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The thing that makes Old Bank so unique is the Afro-Caribbean culture, that tourists are blessed to experience. The community has their own dialect alive and well in this festive little corner of the earth. Colorful homes line the sidewalks and hammocks are hung on every breezy patio. The town is about a 10 minute boat ride from the main island of the Bocas del Toro Archipelago, and the Free Spirit Home and Guest House is located a short walk up a paved path, where its nestled on the hillside with beautiful ocean views.
AN OASIS FOR THE FREE SPIRIT
The Free Spirit Home and Guest House is located in the one and only Old Bank, Isla Bastimentos. One of the most unique towns in Panama (if not the world) where the pace is slow, the atmosphere is relaxed, there are no cars or roads, just sidewalks and the magnificent Caribbean Sea!
Outdoor Kitchen
solar system
rain water collection
Municipal Power
Wifi
Rental Units
--
Amenities
THE PROPERTY
The property is income generating and opens the doors of its guest house to travelers from all around the world. It’s a versatile place which offers a home, an income, and a fertile garden. Bananas, ylang ylang, biriba, turmeric, neem, pineapples, and chili peppers are all ripe for the plucking. With World class surfing close by on Wizard beach, jungle hikes through Isla Bastimentos’ national park, marine or terrestrial, you will never run out of things to do & places to explore. Let your free spirit thrive at this amazing little property!
THE HOME
Whether you want a family home/compound, an income generating business or both, this versatile property will suit your needs. The 1/3 acre property is titled and fully fenced, and has a collection of buildings to explore.
The 1560 square foot guest house is two stories, the garden level is a large open concept communal zone for visitors with a kitchen a dining space and a lounge area. Up stairs are 2 bedrooms, each room has its own bathroom and a loft for extra guest capacity. The building style is open and airy and made of natural wood.
A 3 story owners home has a storage bodega on the ground floor where the solar system is located as well as the workshop. The second floor has the kitchen, a full bathroom, a temperature controlled pantry and laundry room, and the top floor has the master bedroom with ensuite bathroom, as well as a lounge/ tv area.
Additionally, the property has a fourth bathroom for visitors or garden help, a cute snack stand at the enterance and 2 chicken coops which add to the entrepreneurial spirit of the property. Little businesses waiting to be explored or expanded upon all with breathtaking views of the bay, nestled in a fun, vibrant and authentic Caribbean neighborhood.
Rental Income
Island
Ocean view
Proximity to national park
Features
OFF GRID SYSTEMS
The Free Spirit Home and Guest House are both on and off the grid! The best of both worlds helps keep costs at almost zero! Water is collected from the rain and stored tanks adding up to 6,000 gallons! The energy is split between the municipal power and the property’s very own solar system with 48 volt, 4000 watts and 16 new batteries.
THE EXTRAS
- Much of the furniture included
- All of the appliances included
- Owner financing is available for qualified buyers!
Residential
Commercial
Free Spirit Home and Guest House
USD 269,000
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ID:
ID: 0186
Date added:
7/21/2023
Bedrooms:
3
Floors:
3
Bathrooms:
4
Status:
Titled
Lot size:
1,350 m2
Location:
Old Bank, Isla Bastimentos, Bocas del Toro, Panama
Facts
More about this Property
Carmen
Roots Real Estate Panamá
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