Beautiful and profitable B&B on Isla Carenero, Bocas del Toro, financing available

Price Reduced
Motivated Seller
Income Producing
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Property Details

Property ID
3599
Status
For Sale or Rent
Location
Bocas del Toro
Property Type
Hotel/B&B
Sale Price
$ 1,200,000
Rent Price
$ 5,500
Built Area
600 m2
Total Area
3,000 m2
Bedrooms
9
Bathrooms
10
Title Status
Property Title
Date Published
Jun 9, 2019
Updated
Aug 16, 2019
Times Viewed
15,285

Property Description

Nestled in the quiet hum of Panama’s Caribbean islands, you will find this one-of-a-kind hotel on the beach of Isla Carenero, just a five minute boat ride from the main island Isla Colón in the archipelago of Bocas del Toro.

Operational for twelve years, the business is turn-key and profitable. The entire business is includes in the sale:

  • The main house with its bed and breakfast set-up can accommodate 22 people in its 7 rooms and penthouse two-bedroom suite with a living room and a private balcony with superb views. The three-story house of 500 square meters is designed with large French windows, wrap-around deck and open sheltered balconies complete with hammocks where you can marvel at the views of the Caribbean Sea and enjoy the peaceful surroundings
  • The adjacent lot with two additional income-producing two-storey houses
  • A beach-front lot in front of the hotel
  • A dock and pier with a concession granted for future expansion for up to 60 metres (200 feet)

Some of the pastimes available in the area are

  • Scuba diving
  • Surfing
  • Snorkeling
  • Bird watching
  • Private island exploration tours
  • Turtle watching

The current owners have all the concessions and have already gone a long way in the titling process. 

If you are looking for a beautiful place to live in Panama with an immediate positive flow of income guaranteed by excellent reviews – this is your perfect choice!

The owners are willing to finance a portion of the balance, if the buyer puts 50% down at a very competitive rate lower than any local bank, or rent for $ 5500 a month with a yearly lease.

Property Features

  • Ocean View
  • Beachfront
  • Ocean Waterfront

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