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$ 500,000
Est. payment /mo
Active
Contadora Island
5 Beds
4 Baths
2,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $250
Bedrooms 5
Full Baths 4
Lot Size 5,382 Sqft
Property Description
Top-Rated B&B for Sale in Contadora – Hibiscus House
Located on the tranquil shores of Contadora Island in Panama's Pearl Islands, Hibiscus House presents a rare opportunity to own a fully operational and highly rated Bed and Breakfast with over a decade of proven success. Priced at $500,000, this turnkey property includes the corporate license and ATP tourism permit, allowing for seamless continuation of operations under a new owner.
The property sits on a 500 m² (5,382 sq. ft.) lot and offers approximately 186 m² (2,000 sq. ft.) of interior living space. It features five comfortable bedrooms and four bathrooms, currently rented individually through Booking.com, Airbnb, and the property's own website. Hibiscus House is currently the top-rated property on Booking.com in Contadora and also holds excellent reviews on Airbnb.
In addition to the interior space, the property boasts two spacious terraces, both approximately 65 m² (700 sq. ft.) each, one at the front and one at the back, perfect for entertaining or relaxing. Below the house is a tiled area with potential to build an owner's suite or additional guest accommodations, expanding the business or providing personal privacy.
The B&B benefits from its proximity to public land and the island's yacht club, offering a prime location with natural privacy. A full-time live-in manager, with seven years of experience on site, handles the day-to-day operations and is willing to stay on under new ownership. There is also a long-term housekeeper with over a decade of service. The setup is ideal for either hands-on owner management or passive operation with seasonal use as a vacation home.
Hibiscus House is also equipped with 12,000 gallons of water storage and a rainwater collection system, making it nearly self-sufficient during the rainy season. The island's new desalination system has proven reliable during the dry months.
This is a rare opportunity to own a well-established, top-rated boutique hotel in one of Panama's most desirable island destinations. Whether as a business investment or private escape with rental income, Hibiscus House offers the perfect balance of lifestyle, location, and potential.
Located on the tranquil shores of Contadora Island in Panama's Pearl Islands, Hibiscus House presents a rare opportunity to own a fully operational and highly rated Bed and Breakfast with over a decade of proven success. Priced at $500,000, this turnkey property includes the corporate license and ATP tourism permit, allowing for seamless continuation of operations under a new owner.
The property sits on a 500 m² (5,382 sq. ft.) lot and offers approximately 186 m² (2,000 sq. ft.) of interior living space. It features five comfortable bedrooms and four bathrooms, currently rented individually through Booking.com, Airbnb, and the property's own website. Hibiscus House is currently the top-rated property on Booking.com in Contadora and also holds excellent reviews on Airbnb.
In addition to the interior space, the property boasts two spacious terraces, both approximately 65 m² (700 sq. ft.) each, one at the front and one at the back, perfect for entertaining or relaxing. Below the house is a tiled area with potential to build an owner's suite or additional guest accommodations, expanding the business or providing personal privacy.
The B&B benefits from its proximity to public land and the island's yacht club, offering a prime location with natural privacy. A full-time live-in manager, with seven years of experience on site, handles the day-to-day operations and is willing to stay on under new ownership. There is also a long-term housekeeper with over a decade of service. The setup is ideal for either hands-on owner management or passive operation with seasonal use as a vacation home.
Hibiscus House is also equipped with 12,000 gallons of water storage and a rainwater collection system, making it nearly self-sufficient during the rainy season. The island's new desalination system has proven reliable during the dry months.
This is a rare opportunity to own a well-established, top-rated boutique hotel in one of Panama's most desirable island destinations. Whether as a business investment or private escape with rental income, Hibiscus House offers the perfect balance of lifestyle, location, and potential.
Listed by Robert Lau • Engel & Völkers Panama City