Oceanfront Condo Hotel — Bocas Bay Resort, Bocas Town · $6,900,000 · 60002-14002
FOR SALE
Bocas Bay Resort, Bocas Town · Bocas del Toro, Panama
Listing #60002-14002
$6,900,000
🏢 32 Titled Condo Units • 📐 38,400 SqFt • 🏝 Oceanfront · Cabana Beach • 💰 $2M+ Income Potential
What You Should Know
- Gated, secure oceanfront resort — all units ocean-facing
- 32 individually titled, fully furnished luxury condos
- Generous owner-use allowance
- Oceanfront Cabana Beach frontage
- $2M+ annual rental income potential
- 12 garages with electric doors + 20 secure parking spaces
- Fully titled with property-tax exemption through Nov 2030
About This Property
Bocas Bay Resort is a titled, turnkey oceanfront condo hotel set directly on Cabana Beach — 32 fully furnished luxury units positioned for vacation rentals, long-term leasing, or individual resale, all with open Caribbean views and a short walk from downtown Bocas Town.
Resort overview:
- 32 furnished luxury condos across two elevator towers
- 12 garages with electric doors + 20 secure parking spaces
- Gated community with 24/7 security and concierge
- Oceanfront Cabana Beach, tiki bar, and potential marina space
Every unit features a full gourmet kitchen with granite counters and stainless appliances, walk-in closets, multi-split A/C, oversized balconies, and designer glass bathrooms with Jacuzzis or massage showers. Top-floor penthouses add cathedral ceilings, arched designer doors, and panoramic ocean views.
Income potential: an estimated $2,025,000 annual gross at a conservative 62% occupancy (≈225 nights), with operating costs projected under 20% — plus upside from garage rentals, the tiki bar, and potential marina development.
Construction & title: appraised at $10M and built by a well-known local developer; 5-meter sliding glass doors, stainless designer railings, and double-paned windows throughout. All units and land are fully titled, with property-tax exemption through November 2030 — ideal for a hotel license, condo-hotel model, or full rental operation.
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Location
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United Country Bocas del Toro
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