This is an exceptional investment opportunity in the very heart of Panajachel, Lake Atitlan, Guatemala. Casa Loma provides fantastic potential to be transformed into a luxury hotel and/or high-end hospitality project only steps away from the world-famous Lake Atitlan. This strategic location is also only a block away from the main tourist area of Calle Santander full of restaurants, bars, cafes, stores, and banks. Casa Loma provides a versatile layout with a large restaurant space in the front, parking, and then various accommodation buildings that can be turn-key or developed. In the back is a garden space with pagoda, perfect for events and as a leisure space, or more development options.

The property has 15 meters of frontage on the street. It is entered next to the large restaurant space with kitchen which takes up most of this frontage. There is car access to a parking area and then there is: a 3-level building with 3 apartments with all facilities; a 2-level building with 2 en-suite bedrooms; and then another wood house with 1 bedroom and facilities. The garden space with a pergola is to the back of the property along with 2 secure bodegas. 

An excellent Turnkey, investment opportunity for a rare property located right in the centre of tourist destination town of Panajachel, and gateway to Lake Atitlan

LAND: 1,176.48m² / 12,664ft²
TOTAL CONSTRUCTION: 528.56 m² / 5,689ft²
Roadside Restaurant/Commercial Space/Local: 147.75 m² / 1,590ft²
3-Level Building with 3 Apartments: 164.74 m² / 1,773ft²
2-Level Building with 2 Bedrooms: 72.8 m² / 784ft²
Wooden House with 1 Bedroom: 31.78 m² / 342ft²
Pergola in Garden: 73.75 m² / 794ft²
2 Bodegas: 37.74 m² / 406ft²

National Grid DEOCSA

Muni Water & Sewage

Registered

Turnkey with fixtures, fittings & Equipment INCLUDED

3-hour drive from Guatemalan International Airport

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If you would like more information or to arrange a visit, please contact us. Please also take note that we need at least 2 days to arrange visits.