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Lucero Club 1R4, Boquete, Chiriqui, Panama

View Smart Contracts: Eth Gnosis

Total Investment: $ 649,344.00

Reg S: Non-U.S. Only

This property is not available for purchase in your area.

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Property Highlights

  • Expected Income

    8.03% Not Rented

    Not including capital appreciation

  • Income per Token

    $ 4.07 / year
  • Income Start Date

    N/A
  • Token Price

    $ 50.73
  • Total Tokens

    12,800

All financial statements of property yield are best estimates based on current conditions, and can change at any time.

We are targeting the above yield for investors; however, no assurance can be given that you will obtain any return on investment, and there is a risk that you can lose your entire investment.

  • Property Type

    Single Family
  • Full Address

    Lucero Club 1R4, Boquete, Chiriqui, Panama
  • Country

    Panama
  • Source

    RealT
  • Neighborhood

    Jaramillo
  • Construction Year

    2009
  • Bedroom/Bath

    3 Beds / 3.5 Baths
  • Rental Type

    Long-term
  • Rented?

    No
  • Rent Subsidy?

    No

Property Financials

  • Gross Rent / year

    $ 61,200.00
  • Gross Rent / month

    Not Rented $ 5,100.00
  • Monthly Costs

    - $ 755.00
    • Property Management (8.00%)
      - $ 408.00
    • RealT Platform (2.00%)
      - $ 102.00
    • Maintenance Expenses
      - $ 200.00
    • Insurance
      - $ 45.00
    • Utilities
      Tenant-paid
  • Net Rent / month

    $ 4,345.00
  • Net Rent / year

    $ 52,140.00
  • Total Investment

    $ 649,344.00
    • Underlying Asset Price
      $ 570,000.00
    • Sourcing Fee (10%)
      $ 64,934.40
    • Initial Maintenance Reserve
      $ 1,860.00
    • Initial Renovation Reserve
      $ 3,000.00
    • Administrative Fees
      $ 9,510.00
    • Unrounded Listing Price
      $ 649,304.40
    • Rounding Difference
      $ 39.60
  • Expected Income

    Not Rented 8.03%

    Not including capital appreciation

Property Details

  • Lot Size (sqft)

    37,964
  • Foundation

    Concrete
  • Exterior Walls

    Concrete
  • Roof Type

    Tile
  • Interior Size (sqft)

    5,381
  • Heating

    Central
  • Cooling

    Central
  • Building Class

    A
  • Renovated

    Yes

Blockchain

  • Identifier

    REALTOKEN-PA-SE-LUCERO-CLUB-1R4-BOQUETE-CP
  • Total Tokens

    12800

Gnosis Chain

Ethereum

Test Renovation content!

Offering Details

  • Offering Date

    January 11, 2024
  • Issuer

    RealToken International Lucero Club 1RA S.A.
  • Min. Investment Amount

    $50.73
  • Max. Investment Amount

    $649,344.00
  • Amount Raised

    $649,344.00
  • Offering Percent (of Total Tokens)

    100.00%

About the Property

1R4 Lucero Club

Located in the exclusive Lucero Golf and Country Club, a distinguished gated community in the gorgeous mountain town of Boquete, this fully-furnished home offers 3 generously-sized bedrooms and 3.5 bathrooms. The delightful kitchen showcases custom wood cabinets, granite countertops, stainless-steel appliances, and ample storage space. The well-designed floor plan seamlessly connects the indoor and outdoor entertaining areas, with a covered terrace offering ample space for socializing or enjoying the fireplace. The property offers a truly refined living experience, with attention to detail evident throughout its design.

Tenants can stay active with amenities such as an executive-style lap pool, an international restaurant, and access to golf and tennis courts, all conveniently located inside the country club. Boquete’s downtown is a mere 20-minute drive away, offering residents the advantages of a secluded and exclusive atmosphere while still being within a short distance of the town center. This Boquete property is the second addition to RealT’s Panama portfolio, showcasing the expansion of our international real estate offerings.

Token holders can anticipate an 8.03% expected rental income from this beautiful property, which was acquired for $570,000. The listing price includes a $3,000 renovation budget allocated for deferred maintenance, ensuring that the property remains in optimal condition for residents to enjoy the upscale features and amenities it offers.

Map

Why Boquete?

Invest Right

Boquete is a charming mountain town in Panama’s Chiriquí province. Characterized by a pleasing climate, green landscapes, and serene mountainous terrain, Boquete symbolizes a laid-back and uncomplicated lifestyle. The town exposes stunning views of the Barú volcano, the Caldera River, and streets adorned with an abundance of flowers in various shades. Sidewalks are lined with artisanal markets showcasing local produce, crafts, and hosting a mix of hostels, restaurants, and coworking spaces. With distinctive, lush vegetation, the town is a true standout even amid the beauty of Panama.

Boquete’s international community attracts a diverse population of Europeans, Americans, and Canadians, fostered by the town’s affordability. Its appeal extends to digital nomads, drawn to its chilled, misty weather. The spring-like climate complements the town’s active and outdoorsy population. Boquete experiences a dry season from mid-December to mid-April, transitioning into a rainy season from mid-April to mid-December. The Boquete real estate scene offers a wide range of options for those looking for a serene and rejuvenating home, such as cozy cottages or big mansions with beautiful gardens. This town offers cuisine representing every nationality, trendy bars, medical clinics, massage studios, beauty salons, grocery stores, and every other necessity and convenience one could desire — all conveniently located nearby. 

The Interests, in the form of Series #1 RealTokens and future series of RealTokens, being offered are highly speculative in nature, involve a high degree of risk and should be purchased only by persons who can afford to lose their entire investment. There can be no assurance that the Company’s business objectives will be achieved or that a secondary market would ever develop for the Interests, whether via the RealToken Website, via third party registered broker-dealers or otherwise. Investing in private placements requires high risk tolerance, low liquidity concerns, and long-term commitments. The Interests being sold are not FDIC insured, may lose value, and there is no bank or other guarantee.

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