Beachfront Hotel & Restaurant on Titled Land for Sale in Y Griega, Isla Colon, Big Creek, Bocas Del Toro, Panama

Just Reduced Titled Beachfront Hotel/Restaurant, Isla Colon

ENDLESS OPPORTUNITIES & JUST REDUCED! Listed exclusively with CENTURY 21 Bocas Gold, this beautiful newer hotel and restaurant is situated on appx. 3/4 TITLED acre across from a beautiful swimming beach just minutes from town. 1000M2 Concession has been APPROVED for boat dock and/or over-water rancho. Located in Big Creek area, this is the fastest developing area of Isla Colon.

Eligible for Law 8 tourism incentives. On the grid with town electric/ water/telephone and strategically located at the crossroads (locally known as the Y) where road forks: one road leads to surfing beaches at Playa Paunch and Playa Bluff; the other road leads to Boca del Drago.

This profitable, turn-key business offers investors immediate revenue, and with TITLED land in a one of a kind location, the possibilities are limitless for high return of investment dollars. There are currently many property owners living in the beach areas of Isla Colon who have to drive into town for most services. This property would allow an investor to fully capitalize on that situation by adding additional services such as a day/health spa, corner store, etc.

Hotel La Rumba has 2 ocean view suites, 4 standard rooms with partial sea views and 1 dorm room that sleeps 14. There is also an owner’s residence comprised of 3 bedrooms and 2 bathrooms that could be converted into an additional income generating suite. The open air restaurant provides seating for 54, private parking, full bar service, 2 satellite televisions for sporting events/movies, state of the art music system with surround sound, electronic dartboard and an elevated stage for live music and dancing.

Included with the sale are all furnishings including televisions, drapery, linens, washer/dryer, ceiling fans, air conditioners, kitchen/bar equipment, tables/chairs, custom bar stools, surround sound system, DVD, computer, lawn maintenance equipment and website domain. This hotel generates a profit and financials provided to qualified buyers.

Owners are offering 2 options to purchase

1) Cash purchase with substantial discount incentives
2) Purchase with financing available

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