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6 Bedroom Home for Sale, Isla Solarte, Bocas del Toro, Panama

Bocas del Toro, Panama

Property ID: 574

6 bedroom home for sale in Panama with boat on 5 hectares on Isla Solarte just 3 miles from Isla Colon in Bocas del Toro.

Bocas del Toro, Panama – Home for Sale

This well appointed 2 story house features 4,800 sq ft of living space, including 6 bedrooms, 5 bathrooms, large gourmet kitchen and wrap-around balcony with Jacuzzi.

There is a large, covered terrace with 180 degree views over the water.

Private Home or Boutique Resort Development Opportunity

The property could be easily converted in to a boutique eco resort business, with all provisions for expansion in place including underground water and power lines to possible sites for additional cabanas.

The property has full maritime concession and a concession for tourism registered with all environmental impact studies and application work completed.

Bocas del Toro, Panama

Isla Solarte is an island in the Bocas del Toro archipelago, with more than 100 islands, famous for world class snorkeling, scuba diving and fishing.

The island is surrounded by calm waters, due to its position next to Bastimentos, which buffers the rough waters from the open Caribbean.

The island is about 9 miles off the coast of the mainland, and 1 mile away from Bocas del Toro, the capital city of the province, on the neighbouring island of Colon. Panama City is 1 hour away by plane.

A guide to Panama

  • Average asking price $936,134
  • % + or - average property price -141%
  • Property price range $159,000 - $4,500,000

Reasons to invest in Panama

  • Good value but rapidly growing real estate market.
  • Attractive retirement program offering duty-free imports and a wide range of discounts on healthcare and utilities.
  • One of the fastest growing economies in Latin America.