Ocean Front Eco Villas Bocas del Toro Resort for sale Panama

Starfish Reef Resort, Shepherd Island, Bocas del Toro, PA-BO 00000


Captivating Tropical Caribbean Island Property. Amazing waterfront, reef out front, and private dock. A former Boutique Eco-Resort with four furnished villas that each have incredible views and are designed for maximum rental revenue.


This former Bocas Del Toro Resort is located on Shepherd Island only steps from their man-made beach and coral reef on an old Chocolate Plantation. A 25 minute boat ride to Bocas Town and 10 minutes to Almirante on the mainland. The resort package includes 1 hectare( 2.47 acres) of established ROP land, 4 furnished villas (each 175-215 m2), a generator house with brand new 20 kw generator, large Xantrex inverter,  Trojan 1160 amp hour, 48 volt battery system, 25 ft. panga tour boat for 10-14 persons, water toys, beach furniture and can include the business, website etc. for $475,000

Buy this Bocas Del Toro Resort as listed above with an additional 8 more surrounding hectares that you can subdivide for lot sales, profit return on your investment, or whatever you want (about 22 total acres) for only $599,000. This is a beautiful place and was built 9 years ago by the present owner. Use your imagination as this can be whatever you want from a dive destination, yoga retreat, or an Eco-resort .The opportunities are endless. Grow and eat Chocolate (Cacao), Coconut, mango, pineapple, papaya, bananas right on the property. Host family vacations, group getaways, yoga retreats, dive/snorkel trips, weddings and Honeymoons. Enjoy gardening with exotic flowers and plants, seeing beautiful butterflies, bird watching, use of hiking trails. The villas and everything you need to rent are all here. Add to that a year round Hurricane free warm climate, a sandy area rimmed for a kid friendly saltwater swimming lagoon. There is even a "touching zoo" complete with starfish, octopus, sea cucumbers, conch, baby fish. Pet Mangrove Snapper and Spotted Eagle Rays as they swim by. Then add the shallow coral reef outside the swimming lagoon with beautiful coral and fish in close proximity (a water photographer's dream). You also have the colorful coral reef wall (25’-30’ vertical) for snorkeling or diving, a 130’ boat dock, and incredible views from 4 beautiful villas.

The owners built this dream resort as a labor of love. You could build off of their years of hard work. Get serious and really operate the place at it's full potential as a profit center. Sell lots, expand with more villas & bungalows, add a restaurant, entertainment pavilion & even a freshwater pool. The owners are open to partial owner financing with a 50% down payment and a 5-10 year payout.

Property Address

Address :Starfish Reef Resort, Shepherd Island
City:Bocas del Toro

Property Details

Property Id : 60002-16165
Property Type : Bed & Breakfast / Lodges
Property Size: 2.47
Bedrooms 9
Year Built : 2006
Property Building Size:
Bathrooms : 10

Property Features

Captivating Shepherd Island
4 Luxurious Villas
All Oceanfront Or Ocean View
Amenities Included
Could Be Family Compound Or
Bed And Breakfast
Or Run As A Hotel
Owner financing considered

Property Map


Lonnie Hanna

Property and Relocation Specialist

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Each office independently owned and operated. The Information provided herein is deemed accurate, but subject to errors, omissions, price changes, prior sale or withdrawal. United Country does not guarantee or is anyway responsible for the accuracy or completeness of information, and provides said information without warranties of any kind. Please verify all facts.