Property Details
Property ID: A8289
Property Status: FOR SALE
Property Type: -Island-
Prop. Size:(Acres): -00000-
(m2): -00000-
Property Ownership:
Right of Possession (ROP)
Construction:
Type: -House-
Size: -600sq ft. (83m2)-
Material: -Local hardwood-
Bedrooms: -3-
Bathrooms: -1-
Features:
Property Machote
Punta Laurel
This small and unique island is the only island in the area. It is located inside a large bay which is part of Popa Island. The island is surrounded by a circle of mangroves protecting the island from waves and erosion, boasting a shallow tide fluctuation of only 10-15 inches. So it is fully protected from storms and swells.
A boat dock, large patio and a hardwood native ‘on the water house’ are already in place. The island has solid ground throughout providing a sturdy foundation for another small house/guest house taking advantage of the elevation. The existing native house could be used while building your own island paradise.
You will be at only a 40-minute boat ride to Bocas Town (airport, bank, super market, etc..) and 5 minutes to a small store for basic supplies, a gas station and a bar/ restaurant in Loma Partida village. Other expats live in the area.
Suited perfectly for a private home or as an investment, this is certainly a one in a lifetime opportunity. The area has become very popular with new buyers. A good reason to get in while prices are right. 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 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 profits.
Read the list of advantages investing in this country on “Why Panama” and "Offshore Advantage" pages on this website. Don’t wait too long…step in, it's waiting for you! Unique properties like these are more limited. Prices are also rising because Panama’s international profile is increasing.
Get more information about our Free Lodging Discovery Tour !
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Price: $58,000us
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Property Location
Property Details
Property ID:
- U1806
Property Status:
- FOR SALE
Property Type:
- WATERFRONT
Property Ownership:
- TITLED
- In a Corporation
Property Category
- Residential/Commercial
Property Size:
- Sq Ft: 2,289
- m2: 213
Property access:
- By boat
Travel time to Bocas Town:
(Subject to boat performance and weather)
- Aprox. 5 minutes
Main House Specifications
- Type: House
- Size: 1,500 ft2 (140 m2)
- Wood House
- Bedrooms: 2
- Bathrooms: 2
- Year Remodeled: 2018
- Stage: Completed
Construction Elevation:
(From mid water tide)
- 3 feet (1 meter)
Features
- Titled Oceanfront House
- Close to white sand beach
- Surf Beach close by
-Fresh remodel
- Sunset and mountain views
- Open floor plan
- Vaulted ceilings
- Low maintenance
- Coral Reef close by
- Great snorkeling
- Breakfast counter
- Ceiling fans
- City Electricity
- City Water
- Fire sales
- Boat dock in place
- Expat community nearby
- Shopping nearby
- Rental Possibility
Services
- Electricity: On grid
- Water: From City
- Sewage: City
- Internet available
- Cellular signal
- Satellite TV available
Inclusion:
- Hot water system
- Boat dock in place
- BKP Water collecting system
Asking Price: $189,000us
Titled Oceanfront Home in the Caribbean
Bastimentos Island
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 on the waterfront. The wood floors freshly refinished gleam in the sunshine. Brand new appliances, new house wiring, new plumbing, new windows and new roof.
It is a very comfortable home to live in. You can rent it for as an investment. There is a nice back porch with a laundry room that leads to the path that goes to Bastimentos Town where you can find grocery stores, restaurants, paths to the most popular 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 at five minutes by boat from the house. There is a small garden at the front yard and has grass planted. The home is titled (registered in Panama National Register). It is connected on the municipality electric grid and on the city water. There is an extra storage tank for rainwater as well. At this locationIt 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 one in a lifetime opportunity at this under market selling price. It can be converted in 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 it’s 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 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 profits.
Read the list of advantages investing in this country on “Why Panama” and "Offshore Advantage" pages on this website. 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.
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