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Titled CoCo Hill Two Buildings on 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 are two rental cabins 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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