el boceto de un artista apasionado por Bocas del Toro

Tropical Investment/Development For Sale In Panama

Condominium/Hotel/Restaurant Potential

Beach Front and Over The Water in the Caribbean Paradise of Bocas del Toro, Panama

This property is ripe for development into hotel or condo units....you can even add an over-the-water restaurant with docking slips!!  It sits directly across from Bocas City on the main island of Isla Colon, on the tropical island of Carenero.....in the archipelago of Bocas del Toro.

Imagine the marquee lights shimmering across the water, beckoning guests to your development by a 5 minute water taxi...or sailing families docking at your own pier for refreshments or accommodations.

Sale Price:            USD$325,000

Location:             Isla Carenero

                            Bocas del Toro, Republic de Panama

Property Type:     Investment/Development

Property Details:

 Probably the most beautiful vacant property on Carenero. Only 5 minutes  by water taxi to the main town of Bocas.

 Land portion is total square meters 1,493. There is a beautiful concrete pier approximately 6 feet wide extending  50 m into clear blue water, with a 9.1 X 12.2 concrete platform at the end.The value of the pier per the owner is approximately $80,000.

The property is currently Right of Possession  (ROP) which allows long- term rights granted by the government of Panama. The property is approved to be Titled and the owner, through his attorney, has filed for final approval which is pending. In addition the owner has completed Engineered documents and submitted for a Concession to build over the water.

  It is important to note that power exists on Isla Carenero. Water is supplied by the City of Bocas, along with drinking water. The site is level with Palm trees.

  The beach is sandy and suitable for swimming. The water is clean and clear. Views from this property are outstanding. Access is easily made by boat over calm water.

 Site and building design studies were made by a US Architect showing a potential resort design solution. This was accompanied by a cost pro-forma which shows a potential 70-80% ROI not  including a  restaurant. (design requires approval)

 James Dooley, well experienced in Bocas, will prepare complete design and construction services upon request. The Architect works closely with a Panamanian Licensed Architect located in Bocas who can prepare all final construction documents per Panamanian requirements and who can expedite all required submittals.

One of James' recent projects in Bocas del Toro, was the Palma Royale Hotel and Suites.

  Interested parties,  please contact  James Dooley   or Tel: Colorado - (970) 417-4834