Great Investment With Five Long Term Rental Cottages In Bocas Town

  • $325,000
Colón Island, Panama


Affectionately known here as Candyland , you can the good life here and have long term income with these cottages pay for it! Four cottages are 1 Bed/1 Bath with 336 sq. ft of living space plus 120 sq. ft of porch or brick patio. There is one 2 bed/2 bath cottage with 816 sq. ft of living space. All cottages are built to US standards including electrical and plumbing. Wood frame construction with plycem cement board on the interior and exterior, including the floors and trim. Substantial concrete and steel foundation, which could support additional floors.

Interior features for each unit are stove, refrigerator, split system A/C, ceiling fans, electric instant hot water heater and tile floors throughout, fully furnished. Phone, cable, internet and cable TV connected. Exterior features include 275 gal water tanks for each house (city and rainwater), water pump, private patio, brick walkway, metal roofing and off-street parking. All units are on separate electric meters. 14 years left on the 20 year property tax exemption of the buildings, current property tax of the lot is $300 a year. The property is titled with title insurance. The lot size is 10 meters by 40 meters or about 4400 square feet. Currently long-term rental but also can be used as short term rental. Major opportunity is knocking at your door. Open It!!!


Updated on January 20, 2021 at 7:07 pm
  • Property ID: HZCO505
  • Price: $325,000
  • Property Size: 4400 ft2
  • Bedrooms: 6
  • Bathrooms: 6
  • Property Type: Business, Homes, Income Property, Residential, Titled
  • Property Status: For Sale
  • Address Colón Island, Panama
  • City Bocas del Toro
  • Area Bocas Town, Isla Colon
  • Country Panama

Compare listings

Buena Vista Realty
  • Buena Vista Realty