Photos
$240,000
MLS: 60002-21224
860. SqFt
1 beds
1.0 baths
Perfect investment opportunity for someone looking for a luxury condo in a tropical destination. Located on Bastimentos Island, the Juan Brown point, in a very convenient location, less than 10-minute boat ride from Bocas Town. This quality building is facing southwest offering beautiful ocean views, with the mountains in the background, and amazing sunsets.
The building consists of 10 studio units, featuring 2 very spacious units per floor each with extensive deck area. 2 smaller studios on the ground floor, 6 main units and the top floor units have a staircase leading to your additional loft area. Once completed this building will be the only other luxury condo building in Bocas del Toro archipelago outside of the Red Frog community that is available for sale. Therefore, a perfect opportunity to invest in something that is very unique for Bocas del Toro area. There will be an on-site caretaker so your investment can be rented while not being used.
A shared dock will be available for the condo owners. The building is in an off-grid location and each unit will have a dedicated solar system and title. I large septic system and water collection are being installed as we speak.
The units can be sold in two ways.
a/ PRE SALE: The units will be sold needing some finishes like cabinets, counter tops, your color choices, etc but all major items like doors windows, tile, electrical and plumbing will be included. So this would be a great way to have final say in the feel of your apartment.
b/ A completed sale would have these choices made for you and you only need to add furniture. Approximate 25% price increase upon completion.
Pre-sale pricing is:
$99,000 for a ground floor.
$240,000 for main units.
$289,000 for top floor.
*Owner financing available with an interest rate below current bank rates!
* Minimum 24-hour notice to show.