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Private Island For Sale In Bocas Del Toro



$4,000,000



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    Property ID
    PIBDT003
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    Concession, Right Of Possession, Titled
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    Land Size
    420000 Sq Meters

Updated on April 2, 2020 at 9:47 pm

Location

  • State/county: Caribbean
  • Province: Bocas Del Toro
  • Country: Panama

Description

This island is located in a strategic location near a number of residential properties and a few hospitality properties, only 15 minutes away from Isla Colon. The island’s terrain is a mix of low lying land and a large hill offering spectacular views. A number of different trees are found on the property, and a large quantity of coconut palms. This island was the site of a future development which would include over-the-water bungalows and a hotel/restaurant on the island itself. Some of the infrastructure is still present on the island, seen in the photos, but the future owner will have the opportunity to continue with the development and create their own designs, or use the island for a completely different purpose such as segregation into various parcels to be sold. It is important to note that much of this island is low lying and would require future improvement and fill. The over-the-water potential of this island is perhaps its best feature. The island could be divided up into various parcels including over the water concession sites, and sold as residential properties for construction of over-the-water Caribbean style homes frequently found in Bocas. Island currently includes a water concession of 3,635m2.