Bamboo Hill Rental Or Private Cabin Above Old Bank Town Isla Bastimentos

  • $120,000
Bastimentos Island, Panama

Description

“The Blue House” is situated on top of a popular area above Old Bank Town named Bamboo Hill. Taking the trail up gets you to the CoCo Hill Vegan Restaurant and a little further up, you visit “Up in the Hill” Cafe and Store with naturally made local coconut and cacao products such as lotions, cremes and oils. The world famous “Silverbacks” surf wave is further down the trail as is the back trail to Wizard Beach. Cool hilltop breezes keeps the place cool.

The cabin was built for the purpose of income rental. Owners have been successful in renting the cabin for $100 per night in high season and $89 per night in low season. This cabin is total turnkey with all furniture and kitchen utensils included. There are 2 bedrooms and 1 bath with a dining area and a kitchen so guest can cook. A nice front porch is there for hanging in a hammock and relaxing. The house is connected to city electric. There is a water catchment system in place with 1250 gallons of water. Septic is also in place. The titled lot is 769.16M2 and has plenty of room to plant even more beautiful tropical vegetation than the property has now. There are another 10 similar sized lots available if you would like build more rental units as there is electricity available which is a big advantage here.

Here is an opportunity to own a place you can live in and rent out when you are not there. This place is suited for agile people who also like the reggae, surf and jungle vibe.

Details

Updated on January 18, 2021 at 9:43 pm
  • Property ID: HZB593
  • Price: $120,000
  • Property Size: 769 M2
  • Bedrooms: 2
  • Bathroom: 1
  • Year Built: 2018
  • Property Type: Business, Homes, Income Property, Residential, Titled
  • Property Status: For Sale
  • Address bastimentos island, panama
  • City Bocas del Toro
  • Area Bastimentos
  • Country Panama

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