live in class and style. Far away from any winter snow, with every day a summerday."
JOHN
Location
CONTACT
Janelle Karas
Prestige Real Estate Auction
Janelle Karas commenced her Real Estate career in 1989 in “list and sell” Real Estate, and has been involved in the mortgage industry, real estate development and investing. Since June 2002, Janelle has worked exclusively in the Real Estate Auction industry and has successfully sold hundreds of properties in the Western United States via auction.
- Auctioneer
In Partnership with Valeria Batista- Local Agent License #4510
TERMS & CONDITIONS
Property Address:168 Camino de Los Cabelleros, Corondao, Panama Absolute Auction: No Minimums, No Reserves
Bidders Registration: All prospective buyers must register to bid. An initial deposit of$10,000USD in the form of a wire transfer payable to-Prestige Real EstateAuction, LLC orTanya Coronado |PTY Lawyers| Coronado Panama will be required to bid in the auction along with a signed Terms and Conditions, Property Information Package Receipt, Bidder Registration Card and Initial Bid Form. The$10,000USD deposit will be immediately returned in the event the bidder is unsuccessful. (Please call for wire instructions). Registration must be completed48 hours prior to the auction.
Initial Bid:To register you are required to submit an initial bid. Once prospective buyers place initial bids and the auction company formally commences the auction, each initial bid is binding on the respective prospective buyer.
Buyer’s Premium:A10%Buyer’s Premium will be added to final bid and included in total Contract Price.
Earnest Money Deposit:10%non-refundable earnest money deposit will be due immediately after being declared the winning-bidder. The remainder of the earnest money deposit (above the initial deposit) must be sent via wire transfer toTanya Coronado |PTY Lawyers| Panama Coronado. Wire transfers must post within 24 hours after being declared the winning-bidder. This amount will be applied to the purchase price and will be deposited in the attorney’s trust account.
Purchase Contract: Winning-bidder hereby agrees to enter into an Auction Buy/Sell Contract to Purchase the property immediately upon being declared the Winning-Bidder by the Auctioneer.
For on-line bidders: upon the close of the auction the winning-bidder will be forwarded via email an Auction Buy/Sell Contract to Purchase the property for electronic signature. Purchase Contract must be signed and returned, along with earnest money deposit, with in than 24 hours from being declared the winning-bidder or will forfeit their initial deposit.
Closing:The remaining balance of the Contract Price is due in cash or new loan at closing within 30 days of the close of the auction.Transfer of Title. Seller shall convey the Property by means of a public deed transferring the title of the property to the Buyer. The legal description contained in the deed shall be the same legal description listed in the Public Registry of Panama.No Financing Contingency:By participating in this auction, bidders hereby agree that their bid shall NOT be subject to the bidder’s ability to obtain financing and there are no financing contingencies.
Bidder Information Package: A Package of information has been assembled for this property and may include; disclosures, title documentation,HOA Docs, surveys, inspection reports, etc.
Property Previews: Public Previews are scheduled on specific dates and times. It is highly recommended that all bidders personally inspect the property prior to placing any bids in the auction. Property inspections are the sole responsibility of the bidders.
Conduct of Auction: Conduct of auction and bidding increments are at the discretion of United Country Real Estate-Prestige Auction, LLC. United Country Real Estate-Prestige Auction, LLC reserves the right to deny any person admittance to the auction.
Broker Participation Invited: Seller is offering a 2.5%Broker CO-OP to the broker that brings the successful high bidder. Brokers must register their buyer 48 hours in advance subject to establish PrestigeReal EstateAuction, LLC guidelines.
Contact our office for more information 877-612-8494.AUCTION TERMS & CONDITIONS This form has NOT been approved by any state agency or commission. It was created by legal counsel solely for the use of Prestige Real Estate Auction, LLC.
Disclaimer: All information provided is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. Information is subject to change without notice.Real estate is being sold "As-Is,Where-Is" with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to bidding. All information is deemed reliable but not guaranteed-you must do your own due diligence
.Disclaimer:Prospective buyer’s submission of registration documents doe snot constitute commencement of the auction or a guarantee that the auction for all or any of the property will occur. The auction will formally commence when the auctioneer places first bid whether live, webinar or online. Seller and/or auction company has the right to extend the auction date and/or withdrawal any or all the property prior to commencement of the auction. Seller has the right to accept or reject any offers to purchase all or any of the property prior to commencement of theauction.Uponcommencement of the auction,property will sell to the highest bidder including Buyer’s Premium regardless of price
Bidding Begins In
Prestige Real Estate Auction
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Suite 318
Denver, CO 80224
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Phone: 877-612-8494
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