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At a Glance:
| Location: |
Isla Colon, Bocas Del Toro – PANAMA |
| Type: |
Residential |
Bedrooms: |
3 |
| Plot Size: |
~ 3 acres |
Bathrooms: |
3 |
| Living Area: |
3600 ft2 |
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Highlights:
- This incredible home sits on approximately 3 acres (11,226 sq. meters) of certified, clear-titled land within a Panamanian Foundation. It is the Foundation which is actually for sale.
- The Island Dream house stately overlooks a sandy swimming beach with a view to surrounding islands and Bocas Town
- The newly constructed house and land have both been registered with the government taxing authorities and currently have 18 years remaining on a 20-year tax exoneration. NO PROPERTY TAXES FOR 18 MORE YEARS!
- Approximately two thirds of the grounds are rolling manicured lawns and streams with tropical plants and fruit trees. There are oranges, mangos, bananas, coconuts, lemons, avocados, star fruit, etc. The balance of the land has been left as old rain forest with wide mowed paths meandering throughout to be able to view the amazing plant and animal life still within it.
- All floors downstairs are Spanish terracotta tiles and all upstairs flooring is Nispero which is a dark native tropical hardwood.
- Downstairs includes a huge restaurant-style kitchen, formal dining room, separate laundry room, large office/study, room, master bedroom with private bath and walk-in closet and reception room for upstairs suites.
- Upstairs has a large game room/library and three large private bedrooms each with its own private bath and double doors opening onto the veranda. There is a fourth private suite with is currently unfinished and being used for storage but can be easily converted into a fourth ensuite bedroom, if desired.
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- The property is located just a quick 5 minute drive from Bocas Town along a paved road or a half hour walk along soft sand beaches.
- The sellers have an applied for a Panamanian concession to construct a private boat dock in front of the property. It is currently in the final phase and is expected to be finalized by September
- There is a large workshop on the property which could easily be converted to an employee residence, guest cottage, dance or art studio, business office or anything you would like.
- Wildlife is abundant in the area. There are blue crabs, toads, howler monkeys in the nearby trees calling out, pelicans swooping down into the bay, an amazing assortment of fish (including the occasional dolphins) and a beach often laden with sand dollars and other sea shells.
- The actual house is 3,600 sq. ft. with all construction phases permitted and registered with the government.
- Almost every room in the house has louvered doors onto a balcony and overlooking the bay and lights from the island.
- The house is “on the grid” so it has city elecricity and city water (with back up storage tank). It is also serviced by telephone land or cell service, wireless or adsl internet and Direct TV.
- All kitchen appliances are included in sale — refrigerator, stove/oven, and Maytag large capacity washer and dryer. Other items including furniture and furnishings are negotiable.
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Description
This amazing
Caribbean Colonial home is only two years old and sits majestically overlooking a quiet bay and swimming beach. It is almost three acres (11,226 sq mts) of meticulously manicured lawns sprinkled with tropical gardens, fruit trees and streams.
This magnificent home can either be maintained as a private family villa or can easily be converted into an exquisite Bed and Breakfast with a first-class restaurant.
With such a large piece of oceanfront land, the potential for this property is endless.
This is a one of a kind home designed with careful attention to every detail. It has a proven clear title and comes with application for a concession for a private boat dock in the bay right in front of the house.
While this lovely home is private and serene, it is conveniently located on a paved road and is only a five minute drive into the bustling community of Bocas Town with all it’s hot spots and hub of activity.
Best of all, the house has been granted a 20-year tax exhonoration….NO PROPERTY TAXES FOR THE NEXT 18 YEARS
Offered at:
US$850,000
For more information:
Photographs:
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