Isla Colon, Bocas del Toro

Key Features:

• 200m2 titled land size
• 6 units including 5 studios, 1 duplex and additional studio currently under construction
• Income Generator
• Central location in Isla Colón, Bocas del Toro
• Suitable rental units for long-term and short-term
• Fully equipped apartments with kitchens, AC units, terraces
• Backup water system with four 1,100L tanks and a 2,600L tank
• 10 minute walk from the airport, 5 minute walk from the the beach
• Across from a supermarket

This rental apartment is centrally located on Isla Colón, Bocas del Toro, and offers convenient access to key amenities. Situated right across from a supermarket, 15 minutes from Bocas Town and just a 10-minute walk from the airport, it provides ease of access for guests. The property currently features a mix of long-term rental apartments and Airbnb units.

Property Features

Built in a typical Caribbean style, the building offers several rental units spread on two levels. The construction is entirely made of treated wood on a concrete slab. The first floor includes three studio apartments that are currently used for Airbnb, while the lower floor has 2 units used for long term rentals.

All units are fully equipped with kitchens ( fridge, propane stove, and storage), bathrooms, air conditioning units, as well as, balconies for the top units or terraces for the downstairs units. The top-floor units feature vaulted wood ceilings, adding a spacious feel to the space. The property is fenced, and each apartment on the lower floor has its own private access to the street, along with a private terrace and lounge chairs.

On the far left of the building, there is a open concept duplex also used as an Airbnb. The top floor offers a a king-sized bed, bathroom, and a large closet, while the downstairs includes a kitchen, living room, bedroom, and a small bedroom ideal for a child or teenager.

The laundry room is currently being renovated to create a sixth studio apartment, which will increase rental revenue.There is a workshop with a bathroom located in the back of the property where the new laundry room could be located.

Location and Accessibility

Located on Calle Octava in Isla Colón, this property is ideally situated for guests seeking easy access to shops and restaurants. The airport and the beach are within a short walking distance, and the road facing the property is frequently used by taxis, making it easy for guests to catch a ride to further destinations if needed.

Utilities

The property is connected to city services, providing affordable electricity. For water, it is equipped with four 1,100L water tanks, along with an additional 2,600L tank to collect rainwater and store city water. A set of cameras is installed to ensure full security.

Income Potential

This property presents a fantastic investment opportunity for someone looking to take over a turnkey business on Isla Colón, Bocas del Toro. With its combination of long-term rental units and short-term Airbnb-style apartments, the property generates consistent income. Additionally, the ongoing conversion of the laundry room into another apartment will further increase its rental potential.

With some upgrades, this property could easily be transformed into a charming boutique hotel, offering a unique experience for visitors to the area.

Isla Colón is one of the fastest-growing tourist destinations in Panama, making it an ideal region for real estate investments. This property provides a practical and profitable option for those looking to enter the Bocas del Toro rental market

Contact Information

Please contact Casa Solution for more information or to visit this 5 Studios and One Duplex Caribbean Rental Apartment are for Sale on Isla Colón, Bocas del Toro. Great income generator!

If you're looking to buy real estate in Isla Colon, Bocas del Toro or properties anywhere in Panama, please take a look at our page for buyers, and if you're considering selling your real estate in Panama please visit our page for sellers.

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