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Registered: 11-2005
Posts: 102
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FOR SALE - Well established, busy hostel-type hotel in Bocas Town


FOR SALE: Budget hotel in Bocas Town, Bocas del Toro, Panama

PRICE: $300,000

Well established, busy, successful European style hostel on Main Street in front of the park in Bocas Town. This 9 room, 3 bath hostel is highly recommended in Lonely Planet's "Panama," and in many backpacker travel guides and websites. It has an international clientele of budget travelers all year round, and is well known as the
most desireable hostel in town. It has a guest kitchen with new appliances, and a living/dining room.

The property also includes a completely remodeled, spacious one bedroom owner's apartment that you can live in or rent in the tourist market or long-term.

In addition, the business now holds a valuable "Law 8" concession, which makes the property exempt from income and property taxes until 2015 (or longer, if Law 8 is renewed.). This concession is transferable, as the hotel will be sold with a transfer of all shares in the corporation that owns it.

This is a CASH SALE ONLY, please do not ask for "seller financing" as there is none. Price: $300,000.

Email: [email protected]

Phone: 507-6612-1209

Web link to see photos: http://www.viviun.com/AD-57273/
7/23/2006, 5:08 pm Link to this post Send Email to susangg   Send PM to susangg
 


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