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Property For Sale Or Rent: The Buccaneer Resort

Panama

Bocas del Toro
Panama

Property for sale: $950,000 USD

Resort For Sale in Bocas del Toro, Panama

Your private Caribbean resort on Carenero Island in the Bocas del Toro Archipelago of Panama. The Buccaneer Resort operates in the black and current revenues are financing ongoing construction.

The Buccaneer currently accommodates 20 persons and capacity is projected to double within six months. From Sept. 2000 - Jan. 2001, average occupancy was 70%, from Jan.

Your private Caribbean resort on Carenero Island in the Bocas del Toro Archipelago of Panama. The Buccaneer Resort operates in the black and current revenues are financing ongoing construction.

The Buccaneer currently accommodates 20 persons and capacity is projected to double within six months. From Sept. 2000 - Jan. 2001, average occupancy was 70%, from Jan. to present, over 90% and guests are a five-minute boat ride away from Colon Island, which contains the Bocas del Toro International Airport.

The resort is located on 5 hectares of waterfront property and faces the Caribbean Sea. Buildings include two-story, 150m2 main house with office, air-conditioned, two story, 150m2 building with two suites and two bungalows, four 4m2 cabanas and a 150m2 40-seat capacity over the water restaurant and bar (with apartment).

It has 45,500m2 of white-sand beach, a 67m dock, a private, pure-water well, sewage system, electricity, telephone and is wired for computer/Internet.

Panama actively seeks tourism investment and has given Bocas del Toro a Special Tourist Area zoning so investors/owners receive an extensive package of tax, import, credit and visa benefits and incentives under Tourism Law 8, 1984.

Resort payment terms are negotiable.

Property Summary