Island B&B for Sale in Bocas Del Toro, Isla Colon, Panama

Beachfront Island B&B or Private Estate

This beautiful Caribbean Colonial home is only two years old and sits on over a hectare of carefully manicured lawns and tropical gardens overlooking a tranquil bay and swimming beach. Until now, the home has been maintained as a private family estate but it was designed for easy conversion into an exquisite B&B and first-class restaurant. With such a large piece of oceanfront land, the potential is endless. This is a one-of-a-kind home designed with careful attention to every detail. It has a proven clear title and sits on a paved road only 5 minutes drive (or 30-minute walk along sandy beaches) from Bocas Town and all its amenities. All of this beauty AND absolutely no property taxes for the next 18 years!

* The land is 11,226 .(3 acres)with approximately 56 mt. (184 ft) of road and ocean frontage.
* The grounds are half manicured lawns sprinkled with tropical flowers and half native tropical jungle with wide meandering paths throughout.
* Fruit trees abound including coconuts, bananas, avocados, oranges, lemons and star fruit.
* The living area of house including balconies is 3,600 sq. ft.
* The upstairs includes a library/game room, 3 fully furnished guest rooms each with private bath and one unfinished guest room and bath.
* The downstairs has a huge kitchen, formal dining room, separate laundry room, office/study, living room, master bedroom, bath and huge walk-in closet
* Almost every room in the house has louvered double-doors opening onto a veranda or terrace to take advantage of the tropical onshore breezes.
* The downstairs floors are entirely imported Spanish tile and the upstairs floors are all tropical hardwood (Nispero).
* All major appliances are included in sale (refrigerator, stove/oven, large capacity washer and dryer). Other furnishing and equipment are negotiable.
* Property includes a separate large 20' x 30' workshop which could easily be converted into a guest house, staff housing, dance or art studio, or ?
* Property is "on the grid" so it has city water (with back up storage tank), city electricity, both land and wireless telephone access as well as Direct TV.
*This land has clear title with Panamanian Public Registry and 18 years left on its 20 year property tax exoneration.