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Hotel/residence For Sale in Bocas Del Toro, Isla Colon Panama Tropical Paradise - Retire, Vacation Home W/ Commercial Inc. Asking Price: $425,000 USD (Negotiable) Major price reduction, owner wants to totally retire.
This 5-7 room hotel with spacious penthouse double suite apartment, to live in or also rent, is located directly across street from the Caribbean Sea in the heart of the most desirable area of Bocas Town. Isle Colon, Panama. Close to Costa Rica border.
Situated on a titled corner lot surrounded by iron fence and tropical plants, this steel and concrete 8 year old concrete and steel building is a hotel/residence at present, but could be utilized in numerous ways – offices, corporate retreat, or large/multiple families vacation. Profitable since first full year operation.
All wood work and doors are hand crafted of solid cedar wood, and the floors are tiled through out the entire building. This hotel generates a profit and financials will be provided to qualified buyers.
Check many websites for more information about surrounding area.
Nearby outstanding scuba diving, swimming, surfing, water and land tours, Costa Rica, deep sea fishing, scenic vistas, boating, sailing, sea turtles, dolphins, manatees, fauna, etc.
The sale includes a Panamanian Corporation with all its land, real property (home/hotel building), and most personal property/furnishings. Ready to move-in and/or operate. Trained staff in place. Seller will consider holding up to 10% 2nd mortgage for the right buyer/contract terms.
- Strongest possible construction of steel/concrete. Interior walls can be easily redesigned to change space use.
- Materials provide maximum resistance to fire or natural disasters with minimum deteriorating and maintenance compared to other properties in area.
- Best quality materials including vinyl siding, tile throughout, roofing with color impregnated in it, rust proof gutters (new in 2009)
- The two levels include 11 separate spaces, 7.5 baths, interior and exterior laundry/utility rooms.
- 2 exterior storage rooms with large rain water collection tank
- Individual air conditioning units, one for each separate area, installed/located to offer maximum versatility regardless of room uses.
- Highest quality materials/workmanship on all woodwork/cabinets/doors/ counters and furnishings.
- Highest quality dual-pane (two or more thicknesses with space between) glass exterior doors/windows for best exclusion of noise or heat and with screening.
- Lot fully built out for maximum useable space.
- Wall construction of steel framing and wall materials is such that 1st level floor plan can be changed easily by cutting out or rearranging walls.
- Oversized water holding tank with pump and filters for collecting rain water to increase water supply. Water is also supplied from the local water company via street conduits
- All areas electrically wired for almost unlimited arrangement of metering and division of space with sufficient circuits to support any of these.
- Extensive outside lighting.
- Current ground/1st level provides multiple flexible use rooms which include:
- 5-7 lg rooms each w/full bath, separate air conditioner, one or more beds
(compete with mattress, pillows, liners, linen, and blankets), night stand, lamps, drapes, wall storage and hanging cabinet, telephone outlet, internet, cable TV outlet, wiring for future addition of ceiling fan, steel exterior door, - First level outside veranda and inside stairway to upper level living space
- Two adjoining 1st level rooms, currently used as office and reception room, half bath, large storage room for linens.
- 3 to 8 foot wide covered tiled walk on 3 sides of building
- Street side concrete trash bin
- Laundry room w/W&D and some storage.
- Large enclosure at east end of hotel covering water storage tank/pumps including storage spaces and seperate door access at each end of this enclosure.
- Current 2nd level layout provides for living quarters upstairs, with private entrance, that includes:
- Two large master bedroom suites, now being rented as hotel space due to demand.
- Each master suite has a large private bath and sliding glass doors to 8’ Wide wrap around covered deck. third 3’ covered deck is off the end of the kitchen; all with outstanding views.
- Each has extensive storage/closet areas with beautifully finished wood louvered sliding doors w/ hanging rods, upper & end shelves.
- One bedroom includes 2 full size beds, night stands a spacious bath with seating in the shower, and a spacious vanity with a lot of drawer space.
- Second bedroom includes 2 double beds and a double sink vanity in the bath.
- Living room with double sliding glass doors to deck living area also has 2 large built-in planters.
- Ceiling fans and lighting in each bedroom, living room, kitchen, and dinette.
- Satellite TV provided along with outlets in each bedroom and living room for cable TV, for your choice. Wireless internet access available.
- Telephone outlets in each bedroom and kitchen
- Fabulous kitchen on upper level with enormous cabinet storage space and counter areas, lots of electric outlets, full sink, stove, and refrigerator. Kitchen has door out to balcony for Bar-BQ grill if desired.
- Dinette area
- Enclosed utility area off dinette area for stackable w & d,& storage; and 2nd storage closet, abundant shelving, off the LR.
- Beautifully finished pull down stairs in kitchen for access to third level under high roof line above kitchen with lots of square feet of open storage. Builder suggested finishing this third level as additional rooms. Since added finished space was not needed, the decision was made to defer this until needed.
 | | About This Property | |
| Category: | | Bed and Breakfasts | | Address: | | Bocas Del Toro
Isla Colon
Panama | | For Sale By: | | Owner | | Construction Year: | | 2004 | | Area: | | n/a | | | Bedrooms: | | 7 | | Bathrooms: | | 7.5 | | Sleeps: | | 21 | | Stories: | | 2 | | Parking Spaces: | | n/a | |
| | Features - Amenities | |
| - Furnished
- Appliances
- Laundry Room
- Balcony
- Terrace
- Patio
| | - Cable TV
- Individual Room Tv, Internet, Hot Water, Tel Lines, Ac
- Each Room Can Be Separately Electric Metered For Office Rental
- Concrete And Steel Construction
- Hand Made Furniture, Cabinets And Woodwork, Doors
- 5 Rental Rooms Sleeping 13 Persons Main Level,
| | - Two Upper Level Br And Ba Suites W Shared Lr, Dr, Kit
- Terrace On Three Sides Upper Level, Slgd Access From 2 Upper Brs And Lr.
- Fully Equipment Kit W/ Lots Of Cabinets, Separate Laundry Area, Also Upper Level
- Pull Down Stairs To Third Level Which Can Be Expanded For More Space
- Walk To All Amenities In Town, Hotel Is Next To Public Water Taxi Docks, And Boat Tour Areas, Walk To All Resturants And To Airport (about Mile)
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| | Contact - More Information | |
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