TITLED High demand Eco-Lodge/B&B, 5 min. to Bocas Town

📍Bastimentos Island                                                                              $279,000us 

  Description:       See Video  ▾ 

Punta Rica Eco-lodge is located on a hilltop surrounded by lush, virgin rain forest on Bastimentos Island in the vicinity of Bastimentos National Park, featuring a spectacular view at the Caribbean Sea on the north side. The Eco-lodge is at a convenient five-minute water taxi ride to Bocas Town. 

This property has plenty of potentials, with its four spacious two-story bedroom suites including two additional rooms for employees and caretakers. A year and a half ago, this property was operating a high-demand Eco-Lodge/B&B. Trip Advisor granted a reward of excellence of the 5.0/5.0 rate on 60 reviews. Each two-story bedroom suite was rented for $225us/night, including breakfast. This is a proven business with good past history—what a great start for the new owner. Clients are waiting for the re-opening. Internet online booking services for the business are on hold and will be transferred to the new administration. 

The owner had to leave Bocas due to health issues and the pandemic situation. The property was abandoned for almost a year. The owner decided to published his property on the market under cost value for a fast sale. The property just needs a deep cleaning, ceiling repair on the two staff rooms, fix minor things, a few new pieces of furniture, kitchenware, towels, and bed linens. The foundations, walls, and roof are in good condition. The gas generator, solar system, hot water tank, water, and septic system are functioning normally. The refrigerator, stove, washer, and dryer are in place. All door locks need to be changed for security. The inversion is a bargain for what you get. This fixer-upper is a great opportunity for those on a budget who can tinker and has some vision. 

The property is in a quiet location with fabulous sea, jungle, and mountain views. There is a large garden & orchard area with a creek running through it. All rooms overlook the jungle or/and the Caribbean sea. There is a long, private shared dock made out of concrete for strength and low maintenance. The property has a shared private beach with four other adjacent properties. You can also snorkel the reefs just in front of the beach to satisfy your underwater sense of adventure.

Also, this property could easily be turned into an offering short or long-term rentals with a capacity for approximately 12 persons. It can be used as a family complex or wellness and yoga retreat location, a popular activity in Bocas. If you are looking for the Caribbean lifestyle with income, look at this investment opportunity. Many experienced investors would agree that you need to look beyond the superficial to find your diamond in the rough.

It could be the home/business of your dreams at a great price and an excellent location for your Caribbean lifestyle experience. Contact us for a tour of the property…don't miss this opportunity.

Did you know this...

You can buy and own a Property in Panama just with your passport… no bank account is needed. Panama law 54 grants foreign investors the same rights and freedoms as Panama natives. They are also granted the right to dispose of their investment profits and repatriate their interest, dividends, and gains.

 

Read the list of advantages of investing in this country on "Why Panama/Bocas" and "Foreigners Advantage" pages on this website. Please don't wait too long…step in; it's waiting for you! Unique properties like these are limited. Prices are also rising because Panama's international profile is increasing.

  Property Details: 

ID:                 R2404

Status:          FOR SALE

Type:             Eco-Lodge/B&B

Ownership:  Titled

Corporation Owned

Category:  Residential

                   Commercial

Land Size:   0.47 acres

                     1,930 m2

Access:        By boat

Travel time to Bocas Town:

(Subject to boat performance and weather)

- Aprox. 5-8 minutes

 House Specifications: 

- Type:   Eco-Lodge

- Size: 13,715 sq ft  

              1,275 m2

- Wood House + Concret base

- Floor: 2 story /3 story

- Bedrooms:     6
- Bathrooms:    7.5

- Year Built:   2010

- Stage:   Completed

            (Need repairs)

 

Construction Elevation:

(From mid-water tide)

- 60 feet  (18 meters)

 Features: 

- Registered Property (Titled)

- Open concept/open terrace

- Large communal area

- Large two-story bedroom

- Elevated land

- Ocean/Jungle/Mountain view

- Income-producing

- Long dock in place
- High ceilings with fans

- Mature landscaping

- Stunning ocean view

- Quiet safe area

- Fully landscaped, Fruit trees

- Close to Bocas Town

- Fine hard wood construction

 Services: 

- Solar system install

- Rain catching system 

- Septic tank installed

- Internet available

- Cellular signal 

- Satellite TV available 

 

 Inclusions: 

- Turn key system (see pic.)

- All appliances included

- All furniture included

- Hot water system

- Solar system

- Water collecting system

- Generator Backup system

- Extra 3,000 watts generator

  Addresse: 

Location:         

- Hilltop Bastimento

Island/Land:

- Bastimento Island

 

Area:                 

- Archipelago Bocas del Toro​

Caribbean Sea

 

Country:         

- Panama

 
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