FOR SALE
$399,000
9 beds 10.0 baths 2,000 SqFt 2.5 Acres

4 COASTAL OCEANFRONT ECO VILLAS BOCAS DEL TORO PANAMA

Panama properties for sale & Costa Rica, Mexico, Honduras real estate near Bocas del Toro, Bocas del Toro

Shepherd Island, Bocas del Toro Panama, Bocas del Toro, Bocas del Toro 00000

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Abram Akradi



DETAILS

Captivating Bocas del Toro Tropical Caribbean Island Property. Amazing waterfront, reef out front, and private dock. A former Boutique Eco-Resort with four furnished villas that each have incredible views and are designed for maximum rental revenue.

This former Bocas Del Toro Resort is located on Shepherd Island only steps from their man-made beach and coral reef on an old Chocolate Plantation. A 25 minute boat ride to Bocas Town and 10 minutes to Almirante on the mainland. The resort package includes 1 hectare (2.47 acres) of established ROP land, 4 furnished villas (each 175-215 m2), three of the villas are in need of renovation and have some deferred maintenance. A generator house with brand new 20 kw generator, large Xantrex inverter, and Trojan 1160 amp hour 48 volt battery system supply your power. 

Buy this Bocas Del Toro Resort as listed above @ $399,000 or with an additional 8 more surrounding hectares (about 20 acres) that you can subdivide for lot sales and increase the return on your initial investment. Contact our office for "package deal" pricing. This is a beautiful place and was built 9 years ago by the present owner. Use your imagination as this can be whatever you want from a dive destination, yoga retreat, or an Eco-resort .The opportunities are endless. Grow and eat Chocolate (Cacao), Coconut, mango, pineapple, papaya, bananas right on the property. Host family vacations, group getaways, yoga retreats, dive/snorkel trips, weddings and Honeymoons. Enjoy gardening with exotic flowers and plants, seeing beautiful butterflies, bird watching, use of hiking trails. The villas and everything you need to rent are all here. Add to that a year round Hurricane free warm climate, a sandy area rimmed saltwater swimming lagoon for a kid friendly environment. It's complete with starfish, octopus, sea cucumbers, conch, many varieties of fish. Pet Mangrove Snapper and Spotted Eagle Rays as they swim by. Then there's the shallow coral reef outside the swimming lagoon with beautiful coral and fish (a water photographer's dream). The colorful coral reef wall (25’-30’ vertical) is great for snorkeling or diving is right off the 130’ boat dock.

The owners built this dream resort as a labor of love. You could build off of their years of hard work. Get serious and really operate the place at it's full potential as a profit center. Sell lots, expand with more villas & bungalows, add a restaurant, entertainment pavilion & even a freshwater pool. The owners are open to partial owner financing with a 50% down payment and a 5-10 year payout.

PROPERTY FEATURES
  • Captivating Shepherd Island

  • 4 Luxury Villas

  • All oceanfront and ocean view

  • Price is less than build cost

  • Bed and Breakfast

  • Family compound

  • Owner financing considered

  • Mountain and sunset views too

  • Bed & Breakfast / Lodges
  • Coastal Property
  • Retirement & Active Adult
  • Sustainable
  • Alternative Energy
PROPERTY DETAILS
  • Street Address: Shepherd Island, Bocas del Toro Panama
  • City: Bocas del Toro
  • State: Bocas del Toro
  • Postal Code: 00000
  • County: Panama
  • MLS#: 60002-16007
  • Courtesy of : United Country Panama Paradise Bocas del Toro
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