PRICE REDUCED COASTAL OCEANFRONT ECO VILLAS BOCAS DEL TORO

Shepherd Island, Bocas del Toro Panama Bocas del Toro 00000 Bocas del Toro Panama

Photos

* PENDING

$299,000

MLS: 60002-16007

2.47 Acres

2,000 SqFt

9 beds

10.0 baths

What You Should Know

  • Captivating Shepherd Island

  • 4 Luxury Villas

  • All oceanfront and ocean view

  • Price is less than build cost

  • Bed and Breakfast

  • Family compound

  • Owner financing considered

  • Mountain and sunset views too

Why You'll Love It

PRICE JUST REDUCED!

Captivating Bocas del Toro Tropical Caribbean Island Property. Amazing waterfront, reef out front, and private dock. A former Boutique Eco-Resort with four 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 villas (each 175-215 m2), three of the villas are in need of renovation and repairs in order to make them rentable again. A generator house with brand new 20 kw generator, large Xantrex inverter, and Trojan 1160 amp hour 48 volt battery system supply your power. 

Buy this Bocas Del Toro Resort as listed above @ $299,000 or with an additional 8 more surrounding hectares (about 20 acres) for $399,000 that you can subdivide for lot sales and increase the return on your initial investment. 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 saltwater swimming lagoon for a kid friendly environment. It's complete with starfish, octopus, sea cucumbers, conch, many varieties of fish. Pet Mangrove Snapper and Spotted Eagle Rays as they swim by. Then there's the shallow coral reef outside the swimming lagoon with beautiful coral and fish (a water photographer's dream). The colorful coral reef wall (25’-30’ vertical) is great for snorkeling or diving is right off the 130’ boat dock.

The owners built this dream resort as a labor of love. You could build off of their years of hard work. Looking for a handy man project? With some repairs and renovations, you can make this property a favorite tourist spot. Get serious and 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.

Where You'll Find It

  • Street Address: Shepherd Island, Bocas del Toro Panama
  • City: Bocas del Toro
  • Province: Bocas del Toro

Video Tour

Abram Akradi

Property Relocation Expert