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VILLA SANTORINI — PRIVATE COASTAL RETREAT IN PLAYA BLANCA

$795,000
  • 8 Rooms
  • 6 Bathrooms
  • ~485 m² Living area

Description

Villa Santorini is a fully renovated and expanded private residence within Playa Blanca Resort in Rio Hato, Coclé, just a five-minute walk from the beach. Set on an 869 m² lot with 485 m² of construction, the property offers an exceptional combination of space, privacy and resort-style living. Designed to accommodate up to 12 guests, the villa features five bedrooms and 6.5 bathrooms, complemented by a private swimming pool, built-in fire pit, two social pavilions, an outdoor kitchen with BBQ and parking for up to six vehicles. The property was significantly expanded through the acquisition of an additional 315.06 m² of adjoining land, creating a rare sense of scale for Playa Blanca. Improvements include a perimeter wall with controlled access, a 60 m² additional room, a 10 m² utility room, a new pool with dedicated water tank and pump, and multiple independent outdoor entertaining areas. A Mediterranean-inspired aesthetic combines blue joinery, whitewashed walls, pale floors and artisanal mosaic details. An exterior structure adds a remarkable 120 m² ocean-facing upper terrace, creating an elevated setting for entertaining, relaxing and enjoying the coastal surroundings. The result is a private retreat with multiple social areas, mature landscaping and genuine privacy, while remaining within easy walking distance of the beach. The property has also been recognized as an Airbnb Guest Favorite and has operated as a short-term rental since 2023, generating growing revenue and covering operating costs and debt service in a normal year. Key Features • 869 m² lot • 485 m² of construction • 5 bedrooms • 6.5 bathrooms • Accommodates up to 12 guests • Private swimming pool • 120 m² ocean-facing upper terrace • Five-minute walk to the beach • Two social pavilions • Outdoor kitchen with BBQ • Built-in fire pit • 60 m² additional room • 10 m² utility room • Perimeter wall with controlled access • Parking for up to 6 vehicles • Mediterranean-inspired renovation • Additional 315.06 m² of adjoining land • Airbnb Guest Favorite • Established short-term rental operation since 2023
Features
Garage
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Engel & Völkers Panama City

Your advisor: Tina Punjabi

Property ID: AM-5532671

Property details
  • Object type

    Maisonette

  • Rooms

    8

  • Bathrooms

    6

  • Parking spaces

    6

  • Living area

    ~485 m²

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