On the main floor we have a European style kitchen fitted with hardwood cupboards and walk in pantry that is adjacent to the indoor sun room with glass ceiling, water fountain feature and dinette. The kitchen is complete with fridge, two electric stoves, propane range, microwave, dishwasher, large island with sink. The living room and dining area all have extended views down the mountain valley with a 2 piece guest washroom. On the main floor is one of the two Master bedroom suites including a large 4 piece bathroom, separate shower and large walk in closet area. Off the living room behind the custom wood double doors is a media room which could also be used as a main floor office or study. The media room is complete with a 65” TV and stereo, comfortable large corner reclining couch, two bar fridges, fold down couch and credenza.
All main floor areas are tiled in a honey marble which adds a nice feeling of warmth to the openness of the ten foot high ceilings. There are eight large, screened sliding glass doors in the living room which, when opened, provide excellent ventilation. All sliding glass doors have sheer curtains with hidden tracks and roller blinds to block out the sun. There is an electric fireplace for added ambiance. The main floor has two black leather couches, wooden end and coffee tables, credenza, stand up bar with two bar stools, custom made wood dining table and seating for eight. There are multiple ceiling fans located throughout the home.
Also on the main floor level is a separate apartment (In-law residence) with private entrance complete with a generous kitchen, living and dining area, bedroom, 3 piece en-suite shower and large storage cupboards. The kitchen is complete with a gas stove, dishwasher, microwave and fridge.The main floor also has a shared laundry facilities with top load washer and propane dryer with multiple storage cupboards.
Upstairs is the second Master bedroom suite with 4 piece bath, separate shower, double sinks and large walk in wardrobe, dressing area, small safe and multiple built in teak shelves and drawers.The Master bedroom is fully air conditioned with an energy efficient A/C unit. The Master has a comfortable seating area with two custom made teak chairs. Between the master and the second bedroom / office is a library area with an entire wall of built-in book shelves. The bedroom / office comes with its own 3 piece en-suite shower. The office is furnished with a desk and built-in cabinets, shelves and also includes a large safe, telescope and weather station. The upstairs has panoramic views down the valley with a large terrace available to both rooms. The upstairs floor has black onyx porcelain tile including the master bathroom.
The lower level has gardener quarters including a three piece bathroom, mechanical room with water treatment facilities, propane 60 gallon hot water heater, separate storage room for dual 100 lb. propane cylinders with auto switch over and flammable material storage space. There is a good size enclosed area for either an art studio or gym next to the attached 4 vehicle carport that is tiled. At the bottom of the main stairs is a very large storage area complete with shelving and a separate lockable storage area or owners closet.
All doors are exceptional custom made hard wood designer doors along with wood stair treads and matching wood trim that gives the house the feel of exceptional quality. Much expense was incurred in the marble flooring and wood trimmings for the house. The outside terrace on the main floor are terrazzo mosaic and the upper decks are black onyx tile. The house feels very modern or contemporary but has a traditional feel and has no near neighbours which gives you a great sense of privacy. There is a full house 200 amp propane generator with large propane storage tank and automatic switch over. There is an advanced Honeywell security system with multiple door, window, smoke and motion detectors. The security system has wifi capability for remote monitoring. There is a complete set of digital and paper builders drawings.
The home is professionally decorated with all furnishings being high end pieces from Panama City, USA and Europe valued at over $100,000. All furnishings such as beds, sofas, chairs, tables, desks, shelving, credenza, TV’s, stereos, appliances, kitchen dishes, pots, pans, cutlery, carpets, curtains, art, paintings and wall hangings are included. (Current tenants items are excluded)
The property has been professionally terraced and extensively landscaped with many fruit trees including 3 California lemon trees, lime trees, bananas, plantain, papaya, three California grapefruit trees, avocados, breadfruit to name a few. There is an automated irrigation system sourced from spring water collected in an 8,000 gallon cistern. There are multiple flowering bushes and plants that attract many of Panama’s over 1,000 native birds.
Included in the house purchase is a transferable golf membership (value $10,000). Annual home owner fees are $2,325.00 USD which includes non-metered potable water, security, twice weekly garbage pick up and common area maintenance. There are two potable water storage tanks (total 1400 gallons) with pumping system and whole house water treatment filters and UV sterilization. The house is designed with a central staircase for the addition of an elevator.
Included in the house purchase is a Panamanian Corporation and Foundation which can cost up to $6,500 to establish. The annual Corporation fee is $600 and the annual Foundation fee is $550 payable to the registered agent.
About This Property:
Category: Single Family Home
Address: Villa 108, Valle Escondido, Boquete, Chiriqui, Panama
For Sale By: Owner, Orange Blossom Properties, Inc. / Grasse Foundation
Construction Year: 2004
Area: 6,500 Sq. Ft
Parking Spaces under cover: 4