Titled Over The Water Surf Cabina- Isla Bastimentos Old Bank Town

  • $79,000
Bastimentos Island, Panama

Description

Live the laid back life with this simple wood cabin. Located in the Caribbean reggae-styled Town of Old Bank on Isla Bastimentos and only 10 minutes to Bocas Town by water taxi. This cabin can be a private resident where you can step into a boat right off your front porch or it could serve as a desirable waterfront rental property. There is a dock connected to a small titled land strip.

There are two properties; the land part is titled and a water concession has been applied for a house over the water. Built in 1999, this 750 sq ft simple single-wall construction in an island-style open room concept has city electric/water, a large front porch for entertaining or lying in the hammock with a great view. Old Bank Town offers island bars, restaurants and small markets in town for your entertainment and convenience. Popular with surfers, major surf breaks are close by to get there by small boat. This is a cool surf cabin that has a great view of Isla Solarte and the mainland. Sunsets are spectacular from your hammock.

The building can be sectioned off for a small cabin and use the rest of the structure for a business such as a dive shop, restaurant or tour station. There is more than enough space to build more structures over the water. The property needs wood maintenance and dock repairs .The owner is willing to work with a buyer on repairs!

Price has just been reduced to $79k for a quick sale! 

Details

Updated on February 7, 2022 at 8:58 pm
  • Property ID: HZB192
  • Price: $79,000
  • Property Size: 750 sq ft
  • Bedroom: 1
  • Bathroom: 1
  • Property Type: Business, Homes, Income Property, Over the Water, Residential, Titled
  • Property Status: For Sale, Reduced Price, Titled
  • Address Bastimento, Panama
  • City Bocas del Toro
  • Area Bastimentos
  • Country Panama

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