Description

Invest in a luxurious condominium situated on Bastimentos Island, at the esteemed Juan Brown point, boasting breathtaking ocean vistas, set against a backdrop of majestic mountains and awe-inspiring sunsets. This exceptional property comprises 10 meticulously crafted studio units, with each floor housing two expansive units featuring extensive deck areas. The ground floor houses two charming smaller studios, while the main units offer six elegantly designed spaces. The top-floor units boast an additional loft area accessible via a staircase, adding to the charm and functionality of the building.

This exclusive property stands out as the only luxury condominium in the Bocas del Toro archipelago, apart from the renowned Red Frog community, making it a truly unique investment opportunity in this desirable area. Additionally, an on-site caretaker will ensure that your investment can be utilized for rental purposes when not in personal use.

Convenience meets luxury with a shared dock available to the condo owners, enhancing the appeal of this off-grid location. Each unit will be equipped with a dedicated solar system and title, ensuring energy sustainability and independence. Furthermore, a sizeable septic system and water collection infrastructure are currently being installed to enhance the functionality and eco-friendliness of the property.

Potential buyers have the option to purchase units in two distinct ways. The pre-sale option offers the flexibility to personalize finishes such as cabinets, countertops, and color schemes, while key components like doors, windows, tiles, electrical, and plumbing are included. This allows buyers to tailor the apartment to their preferences and create a bespoke living space that reflects their unique style.

Alternatively, buyers can opt for a completed unit, where all design choices have been predetermined, requiring only the addition of furniture. This option offers the convenience of a turnkey solution, with a corresponding price increase of approximately 25% upon completion.

Pre-sale pricing for these exquisite units is as follows:
– $99,000 for a ground floor unit
– $240,000 for main units
– $289,000 for top-floor units

For added financial flexibility, owner financing is available at an interest rate below current bank rates, making this investment opportunity even more appealing and accessible.

Details

Updated on July 7, 2024 at 4:42 pm
  • Property ID: HZB888
  • Price: $99k-$289k
  • Property Size: 60m2-100m2
  • Bedroom: 1-2
  • Rooms: 8 units
  • Bathroom: 1
  • Property Type: Income Property, Investment, Titled
  • Property Status: For Sale, Titled

Address

  • City Bocas del Toro
  • Area Bastimentos
  • Country Panama

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