Island Plantation boutique resort is located on a stunning virgin beach on the main island of Bocas del Toro where Bocas Town and the local airport are located (several daily non-stop flights connecting Panama City). The resort has 10 luxurious guest units that are made of tropical hardwoods, hand-crafted furnishings, and decorated beautifully in Bali style with private, semi-outdoor bathrooms and double sinks. All rooms are surrounded by the jungle and beautifully maintained gardens, only a few steps away from an amazing, four-kilometer golden sand beach. This 5,500 plus square meter property sits right in front of the beach with a lush rainforest jungle backdrop and is accessed via a dirt/sand road 8km from the town. Taxis and local buses provide full accessibility to this stunning location. This hotel is one of only two properties that has a title all the way down to the beachfront.
Some of the rooms have ocean and beach views. There are 8 rooms that surround the pool deck area, 3 rooms on one side of the pool each with 1 king sized bed and full bathroom, 2 rooms with kind sized bed, full bathroom, and a jungle patio, 2 rooms each with 2 twins and full bath and a private patio. 1 room with kings sized bed, full bath that is located on the second floor above the platform designated for yoga. 2 separate large cabins are tucked on the side of the property. Each cabin is 2 story and comes with a full kitchen and living space upstairs and bedroom and bathroom downstairs. These two cabins are facing the ocean directly, from each you can enjoy amazing ocean views, sounds, and breezes.
In addition to the sought-after guest units, the hotel owns and operates a locally famous money-making beach bar (right on the sandy beach) and restaurant. The former restaurant in the main building is now being turned into an area designated as a yoga space that faces the in-ground, tiled pool (4 x 15 meters) and the beautifully landscaped gardens. The property also includes a three story staff quarters with 3 separate rooms for staff, 1 office room, manager's apartment, owner's apartment, workshop, and gym for staff. There are 20 rooms in total and still some room to add on.
A thoroughly trained team, including a resident hotel manager and office assistant, ensures top-notch guest attention and smooth operation without owner's presence on the property. This is augmented by fully on-line management systems (PMS with integrated Restaurant POS, Camera & Energy systems) ensuring full owner oversight from anywhere in the world. The hotel is completely off-the-grid and independent making its own electricity with a large state-of-the-art solar and generator system and a large water catchments and management system. The option to connect to the grid will be available in this area very soon.
The property which is owned by a Panamanian Corporation has current building permits for expansion. All-up-to-date government permits are in place and the business will be sold turnkey with all high-end furnishings and decorations, equipment, supplies, and electronic infrastructure and management systems (including the website and staff if desired) via the sale of the corporate shares. The resort has been operating for over six years and is well integrated into the market and considered one of the top properties in Bocas and Panama.
The location of Island Plantation (Bluff Beach) is developing fast and an opportunity to secure beachfront land in this area and of this quality will not last long.
The asking price for this investment property is 2.9M USD (seller financing will be considered). Contact us for more information or for an appointment to view this one-of-a-kind turn-key property.
Property Owner: Golden Alter I, S.A. (Panamanian Corporation)
Business Owner: Golden Alter I, S.A.
Guest Units: 6 King bed units, 2 units with 2 twins, 2 cabins with full kitchen and king sized bed
Restaurants: (1 formal and 1 beach club)
Bars: 2 (1 formal and 1 at the beach)
Land: 5,540 square meters titled (of this 411 directly on the beach)
Licenses: Full restaurant, bar and hotel licenses, inscribed in the
Panamanian Tourism Authority
Key Selling points:
The land is one of just two properties on the 3 mile/5km stretch of beach that has a title (plans updated and re-registered in 2019) all the way down to the beach itself
One of the highest occupancy rates and ADR’s in Bocas
The only Beach Bar on the main island (Isla Colon)
Fine handcrafted furnishings throughout
All bathrooms with double sinks and semi-outdoor showers
Fully tiled 12x45 FT/4x15 M lap pool
Only water producing well at Bluff Beach
26k/100k LTR of water storage
18kw propane generator
Two 8KW inverters each with an 8KW solar panel system and storage
Full (authorized) fire fighting equipment and generous Insurance Policy’s.
Staff quarters, Manager’s and Owner’s apartments
Fully equipped workshop
Space for expansion and building permits
All integrated on-line management systems, including PMS, Restaurant POS, Camera systems.
Well developed Yoga retreat niche
Seller financing may be considered (partial)