Bocas del Toro dream hotel on Isla Colon

US $ 2.100.000

SALE

Type house:

Location: Isla Colon, Bocas del Toro, Panama

 Photos 43

Description

The hotel began  as the dream  of three middle aged Americans who had fallen in love with Bocas Del Toro. It opened it doors in 2010.

In 2016 the hotel was closed for 1 month for repares to get in great shape. Now it is in tip top shape.

The property is under Law 8 in a tourist zone which means we don’t pay property tax for 20 years—corporate income tax for 15 years.

Qucik Facts & Construction Details:

The Hotel is located 10 meters from the sea at a great, quiet location on Main Street, Bocas Town, Isla Colon.

Registered as Titled property

Lot size 397m2

$450,000 plus in room sales—2016.

Construction:

Masterfully crafted and built to American standards.

Resting on 36 inch caissons embedded into 15 feet of bedrock supported by solid steel I-beam construction.

Each floor is independently poured slab construction.  Steel reinforced 6 inch 2500 PSI concrete.

All perimeter walls are wood framed in pressure treated 2×6 pine framing.

Roof is in concrete fiber board with simulated Spanish style.

All water for Hotel is sourced from rain collected from the roof and city water.

–  There is a 7500 gallon cistern built directly into the foundation with complete filtration, uv light, and reverse osmosis system.

–  3 exterior (3000 or 5000) auxiliary rain collection tanks.

–  All guests are supplied with purified rain water.

Hotel is sided with James Hardy fiberboard siding.  Will never rot or warp.

All doors and wood finishes are sourced from locally grown red cedar and hand crafted by local artisans.

All bathrooms are tiled from floor to ceiling in travertine marble or cut corral.

All exterior windows and doors are German made double paned of the highest quality.

All exterior tile is slip-proof slate.

All flooring, including all balconies are of bamboo, travertine marble or corral.

Fully equipped restaurant and bar.

Large work/storage area in rear.

15 rooms: 10 suites, 4 standard rooms, 1 penthouse

Both sides of the Hotel are tastefully landscaped

Information

Transaction
Price US $ 2.100.000
Selling type SALE
Status Available
Date of post November 20, 2017
Build
Type Hotel
Build year 2010
Surfaces
Lot size 397 m²
Construction size
Layout
Rooms 15
Bathrooms
Layers
Garage
Outside
garden

Contact

panamarealtyzone@gmail.com

+507 6679-8717/+507 6877-4788