Isla Palenque Houses

For Sale

Vacation Home For Sale in Palenque, Colon

$ 145,000

The property Located in the beautiful village of Santa Isabel in Palenque, just over an hour's drive from Colon, this traditional beach property is full of charm and character and has served as a bed and breakfast until 2021 by the previous owners. It offers the perfect opportunity to start a similar activity due to the proximity to San Blas Island or can be used as a family home. It currently offers: A large open-plan living area Kitchen Terraces with sea views 3 bedrooms 3 bathrooms within 2 independent accommodations A third building that is ready to be completed for possible additional rental income or as accommodation for a large family. The property includes a total of 238 square meters of construction within 2 houses and offers a large bright living room, an open kitchen, 3 bedrooms and 3 bathrooms, which are divided between the two main houses. The property also has an additional partially finished building to the rear of the property which can be finished as additional living space or as storage. All utilities are available, water, electricity and septic tanks. The property is walled on one side, fenced on the other 3 sides and has a very large and good sized front and back garden with lots of coconut trees and plenty of space for a pool and patio. This is an exceptional purchase and a rare find very close to the beach. The house is in good general condition and is sold "as is" it only needs general maintenance and a little renovation to make it comfortable and prepare it for beach life. This spacious beachfront property of 1,626 m2 lot is just 25 meters from the golden beach of Palenque, on the Costa Arriba, it is set over a large garden with approx. 20 mature tree-producing coconut trees along with a variety of other beautiful trees that are located within the boundaries of the property and promise great potential and endless possibilities for improvement. The property is lovingly looked after and maintained by an excellent caretaker, who is well respected in the community and can be useful for new owners. The current owner, a British national, purchased this property as a tourism development project, but unfortunately is now unable to travel to Panama due to personal work commitments, so she is looking for a new owner to take over this beautiful property, with its proximity to the beach, fishing, snorkelling and all that mother nature has to offer, as well as the proximity of the San Blas Islands and regional national parks. This property is titled, free of liens, all taxes and utilities are up to date with full legal representation by owners attorneys based in Panama City. The 2025 tax amount for this property is: $298.35 The location Colon is the second largest city in the Republic of Panama and is located at the Caribbean entrance to the Panama Canal. Colon is home to the Colon Free Zone, the second largest free zone in the world. Colon is also home to Panama's largest cruise passenger ports. The Caribbean beaches of Colon are beautiful and rich with biodiversity and history, these beaches have incredible coral reefs, which are excellent for diving.

Isla Palenque 3 3 1626m²

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