Property Description
El Pelicano – Titled Waterfront Hospitality Property in Bocas
El Pelicano offers the opportunity to own an established waterfront hospitality business on Isla Bastimentos in Bocas del Toro, Panama. Located at the south end of Old Bank, this fully titled property combines five furnished guest suites, a two-bedroom owner’s residence, and inviting overwater gathering spaces. The property is well suited for buyers looking to combine island living with an existing accommodation business.
The property encompasses approximately 1,639 m² of titled land, with around 130 feet (40 meters) of Caribbean waterfront along a sandy, shallow shoreline. Two main buildings—the Hillside and the Dock—provide separate settings for guest accommodations, owner living, and shared amenities.
The Hillside building features an air-conditioned owner’s residence on the upper level, complete with two bedrooms, one bathroom, a kitchen, dining and living areas, and an attached deck overlooking the property and Caribbean Sea. The lower level houses two furnished guest suites, along with a laundry and utility room equipped with water filtration, a washer, and a dryer. This arrangement allows an owner or on-site manager to enjoy a dedicated living space while remaining close to daily operations.
An approximately 100-foot pier leads to the dock, an overwater building with three additional furnished guest suites, each with bedroom air conditioning. This waterfront setting also includes a guest lounge with a stage, full bar, and seating area, offering a welcoming space to socialize and unwind above the water. Sun decks, boat landing areas, and two boathouses complement the property’s connection to the sea.
Infrastructure includes municipal electricity with separate service connections for the two buildings, municipal water supplemented by approximately 4,500 liters of storage and a private well, a three-stage septic system, and Starlink internet. The overwater building also has its own laundry, storage, and water filtration facilities.
El Pelicano has an established short-term rental history, with five years of Airbnb Superhost recognition and consistently excellent guest reviews. For a new owner, the existing accommodations and guest amenities provide a foundation to continue operations while introducing their own style, hospitality approach, and guest experiences.
The offering includes two boats, specified furnishings, equipment, and operating assets, subject to the final agreed inventory. The Panamanian corporation that owns the property is also intended to be included in the sale, subject to the final purchase agreement.
With titled waterfront land, an on-site residence, and five furnished guest suites, El Pelicano brings together the practical elements of an owner-operated hospitality business and the appeal of life on the Caribbean. Call United Country Realty today for your private showing (24 hour notice required). WhatsApp +507 6972-6507 or Email abram@unitedcountrybocas.com
PROPERTY HIGHLIGHTS:
| Titled Waterfront Land | Established Rental Business | City Power & Water | Investment & Income | Retirement & Active Adult |
| 2-Bedroom Owner’s Residence | Overwater Lounge & Bar | 130 Feet of Waterfront | International | |
| 5 Furnished Guest Suites | Two Boats Included | Coastal Property | Recreational Property |
