Titled 3 New Hillside Buildings On Banana Hill With A Great View -Bastimentos

  • $179,000
Bastimentos Island, Panama


Price just reduced for a great deal!

This is an opportunity to build your own tourist business on a true Caribbean Island with a building that is already built. The property offers three brand new buildings on a titled lot of 748.3 sq mts. The owner has built 2 buildings for a small hostel and a building for an owner or a caretaker. The buildings are built with single wall wood construction which is popular in the tropics. The buildings are built on the side of Banana Hill, a small development above the reggae infused town of Old Bank on Isla Bastimentos. It is very popular with surfers and backpackers. The hillside buildings offers incredible views of other islands and the mainland mountains. Two of the buildings have multiple beds and feature nice lofts for the breeze and views.

The town offers several bars, restaurants, food stores, hotels, hostels, tour boats and a dive shop. It is a short water taxi ride to the main hub of Bocas Town on Isla Colon. The land owner is also an owner of a surf school in France. He built these buildings as a hostel for the surf/explorer crowd, however due to personal reasons must sell. It is important to note that this is not a business for sale as it was never operated as a business after he built it. These buildings can also be used for any other type of tourist business that you may have in mind. This property just had city electric installed with a new meter, so you will be on the grid. There is a kitchen in both houses. There are also several private rooms. All buildings have septic and also rainwater and aquifer collection systems. This is a great opportunity to escape your old life, move to a true tropical island and build your own simple tourist based business.

Opportunity knocking with this price reduction! Contact us for a viewing.


Updated on November 4, 2021 at 8:25 pm
  • Property ID: HZB539
  • Price: $179,000
  • Property Size: 748.3 m2
  • Bedrooms: 3
  • Bathrooms: 3
  • Property Type: Business, Homes, Hotel/Hostel, Income Property, Residential, Titled
  • Property Status: For Sale, New Construction, Titled
  • Address Bastimento, Panama
  • City Bocas del Toro
  • Area Bastimentos
  • Country Panama

Compare listings

Buena Vista Realty
  • Buena Vista Realty