Titled Waterfront Home on Isla Bastimentos, Panama

$ 200,000
Old Bank, ,
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Overview

  • Updated On:
  • August 4, 2022
  • acre symbol
  • 2390 Acres
  • 2 Bedrooms
  • 2 Bathrooms
  • 1,200.00 ft2

Description

The Bastimentos Town of Old Bank has its own special cool vibe compared to other real estate in Bocas del Toro. It was originally populated with people from Jamaica who worked for the banana company. The music has a Bob Marley reggae feel and the ex-pats who buy here are down-home people, able to see the potential of this place and buy early for the now low prices.

Ready for showings, this coastal home is clean and spacious and was remodeled in 2018. The waterfront home boasts a modern, open floorplan, vaulted ceilings, 2 bedrooms, 2 baths with a private boat dock. It has refinished wood floors, newer appliances, new wiring, new plumbing, windows, and roof.

This home can be a very comfortable home to live in, rent, or expand. There is a small back porch with a laundry room that leads to the walking path that goes through Basti Town where you can find great restaurants, grocery stores, and the path to Wizard Beach where the surf is. The property lends itself to a live-work situation where you could provide much-needed services for the community. You could also build over the sea with the proper permits.

The property comes with a dock. But if you don't want to have a boat, a water taxi to Bocas Town for $3 is an option. You can sit in your front yard and enjoy the spectacular views of Bastimentos Bay, Bocas Town, and Isla Solarte as well as watch the sunset over the mainland mountains. You are 5 minutes by boat from the entry to Red Frog Beach, one of the most popular beaches in Bocas del Toro Archipelago.

The home is titled, on-grid electric and city water and there is an extra storage tank for rainwater as well. If your plan is to obtain residency in Panama, this purchase could qualify you and your spouse for the Friendly Nations Visa!

If you like small-town living, set your showing up now with Abram Akradi.

PROPERTY FEATURES:

Titled
Waterfront Home
Open Floor Plan
Close to Beaches
Sunset and Mountain Views
Affordable
Generate Rental Income
Private Dock

Address:
State/County:
Country: Panama
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Property Id : 31945
Price: $ 200,000
Property Size: 1,200.00 ft2
Bedrooms: 2
Bathrooms: 2
County: Not available County
Lot Size (AC): 2390.00000
Listing ID: 60002-21118
Office ID: 4580
Listing Address: Old Bank
Other Features
Exclusive Right to Sell

Akradi, Abram

United Country - Panama Paradise Bocas del Toro
Call Office949-484-4448
Call Mobile949-484-4448

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Akradi, Abram