This prime real estate beachfront Property in Bocas del Toro would be perfect for a housing project, an eco-lodge B&B with tourism activities, or a private estate for your home. You may also want to build a few rental cabins over the water in front of your property. It is a very tranquil location with only the sounds of nature and the sea to be heard.
This titled land is located in the Punta Laurel community on Popa Island, a splendid 30-40 minutes boat ride to Bocas Town. The land configuration from flat to gentle slope gives fabulous and various building areas. There are 433 feet (132 meters) of waterfront and 24.7 acres (10 hectares) of land that could be subdivided. Most of the land is covered by vegetation, including numerous fruit trees, like bananas, plantain, lemon trees, palm trees, Avocados, soursop, guavas, mango, nancy, orange, pineapple etc. We also find some large hardwood trees for construction. The sea is swimmable all year round and is an excellent and safe place for snorkeling and kayaking. Coral reefs are also accessible by swimming from the dock.
The elevation where the cabin is located is about 50 feet above the ocean. The hardwood cabin features an open area with a kitchen, dining/living/bedroom, and one bathroom. A spring water close to the house could be used to supply the water for the house. Now the water is collected from the rain and stored in a large tank behind the house. A small lodging meanwhile building your own project or for the construction team.
The property faces west and gets the Caribbean breezes and unforgettable sunsets. You will live amongst a friendly local population where several expatriates worldwide speak multiple languages.
FINANCING: (as a second option)
Down payment: 60% of the purchase price at the Purchase/Sale Agreement signing, and the balance will be monthly payments based on a 3 years term with an interest rate of 4%. Term and interest rates may be adjusted to the buyer's financial capacity.
Come down to discover what Bocas del Toro has to offer and request a showing of this spectacular land. A unique Titled property in the area.
24.7 acres (10 hect.)
448 sq ft (41.6m2)
✓Titled / Acreage
✓Many construction sites
✓Development / Projects
✓Spring of fresh water
✓Cabin on property
✓Boat dock in place
Popa Island, Bocas del Toro South, Panama
Video of the Property: