Titled Oceanfront Home in the Caribbean of Bocas del Toro

📍Old Bank, Bastimentos Island                                                                  $189,000us 

 Description      See Video  ▾ 

This freshly remodeled home located on Bastimentos Island is impressive and spacious. This waterfront home offers a modern open floor plan, vaulted ceilings, two bedrooms, and two baths with a dock in place. The wood floors, freshly refinished, gleam in the sunshine. Brand new appliances, new house wiring, new plumbing, new windows, and a new roof.

​

It is a very comfortable home to live in. You can rent it as an investment. There is a lovely back porch with a laundry room that leads to the path that goes to Bastimentos Town, where you can find grocery stores, restaurants, trails to the most famous surf beach in Bastimentos.

​

You can take a water taxi to Bocas Town for $3 if you don't want to have a boat. If you do, you have your own dock right in front of the house. Sit in your front yard and enjoy the beautiful views of Bastimentos Bay, Bocas Town, and Solarte island. Also, watch the sunset over the mainland mountains.

​

The white sand Red Frog Beach is only five minutes by boat from the house. There is a small garden in the front yard and has grass planted. The home is titled (registered in Panama National Register). It is connected to the municipality electric grid and on the city water. There is an extra storage tank for rainwater as well. At this location in Bastimentos, it is possible to build cabins over the sea.

​

Poised perfectly for a private home or as an investment, this is certainly a once-in-a-lifetime opportunity at this under-the-market selling price. It can be converted into a small Hostel, B&B, restaurant, water activities club, water bar, etc… up to your imagination. It is only minutes away from the main town of Bocas del Toro, and its international airport. It's waiting for you!

​

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.