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Titled CoCo Hill Two Buildings On Isla Bastimentos

$99,000.00

Description

Price reduced for a quick sale! This former restaurant and/or home, with a rental cabin is on the hill above “Old Bank Town” on the Reggae tinged island of Bastimentos. Just a 10-minute water taxi ride from Bocas Town and a walk up a scenic hill. It was previously operated as a very popular Thai restaurant with beautiful jungle and Caribbean Sea views. The owner is now a yacht chef and must travel with no time for business.

This place is well known. The restaurant which features a kitchen area, bar, and dining areas can easily be reopened and back in business in short order using an owner/operator or leased out. It can also be turned back into a home if desired. There is a rental cabin and additional lots available in front for sale as well as the house next door for possible cabin expansion. The property is considered a landmark on Bastimentos Island. This property has over $230K invested, 500 m2 of titled land, and has a Panamanian corp for easy transfer to a new owner. A must see for anyone who desires to have income or a new home in the middle of paradise.

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