FOR SALE
$395,000
2 beds 2.0 baths 1,300 SqFt 0.4 Acres

TWO OVERWATER BUNGALOWS WITH OPERATING BUSINESS, BASTIMENTOS

Hotels for Sale and Resorts, Restaurants and Bars for sale near Bastimentos, Bocas del Toro

Old Bank, Isla Bastimentos, Bocas del Toro, Bastimentos, Bocas del Toro 00000
Abram Akradi

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Abram Akradi



DETAILS

Great Income generating opportunity! Over the water bungalows, Isla Bastimentos, Bocas del Toro

Looking for an investment opportunity that you can start generating income immediately? This may be what you are looking for! This turn key business with all necessary licenses and permits has great reviews and ratings on several booking websites. Currently there are 2 overwater bungalows being rented but there are permits and architectural plans available for up to 6 bungalows as well as a 2 story structure on the existing overwater foundation. This makes expanding the business with more bungalows or building an owner's residence a much easier task. In addition to the overwater structures, there is also 1543 m2 of Titled land that you could build on as well or have as a garden.

Overwater Bungalow 1 is suitable for 1-3 people and totals 600 square feet/56 square meters. It has a king size bed and a twin daybed that can be used as a sitting area or as a bed for an extra guest.

Overwater Bungalow 2 is slightly larger (700 square feet/65 square meters) and is suitable for 1-4 people. It has a king size bed and two twin daybeds. 

Because the bungalows are over 150 feet from shore, bugs are far less of an issue than they would be on land or closer to land. The king beds feature mosquito netting, both for an added sense of security and because it's fun and romantic. It can be tied back for unobstructed sea views as well. Speaking of sea views, the rooms feature 12-foot collapsible glass front walls that open all the way to allow for a view of nothing but sea, the surrounding islands of Bocas del Toro, and beautiful sunsets.

You can also enjoy unobstructed sea views from the huge deck featuring stairs into the sea, an overwater hammock, and deck loungers. Guests frequently spot dolphins and eagle rays from the private overwater patios, in addition to some of the best views in Panama.

Though the overwater bungalows feature large windows and angles designed to maximize airflow, each comes with an industrial ceiling fan. Air conditioning is unnecessary on Isla Bastimentos, as evening temperatures average between 68-72º F (20-22º C) year-round. The private bathrooms feature spacious hot water showers and double sinks. There is a 2000 gallon and a 600 gallon water tank on the property for more than adequate water storage.

Do not miss out on this opportunity. Contact us today for a showing and make your dreams become a reality!

PROPERTY FEATURES
  • Over the Water

  • Close to Bocas Town

  • Operating Business

  • Income Generating Potential

  • Sunset Views

  • Close to beaches

  • Titled

  • Space for more

  • Bed & Breakfast / Lodges
  • Coastal Property
  • Recreational Property
  • Resort Property
  • Investment & Income
PROPERTY DETAILS
  • Street Address: Old Bank, Isla Bastimentos, Bocas del Toro
  • City: Bastimentos
  • State: Bocas del Toro
  • Postal Code: 00000
  • County: Panama
  • MLS#: 60002-21098
  • Courtesy of : United Country Panama Paradise Bocas del Toro
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