Handyman Special – Hillside House In Tropical Waterfront Small Community – Bastimentos

  • $140,000
Bastimento, Panama
For Sale Fire Sale

Handyman Special – Hillside House In Tropical Waterfront Small Community – Bastimentos

Bastimento, Panama
  • $140,000


Located on Isla Bastimentos noted Juan Brown Point in a comfortable mini waterfront community. Just a 10 minute boat ride to Bocas Town, a 5 minute ride to Old Bank and a 10 minute ride to Red Frog Beach. The mini community features about 8 island style houses that are situated around a well maintained common spaces. There is a small private beach as well as a nice snorkel reef that you can swim to. A concrete dock is shared with the community also the common areas are professionally maintained. Some of the best surf spots are close by If you are not a surfer then just enjoy the view from the house.

This island style house was built by the same quality builder that built the other houses on the hill.   Constructed with local hardwood nespero wood.The house is “green” with a solar system for power, rain water catchment/storage system with 2 tanks and low flow toilets. The house itself sits on a manageable hillside lot of approximately 1,000 square meters. The rear of the house is nestled into the cutaway hillside while the frontage has vegetation, fruit trees including a beautiful mango tree – there’s plenty of scope here for growing your own.

There are concrete steps leading up to the house and masses of storage underneath the house itself – as well as to the rear where the utilities (water tanks & pump and 12v battery bank for the solar system) are located. Wooden steps lead up to the deck area and multiple doors lead into the main living area. Inside there is one large living space with a kitchen section at one end. There is a master bedroom with its own en-suite bathroom – and its own doors leading out onto the deck area. There is also a second smaller bedroom with storage. This space also houses the control systems for the solar power. Currently the owner will explore the possibility of some owner financing. The building is held in a Panama Corporation. This is ROP Rights of Possession with long time ownership papers.

Now, why is this house priced so low? The owner leased the house to a  long term transient group that left the place in not so good shape and prefers to lower the price for a handy man special than to have it repaired as he lives out of country!

The house has good bones and mostly needs cosmetics. If you are good with carpenter tools

you can save a lot of money and would own a house in the islands!

Contact us for a showing!


Updated on April 19, 2023 at 10:22 pm
  • Property ID: HZB536
  • Price: $140,000
  • Property Size: 1000 sq mts
  • Bedrooms: 2
  • Property Type: Business, Homes, Income Property, Residential, ROP
  • Property Status: For Sale
  • Address Bastimento, Panama
  • City Bocas del Toro
  • Area Bastimentos
  • Country Panama

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Buena Vista Realty
  • Buena Vista Realty