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

Assigned Property Number 2007000900

Category: Comercial Negocios / Commercial Businesses

Assigned Property Number	2007000900
Price	$399,900
Owner Financing	Yes
Location	Isla Colon
Size of Property	59 feet by 82 feet over ocean
Size Selection
Water Frontage	Yes
Water Frontage Feet	59 feet
Water Type	Ocean
Water Depth	Ocean
Year round boat access	Yes
Current Rental Income	Yes
Type of Ownership	concession
Type of Property (Main)	Commercial
Type of Property (Sub)	House
Improvements on the property	Two-story house, dock with bohio and boat slips, landscaped, and water catchment system for additional water. Wireless internet, and teak-floored communal kitchen.
Road Access	Yes
Municipal Electric	Yes
Municipal Water	Yes

Live in and run your own apartment house. There are 9 rooms and 5 boat slips for rent. This lot also has a 422 m2, 20-year Maritime Concession (not a Provisional concession, but a full concession) for the entire survey area with an inclusion, which allows the corporation to ask to expand the concession conditions to include the construction of a new home or hotel on this site. Perfect over-the sea hotel location. The house is at the end of the main street of Bocas. The lot is currently occupied by an income producing old Key West-style apartment house built over the sea with a wrap around upstairs veranda. Renovated in 2006, with a full kitchen with teak floors, laundry, Wi-Fi, and a dock with a "tiki" hut. There are AC's in every bedroom. Upgraded sewer and water system, and a bathroom on each floor. Enjoy relaxing under the dock "tiki" hut, while viewing the mainland mountains, or snorkeling among beautiful sponges and fish right off the dock. Flower boxes all around and the front yard is beautifully landscaped. The building is typically fully occupied. There is still plenty of room to expand the house out over the sea. Last of its kind with financing available!