Two Hilltop Businesses Bastimentos

  • $230,000
1 Coco Hill Isla Bastimentos, Bastimento, Panama
For Sale New Listing Titled

Two Hilltop Businesses Bastimentos

1 Coco Hill Isla Bastimentos, Bastimento, Panama
  • $230,000

Description

An income producing property with a great reputation and 2 businesses currently  operating,  the 4 Cabin Rentals and the Vegan Bar/Restaurant. The location on the beach path invites a constant flow of surfers and beach goers for food and drinks daily. Other creatures frequenting the establishment include Monkeys, Sloths, Toucans.
 
The Vegan Restaurant /Bar and Jungle Cabanas are located on Isla Bastimentos, set above the iconic Rasta town, Old Bank. A seven minute walk takes you through the vibrant community, up a magical  path of illuminated stepping stones to a relaxing nest in the shade of the jungle. Numerous bananas, papaya, Katuk and lots of other edible fruits and vegetables grow in the garden, intertwined with the beauty of nature, this property is a paradise.
 
​Old Bank is only a 5 minute water taxi from the center of Bocas Town, the hub of tourism and  where the airport is located. Isla Bastimentos is known for its exquisite beaches , turtle habitats and surf.
The businesses have all their current licenses and Permits. A full liquor license is hard to come by these days, and will be transferred with the sale of the titled land and the business corporations. The current concept could be further evolved into a yoga/surf retreat or an Eco/Permaculture Lodge.
 
Business owners benefit from 3 streams of clientele, those who stay at the BNB, those who have heard of the excellently rated Vegan Food, and those who pass by. The Cash flow analysis is available upon request
 
The land is 502m2 and is Titled. The cost including all fixtures and furnishings, $250,000
 
Additionally there is a small but recently renovated 2 story house on an adjoining property that is 737m2 ROP that serves as the owners residence.  This property is for sale as well with the business property, for an additional $60,000.This is an option that is perfect for living your life and watching over the small restaurant/bar and the 4 cabins. 

Contact us for more info!

Details

Updated on December 20, 2021 at 6:40 pm
  • Property ID: HZB300
  • Price: $230,000
  • Property Size: 502.87 meters square
  • Bedrooms: 4
  • Bathrooms: 5
  • Property Type: Bar/Restaurant, Business, Homes, Hotel/Hostel, Residential, Restaurant, Titled
  • Property Status: For Sale, New Listing, Titled
  • Address 1 Coco Hill Isla Bastimentos, Bastimento, Panama
  • City Bocas del Toro
  • Area Bastimentos
  • Country Panama

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