Bocas Del Toro Hotel Marina

Isla Solarte, Bastimento, Bocas del Toro Province, Panama

For Sale $799,000.00
      • Bedrooms 10
      • Bathrooms 10
      • Size (m2) 535 m2




      Property Description

      New Bocas del Toro hotel and marina development for sale situated in a private peninsula on Isla Solarte just a few minutes boat ride from the Isla Colon. The property features manicured tropical plants and trees with an elevated view of the protected channel and the Red Frog Marina where mega yachts can be seen.

      Behind the property there are rainforest jungle trails to hike and watch for an array of tropical birds and animals. The land is surrounded by clear swimming and snorkeling waters, not to mention just about all water sports are enjoyed here.

      Jump into your boat for only a 10 minute boat ride to spirited Bocas Town for entertainment and supplies, or a 10 minute run to reggae infused old town on Isla Bastimentos for true Caribbean creole restaurants and bars. Cruise to world famous Red Frog Beach which is directly across from this hotel compound where you can do the zip- line or eat at several beach huts.

      The hotel was designed with ground floor entrance and reception area or 4 units of one bedroom with bath and living.  The second floor has 4 units of one bedroom, bathroom and living room. A third floor with 2 units of bedroom, bathroom and living room.

      The building includes cement structure, which is presently a dried in shell and ready for finishes. The pluming is roughed in, but no fixtures are provided, some material on site or to be provided include: Windows, Wood interior doors, complete solar system electric system, maria that is private and protected in a cove with floating dock for 10 slips, solar electric and water.

      The property has one hectare of land and the Marina concession, the land is rights of possession, but application has been filed to new title. The property for sale can also be used for personal or business use. The Hotel is about 75% completed and would need about 300k additional investment to open and operate. Hotel can have up to 10 units depending on distribution.

      The property is being offered at $799,000 with possibility to JV

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