Titled Oceanfront Bungalows in a Cool Place on Isla Bastimento

  • $185,000
Bastimentos Island, Panama
For Sale Titled

Titled Oceanfront Bungalows in a Cool Place on Isla Bastimento

Bastimentos Island, Panama
  • $185,000

Description

This titled 901,69m2 oceanfront property is located on the windward side of the small Caribbean town of Old Bank on Isla Bastimentos, in an area known as Oceanside. The cabins named “Casa Serenity by the Sea” , has 2 island style rustic, free- standing bungalows on 80 ft / 24,38m2 of oceanfront property. Another cabin owned by the same family that is the top cabin and all 3 cabins can be bundled together.

The main bungalow is 35 feet from the sea with a kitchen, a living area, alcove bedroom, bathroom with large tile shower and a long balcony that faces the sea. Owners have rented the cabins for years for income. A huge mango tree for shade and eats stands on the property.

The second bungalow has a total of 600 sq ft with a bedroom, bathroom with shower and a balcony that facing the Caribbean sea. Idyllic living quarters for family and friends. These bungalows can also be in a rental program for income. Owners have made good income as they have rented the cabins for years, The structures stand 35 ft apart. The top cabin has extra room to add on top and can be easily accessed from the town. The other access is walking down along the waterfront.

The property has city electric, sewage and rain collection systems in place. A maintenance worker has been with the family for years and helps keep the place going.

The property sports a stone/cement in-ground dipping pool with seawater access piped in. A stone built grille is for seaside BBQ. To complete the vibe, hammocks complement the serenity of this true Caribbean haven. Also the only direct bathing entrance into the sea is in front of this property via stone made steps.  Also it is only a 10 minute water taxi ride to Bocas town. Once you are there you do not want to leave, chillin back in a hammock with a cold one and watching the waves makes it hard to get up and leave.

 For a package deal ,owners are asking $180k for land and 2 cabins. Additionally the third cabin and land are asking $110k for a total asking price of $290k 

Details

Updated on April 12, 2022 at 3:29 pm
  • Property ID: HZB624
  • Price: $185,000
  • Property Size: 901.69 sq mts
  • Bedrooms: 2
  • Bathrooms: 2
  • Property Type: Business, Homes, Income Property, Residential
  • Property Status: For Sale, Titled
  • Address Bastimentos Island, Panama
  • City Bocas del Toro
  • Area Bastimentos
  • Country Panama

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