BED BREAKFAST HOTEL ON TABOGA ISLAND 30 MINUTES FROM PANAMA CITY

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Taboga, Panamá

(Negociable) $775 000USD

BED BREAKFAST HOTEL ON TABOGA ISLAND 30 MINUTES FROM PANAMA CITY
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  • Metros Cuadrados Totales: 450
  • Tipo de Vendedor: Inmobiliaria
  • Estacionamiento: Si
  • Cuartos: 7
  • Cuartos de baño: 8

Don't miss this great opportunity to purchase your own Taboga Island B&B hotel property located beside a tropical forest with fabulous ocean views. In a tranquil corner of the village, your guests experience tropical weather, cool breezes, and no hurricanes. A scenic 30-minute ferry ride brings you to the B&B across the Panama Canal. The current owners have built up this business for 12 years and have a built-in clientele. The entire property consists of 3 full ownership lots that have the potential for expansion or building of rental condominiums. Take advantage of this opportunity to live in the tropics, semi-retired, and run your own thriving business. Contact us now! CURRENT DESCRIPTION AND USE OF PROPERTY: Currently, Cerrito Tropical Bed and Breakfast Lodge offers relaxed family-style accommodations, a restaurant. All rooms have a flat-screen TV and access to private or shared balconies, and include air conditioning, fans, and a private bathroom with a shower. Some rooms have a direct sea view. There is a total of six rooms/apartments (one apartment with 2 bedrooms) and a dormitory for small groups. Free WiFi access is available for guests. At B&B Hotel Cerrito Tropical you will find a tropical garden with a bohio and a roofed terrace with ocean views; A perfect area to install a swimming pool or jacuzzi. The property is a 5-minute walk from the beach. There is also an excellent bay for your own boat mooring. The property consists of 3 lots covering approximately 905 m². Besides the opportunity the to expand the building, an investor could add condominium units. Architects renderings for additional apartments on original building including owners’ residence, and architect’s renderings for future condominiums on empty lot are available. Located in a good, quiet neighborhood, with 5 other tourism rental properties nearby, one of them a 5-star villa The property is covered with pineapple plants, bananas, plantains, papaya, lime, aloe, coconut, oregano, and more. A well, plus a rainwater system, and the island's new water filtration system provide continuous pure water. ACTIVITIES AND AMENITIES ON TABOGA: Tourists and Panamanians escape from bustling Panama City on a short 30-minute ferry to Isla Taboga where there are no cars, no aggravation, just peace and tranquility. Taboga has the closest beach to Panama City, so instead of driving one to two hours in weekend traffic to the Pacific beaches, smart people take the Taboga Express Fast Ferry and head to the very accessible beaches near the pier. The pier, the entrance and the beach have been renovated and received new public bathrooms all inaugurated in 2018. The local government is continuing the work by adding impressive sculptures of natural elements which can be found around the island as well as areas to show of the flowers the island is so famous for. Taboga is called the Island of Flowers, an island of perennial blossoms, humble people, history from the 1500's, and a very special paradise. The island has roughly 1,000 residents, but the population swells on weekends with the arrival of locals and international tourists. After taking the fast 30-minute ferry, visitors can sun bathe on its white sand beaches and swim in its sparkling clear waters, hike the mountain through the natural forest - meanwhile on the Panama mainland friends and neighbors are still on the road trying to find a beach. Lying in the path of the Trade Winds, gentle sea breezes are always present, with temperatures usually in the 70’s and 80’s. Visitors also stroll along its flower lined paths, walk its pristine nature trails, smell the roses, taste the forbidden fruit, and just explore and discover. The flora here is a stunning display of nature’s vitality. The 3 km Spanish Cross Hike begins just minutes from Cerrito Tropical. Staff can help arrange boating, fishing, snorkeling, or hiking outings with local guides with an advanced reservation. plus an enjoyable day a relaxing massage. In summer months more watersports are available such as kayaking, banana boats, and is a great spot for stand up paddling (SUP equipment rentals as yet). Restaurant services are available for breakfast and dinner upon reservation. Several international level restaurants, as well as a variety of local food kiosks can also be found on the island. NEWS FLASH: Panama to Offer Concession to Run Taboga Island Theme Park PANAMA CITY – The Panama Tourism Authority (ATP) announced in August that it will seek bids on a five-year concession to operate the Geoturismo theme park on Taboga Island. The aim of the initiative is to safeguard the public investment made in the project, the ATP said. Designed by the ATP and the Taboga municipal administration, Geoturismo covers an expanse of 19 hectares (47 acres) and includes a zip line, an obstacle course, and hiking trails. Bidding ended October, 2018. MORE BIG NEWS: From local sources, we have been told that a luxury boutique American hotel group has purchased a site for renovation on Taboga Island; plus several luxury homes have been purchased recently. IMPORTANT ISLAND FACILITIES: The island water plant is equipped with a reverse osmosis system. A desalination system also ensures pure drinking water. A new pier has been built over the last year. An excellent health clinic with doctor, nurse, pharmacy and lab is well-established. A police station and a maritime authority provide security on the island. For the convenience of tourists and residents alike, Taboga now has a Banco Nacional ATM. ADDITIONAL POSSIBILITIES FOR PROPERTY: Establish the property as a fishing lodge or a combination. The location here has a lot of upside for this type of venture. The cost of fishing outings out of Panama City and exclusive Panama fishing resorts can be very expensive. At Taboga there are no mooring fees, which would cut down overhead tremendously. Consequently, a fishing lodge here could be affordable for the average fisherman. Historically, Taboga has been a fishing island and has a base of experienced local fishing guides to choose from. Furthermore, there are mooring spaces available just down the hill from Cerrito Tropical. Again, only a 30-minute boat ride brings you to Taboga. A concept that is becoming popular in Europe and large centers in North America is the “Luxury” Hostal, which gives yet another possibility for an investment.

Taboga, Panamá
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