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Titled Hilltop Home With Two Businesses Old Bank-Bastimentos

$295,000.00

Description

Want a home and an income business too in the magical Caribbean? Then this is the best of both worlds. Property is located on CoCo Hill above the town of Old Bank. A true Bob Marley reggae tinged island world where it is known for it’s coolness! Owner has built a fantastic life here. There are two businesses, a vegan restaurant with an island bar. The other has rental properties. Owner lives in loft above the bar/restaurant. The businesses have all current licenses and permits. Also the property is on the grid with city electric, which is a major benefit! Customers walk up the hill and come to relax in hammocks at the thatch roofed rancho while sipping a cold one.

It is to be noted that business just started in 2015 and has already generated some good cash. Owner finds they must return to the Real World. The hilltop view is of the Caribbean and has a path to a beach. All the while located around native trees, birds and other cool creatures. The main lot is 502.87 sq mts titled and includes Loft/Bar/Restaurant, two 16X16 ft cabinas with bathrooms, no kitchens a water catchment system and a rancho. The other lot is 687 sq mts and is Rights of Possession (ROP) that can be titled. It includes a 18×20 ft house with bedroom, bath and kitchen. There is plenty of room to build other income cabinas on this lot. All the properties are in a Panama corporation for easy transfer. NOTE: The owner will entertain some financing with a substantial down payment and a lien. The time is right to act on your dreams, move here, have a home and two business for income and truly live the island dream. Come book a showing with us.

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