Hotel Casa Miller Ave Central

Estación 5 de Mayo, Justo Arosemena Avenue, Panama City, Panama

For Sale $13,000,000.00
      • Bedrooms 69
      • Bathrooms 69
      • Size 7700 m2

      City

      4

      1910

      Hotel

      Air Conditioning

      Property Description

      Hotel Casa Miller is located near the 5 de Mayo Metro Station on Ave Central only a 15-minute walk from Ancon Hill. Open since 2017, the property is within a 14-minute walk of Bridge of the Americas, Canal Museum of Panama and Presidential Palace. Maracana Stadium is 2.1 km from the hotel and Metropolitan National Park is 3.4 km away. Casa Miller House hotel, the result is a boutique hotel with U.S. quality standards, great finishes, which offers accommodation at reasonable prices.

      This is the diamond of Panama. After almost two million dollars invested, with remodeling and restoration work, the Casa Miller hotel is up and running.  This three-story hotel has 66 luxurious rooms, each with kitchenette (refrigerator, microwave, coffee maker, stove and minibar) Jacuzzi’s, events room, bar restaurant, parking lots. In addition there are three luxury suites. All units comes with a flat-screen TV with satellite channels, a coffee machine, a hot tub, free toiletries and a wardrobe. With a private bathroom fitted with a bath and a hairdryer, certain units at the hotel also have a city view. All rooms will provide guests with a microwave.

      The buildings sits on a 1800m2 lot with distribution consists of the, ground floor lobby with offices, restaurant, bar, 1st floor 13 rooms, 2nd floor 53 rooms, events room, 40 plus parking spaces, and ground floor commercial space fully rented with over 50k monthly income.

      History

      A life of more than 107 years of the Casa Müller, as its history began in 1910, becomes relevant today with the Casa Miller hotel, which, although with a small variation in the name for the way Panamanians pronounce Anglo-Saxon words, does not It stops being fascinating because of how it was remodeled to adjust to the golden age of that house. In this place was the American Fair store, which ran from 2000 to 2005. There were rented casinos, bars, nightclubs and other shops. On the verge of selling the land, a group of investors decided to give it the luster it had at the beginning of the 20th century.

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