Retire or Live/Work in the Tropics - Great Deal for Sale in Bocas Del Toro, Bocas, Panama

Oceanfront Retreat with Motivated Seller

This 4 ac. property is fully TITLED with 600' of clean oceanfront. The property is priced below replacement cost and offers huge views across very desirable Dolphin Bay.

A recent NY Times article put Panama and Bocas in the Number 1 spot on a '45 Places To Go In 2012' list. As well, Panama's growth rate for 2011 came in at an impressive 9.2% - one of the top five economies in Latin America and maintaining a GDP per capita above the global average. According to Latin Business Chronicle, Panama is the most globalized country in Latin America. And the World Tourism Organization rates Panama as the fastest-growing tourism market in Latin America. Panama is also the world's 8th most free economy. And with a US dollar based economy, it is a great place for retirement or doing business.

Investment options:

Buy and Hold - Our asking price is definitely below market value for titled oceanfront real estate in Panama and since nobody is making more of it, this property is sure to be an excellent mid to long term investment vehicle.

Retreat Operation - Originally built as a low key, self sustaining health retreat, this property could be operated as an 8 room oceanfront lodge. It also has plenty of room for expansion. Live a laid back tropical lifestyle with a comfortable income.

Family/Group Compound - As a private playground along a Caribbean shoreline, this property has plenty of space for large gatherings - 11 bedrooms, 8 bathrooms, 600' of oceanfront on 4 acres. There are even 3 fully segregated and titled lots (see siteplan below) that could be offered to co-investors/family members.

Facilities include:

* 1500 sq. ft. bar/lounge built over the water.
* 180' concrete and hardwood dock with a minimum 6' depth at low tide
* 22' x 22' thatch rancho with cement stairs entering the sea.
* Covered two slip boathouse with gas storage and 3'x6' 2-pc. bathroom.
* 3 private seaside cabins w/ private three piece baths.
* 5 seaview rooms w/ shared baths.
* A private oceanfront, 3 bdrm, 1100sq' home.
* 12'x20' block construction workshop with 2nd floor worker's quarters.
* 28'x48' concrete over water foundation ready for more suites.
* Concrete generator room w/ 5 Kw diesel back up generator.

The property also includes 1/28th ownership to approx. 15 ac. of green space. The Common Areas include almost 3 kilometres of engineered cart paths, hiking, biking and walking trails through old growth jungle, the South Shore with direct oceanfront access to a coral reef, as well as a lookout platform set on a hilltop that provides expansive views across all of Dolphin Bay.

Also on this titled oceanfront property for sale, many varieties of fruit trees and fruit bearing plants have been established over the last nine years, including mango, lime, sweet orange, water apple, star fruit, guanabana, grapefruit, banana, pineapple, palma rosa, noni, and plum. We have also planted plenty of edible greens, herbs and vegetables to make the place as self sustaining as possible.

If you have specific questions regarding this property, please contact the seller.