Hostel Over The Water in Bocas Del Toro Panama.
This is for PURCHASE ONLY. No lease, no owner financing.
This is a 5 room house built over the water in Bocas Del Toro Panama. Right now it is operated more as a Bed and Breakfast then a hostel. There is a 2nd 3 rooms built next to the house that are not included in the purchase price but that we currently manage. Any negotiations to include those room would take place with the owner of that property which is not me but I could for sure help you if interested.
Currently we have 100s of reviews on tripadvisor and repeat clients who come back year after year. The property makes between $60,000- $70,000 a year from reservations as it sits. It can easily be operated with only 1 staff member to clean if you are willing to manage the business yourself.
The cost to purchase is $380,000 which is just about 5 years operating revenue.
Only serious buyers with financing or cash offers please. This is the perfect business for a retired couple looking for a turn key operation with a good long term reputation and everything in place to keep cash flowing coming in from day 1.