Spectacular beachfront property for sale in Colón Province, currently operating as a hostel, ideal for investors seeking an established tourism business. Located in a strategic area with easy access, this property offers direct ocean views, a relaxed atmosphere, and an authentic experience for national and international travelers.

The property features accommodations, common areas, terraces with ocean views, and all necessary facilities to continue operations immediately. Its privileged location makes it an excellent opportunity to develop a boutique hostel, small hotel, eco-lodge, or tourism project.

Unique beachfront investment opportunity with growth and profitability potential in one of the most promising tourism zones of the Panamanian Caribbean.

Property Details

• Land area: 2,500 m²
• Negotiable price: $800,000.00
• Boat garage and parking for 2 vehicles
• 8 air-conditioned bedrooms
• Reinforced concrete perimeter wall with Japanese grass
• Covered rancho with clay tile and tejalit roof with grill
• 6 bathrooms
• Kitchen
• Observation tower
• Rancho with grill

Location

Portobelo is a picturesque and historic town situated on Panama's Caribbean coast, approximately 1 hour by car from Panama City via a newly constructed highway connecting Panama City and Colón.

Portobelo boasts a long history dating back to the 16th century, when Christopher Columbus discovered Portobello Bay on his fourth voyage to America. Notable explorers and pirates who left their mark in Spanish Portobello include Francisco Pizarro, William Parker, Admiral Edward Vernon, Sir Henry Morgan, and Sir Francis Drake, whose remains are rumored to be buried in a lead coffin beneath the pristine waters and coral reefs of Portobello Harbor. Remnants of these historical times include the ruins of Spanish colonial fortresses with lined cannons.

Portobelo's protected bays are frequented by sailing enthusiasts, and the coastal road is dotted with dive shops and restaurants.