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Investment Or Family Compound For Sale in Bocas Del Toro, Panama Want To Retire Or Live/Work In The Tropics? Look Here!!! Asking Price: $610,000 USD (Negotiable) This property is fully TITLED and offers exceptional value. As an investment vehicle, a family retreat or a business venture, this property is a must see. The property is located on very desirable Dolphin Bay and includes 3 fully segregated Titled Oceanfront Lots.
A recent New York 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%, keeping it one of the top five economies in Latin America and maintaining it's above the global average for GDP per capita.
Google Earth co-ordinates for the property: 9-13-30.80N x 82-15-25.00W
Invest 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.
Operation of the Oceanfront Resort
Originally built as a low key health retreat, this property could be operated as an 8 room oceanfront resort for those who wish to live a tropical lifestyle while still having a healthy income. I have developed realistic revenue/expense projections that give an annual rate of return averaging +/-15%, offering a very healthy six year ROI - try finding that rate of return in the current economic climate... and you still own the golden goose once your initial investment is 100% returned!!!
As an Amazing Caribbean Family Compound or Group Purchase
As a tropical family compound or group purchase, this property will provide investment piece of mind, as well as a great place for family and friends to gather. Plenty of space for multi-generational get togethers - 11 bedrooms, 6 bathrooms, 600' of oceanfront in Bocas del Toro, 4 acres plus deeded shared ownership to 15 more acres of pristine tropical jungle. There are even 3 fully segregated and titled oceanfront lots (see siteplan below) that could be offered to co-investor/family members.
This property has been designed and built by the owner as a long term, low maintenance, easily expandable income generator. Much thought has been put into the design of solar electric infrastructure, as well as the source and waste water systems. Quality materials are obvious throughout the project and the interior finishes meet or exceed American standards.
The three fully segregated and TITLED 600 square metre waterfront lots offer plenty of extra value to this property either as an enticement to co-investors or as a way to realize excellent profit if developed as residential housing.
Facilities include:
- a 1500 sq. ft. bar/lounge built over the water with huge views across Dolphin Bay.
- a 180' concrete and hardwood dock with a minimum 6' depth at lowest tide for docking any large sailboat or yacht ending at a 22' x 22' thatch rancho with cement stairs entering the sea.
- a covered two slip boathouse with a 6'x10' storage room for gas, diesel and boat related gear and a 3'x6' 2-pc. bathroom.
- three private seaside cabins, each with private three piece bath.
- three seaview rooms with shared bath.
- two very large seaview rooms also with shared bath.
- a private oceanfront, three bedroom 1100 sq. ft. home.
- a 12'x20' block construction workshop with second floor worker's quarters and an additional covered outdoor work area with concrete floor totaling 506 sq. ft.
- a 28'x48' concrete over water foundation ready for the construction of 3 luxury suites or more space for the extended family.
- a concrete block generator room to house the back up 5 Kw diesel generator power source.
- tool and machine inventory include a Briggs and Stratton lawn mower, an 84cc Efco commercial grade weedeater and various Dewalt and Black and Decker power tools.
- mature gardens and many large trees with concrete walkways throughout the property.
The resort property also includes part ownership to approx. 15 acres of Common Areas that are part of a 28 lot residential neighbourhood adjacent to the resort. The Common Areas, including almost 3 kilometres of engineered cart paths, hiking, biking and walking trails through old growth jungle, the South Shore Common Area which affords direct waterfront access (with swimming dock) to a coral reef, a beautifully landscaped fresh water lagoon and a lookout platform set on a hilltop that provides expansive 270 degree 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 six 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.
 | | About This Property | |
| Category: | | Inns/Lodges | | Address: | | Bocas Del Toro
Panama | | For Sale By: | | Owner | | Construction Year: | | 2008 | | Area: | | 4 Acres | | | Bedrooms: | | 11 | | Bathrooms: | | 7 | | Sleeps: | | 18 | | Stories: | | n/a | | Parking Spaces: | | n/a | |
| | Features - Amenities | |
| - Furnished
- Pet Friendly
- Maid's Quarters
- Laundry Room
| | - Terrace
- Patio
- Ocean View
- Ocean Waterfront
| | - High Speed Internet Available
- Excellent Cell Phone Coverage
- Satellite Tv
| | | Pictures (click to view a larger image) | |
| | Contact - More Information | |
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