| Sell Price: |
|
1250000 |
| Location: |
|
Isla Colon
Bocas del Toro
Panama |
| Property Type: |
|
Bed and Breakfast |
| Property Details: |
|
This majestic Caribbean Colonial-style home sits on over a hectare of prime beachfront with a quiet sandy swimming beach yet is only a 5-minute drive along a paved road to the bustling town of Bocas del Toro. Currently, the owners/builders occupy the 10 downstairs rooms which include a reception room, restaurant size kitchen, dining room, large office, separate laundry room, private living room, mater bedroom and bathroom and a large walk-in closet/storage room. The upstairs hosts a large library/game room and 4 large bedrooms (last room is still under construction) each with private bath. Almost every room (except bathrooms) have louvered double doors opening onto the expansive 10' x 60' verandas on each floor which overlook the bay and town lights. The house (including verandas) is 3,600 sq. ft and has a proven clear title on the land and all building. It is located "on-the-grid" so it has city electricity and water and is serviced by land and cell phones, adsl or wireless internet and Direct TV. One half of the property is manicured lawns and tropical fower and fruit gardens and the other half left as tropical jungle with meandering mowed pathways throughout. This is one-of-a-kind property which can either be maintained as a private family estate or as a five-star B&B with a first-class restaurant. With so much land in such a desireable area, the potential for expansion with cabins etc are endless. There is already a 20' x 30' separate workshop on the property which would be ideal for an office, artist/dance studio, or conversion into a guest cottage or staff accomodations. All this and 18 years remaining on a 20-year Panamanian Real Estate Tax exoneration. That's right....no property taxes for the next 18 years! |
| Web Site: |
|
http://www.islanddreamhouse.com |
| Date Published: |
|
08-Jul-2008 |
| Date Updated: |
|
29-Jul-2008 |
|
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