Calipso Hostel - an architectural jewel and profitable!

Priced to Sell
Income Producing
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Property Details

Property ID
14187
Status
For Sale
Location
Bocas del Toro
Property Type
Hotel
Sale Price
$ 584,850
Year Built
1902
Built Area
400
Total Area
200
Bedrooms
9
Bathrooms
9.5
Title Status
Property Title
Date Published
Jul 16, 2024
Updated
Sep 21, 2024
Times Viewed
13012

Property Description

Over 120 years old and still going strong!

The HOUSE is located on Calle Tercera in front of the Municipality of Bocas del Toro and Simón Bolívar Park; It is located on the main and most commercial street of Isla Colón.

THE PROPERTY WAS PURCHASED 15 YEARS AGO, it was completely disassembled and rebuilt, from the foundations, roofs, zincs, to all new electrical and plumbing systems, beams, floors, walls and 13 completely new bathrooms, etc., respecting the same Afro-Caribbean wooden architecture, according to documentation and plan from 1947.

The land where it is located is a titled land of two hundred square meters (200 m2), and with four hundred square meters built (400 m2 spread over two floors. Constructed with a steel frame, zinc roof, wooden exterior and wooden interior walls, suspended ceiling, tile floors, ceramic-lined bathrooms and wooden French windows; electricity panel, fire alarm panel, three reserve tanks of 1000 litres each with a total capacity of 3000 litres of water; with its respective pump and an auxiliary pump for emergencies, tub, sanitary service for Janitor, laundry area, sinks and registers; common area on the ground floor thirty square meters (30 m2); and stairs with wood; more balconies on the second floor, also as a common area of about twenty-five square meters (25 m2).

The Hostel is now being run as an AirBnB and is profitable.

Property Features

  • Furnished
  • Appliances
  • Laundry Room
  • Balcony/Terrace
  • Backyard/Patio
  • A/C
  • Storage
  • Kitchen
  • Office
  • Dining Room
  • Internet & Cable Ready
  • Cable TV
  • Ocean View

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