SOLD

$279,000us

TITLED High demand Eco-Lodge/B&B, 5min. Bocas town

Property Description

Punta Rica Eco-lodge is located on a hilltop surrounded by lush, virgin rain forest on Bastimentos Island in the vicinity of Bastimentos National Park, featuring a spectacular view of the Caribbean Sea on the north side. The Eco-lodge is at a convenient five-minute water taxi ride to Bocas Town.

This property has plenty of potentials, with its four spacious two-story bedroom suites including two additional rooms for employees and caretakers. A year and a half ago, this property was operating a high-demand Eco-Lodge/B&B. Trip Advisor granted a reward of excellence of the 5.0/5.0 rate on 60 reviews. Each two-story bedroom suite was rented for $225us/night, including breakfast. This is a proven business with good past history—what a great start for the new owner. Clients are waiting for the re-opening. Internet online booking services for the business are on hold and will be transferred to the new administration.

The owner had to leave Bocas due to health issues and the pandemic situation. The property was abandoned for almost a year. The owner decided to published his property on the market under cost value for a fast sale. The property just needs a deep cleaning, fix minor things, a few new pieces of furniture, kitchenware, towels, and bed linens. The foundations, walls, and roof are in good condition. The gas generator, solar system, hot water tank, water collection system, and septic system are functioning normally. The refrigerator, stove, washer, and dryer are in place. The inversion is a bargain for what you get. This property is a great opportunity for those on a budget who can tinker and has some vision. The land is evaluated at $150,000us. You get this huge eco-lodge hard-wood construction, almost ready to go, for only $129,000us.

The property offers fabulous sea, jungle, and mountain views. There is a large garden & orchard area. All rooms overlook the jungle or/and the Caribbean sea. There is a long, private shared dock made out of concrete for strength and low maintenance. The property has a shared private beach with six other adjacent properties. You can also snorkel the reefs just in front of the beach to satisfy your underwater sense of adventure.

Also, this property could easily be turned into an offering short or long-term rentals with a capacity for approximately 12 persons. It can be used as a family complex or wellness and yoga retreat location, a popular activity in Bocas. If you are looking for the Caribbean lifestyle with income, look at this investment opportunity. Many experienced investors would agree that you need to look beyond the superficial to find your diamond in the rough.

It could be the home/business of your dreams at a great price and an excellent location for your Caribbean lifestyle experience. Contact us for a tour of the property…don't miss this opportunity.

Property ID: 

R104

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Property Details

Property ID:
Property Type:
Prop Category:
Property Style:
Property View:
Ownership:

R104

Resort B&B

Commercial

Rustic

Bastimentos Bay

Titled Property

Land Size:
House Size:
Floors:
Bedrooms:
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Year built:

Locality:

0.47 acre (1,930m2)

13,715 Ft2 (1,275 m2)

2

6

8

2010

On terrain

Main Features:

✓Open concept/open terrace

✓Close to Bocas Town

✓Large two-story bedroom

✓Income-producing

✓Ocean/Jungle/Mountain view

✓Elevated land

✓Fully landscaped, Fruit trees

✓Large communal area

Property Location

Bastimentos Island, Bocas del Toro, Panama

Video of the Property: