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Titled Beachfront House – Old Bank- Isla Bastimentos

$165,500.00

Description

NEW PRICE!!! Motivated seller of this ocean view house. Located in the town of Old Bank on the island of Bastimentos. which has a cool reggae vibe. It is located just a short 8-minute water taxi ride to Bocas Town. The house has city electric and city water. It is built on steel beams and the exterior is made of Covintec, which is an insulating material covered by cement.

The house has​ 2-bedrooms and 1-bath, a kitchen, dining area and living room. The front porch offers a great oceanfront view. The bottom floor can easily be converted into more space such as another rental unit. The house has a water catchment system and septic installed near “The Point” of the island, with clear views of the surf, Isla Carenero, and Isla Colon, as well as the Caribbean sea. The B&B “Firefly” which was featured on “House Hunters International” is several houses down. The lot is 400 m2. Currently, the house is an oceanside rental and produces income for the owner. The land is in a Panamanian corp for easy transfer. Owner owns several properties and wants to travel more, so bring all reasonable offers!

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