Bocas del Toro Realty, Inc. Exclusive Developments, Real estate Rentals Panama

Assigned Property Number 2008001100

Category: Residencias / Homes

Assigned Property Number	2008001100
Price	UNDER CONTRACT
Owner Financing	Yes
Location	Isla Colon
Size of Property	200 m2 or 2,150 Sq. Ft.
Size Selection
Water Frontage	Yes
Water Frontage Feet	32.5
Water Type	Ocean
Water Depth	Ocean
Year round boat access	Yes
Current Rental Income	$1,400 per month
Type of Ownership	Titled
Type of Property (Main)	N/A
Type of Property (Sub)	House
Improvements on the property	House, concrete sidewalk and flower box, new electric meter and wiring, new sewer hook-up, water storage tank/pump, landscaping, and dock.
Road Access	Yes
Municipal Electric	Yes
Municipal Water	Yes

One of the few opportunities to actually live over the ocean. This property includes a titled ocean front lot with a house built over-the-sea. It has a beautiful Caribbean ocean view from the full length back porch. Renovated Old Bocas-Style house with shutters, open wall design, and new appliances. Rewired and plumbed in 2006 with all new municipal connections. The house has three bedrooms (one currently serves as a home office with DSL) and one bath. The two bedrooms and office have AC units, but the house is in the prevailing winds and only ceiling fans are needed during the day. The laundry/storage room was an extra bedroom we converted. It has a washer and dryer and lots of storage space. External water storage tank. The kitchen is spacious and has lots of air and light. There is a private dock attached to the back porch with 3-4 feet of water (depending on the tide). Depths of 10+ feet are only another 20 feet out. The front yard is landscaped and the bathroom sink window box opens onto a flower area visited daily by hummingbirds. Rental potential is very good. There is a shortage of long-term rentals for new expats moving to Bocas. The lot can be built on as either Commercial or Residential.