Turnkey Overwater Bungalow Business with Restaurant

Own an Established Overwater Hospitality Business in the Caribbean

Wake up to breathtaking Caribbean sunrises, welcome guests arriving by boat, and own one of Bocas del Toro’s most unique hospitality investments. Situated in the colorful waterfront community of Old Bank on Isla Bastimentos, this fully operational overwater bungalow business combines boutique accommodations, an established restaurant and bar, and significant expansion potential in one turnkey investment.

Positioned just minutes from Bocas Town yet surrounded by the relaxed island lifestyle that has made Bocas del Toro one of Central America’s most desirable tropical destinations, this property offers investors immediate income with room for future growth.

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Property Highlights

• Price: $349,000
• Location: Old Bank, Isla Bastimentos, Bocas del Toro, Panama
• Property Type: Boutique Hotel / Hospitality Business
• Land Size: 1,543 m² (Titled)
• Bedrooms: 4
• Bathrooms: 4
• MLS: 60002-21098

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Investment Highlights

• Four beautifully designed overwater bungalows
• Fully operational restaurant and cocktail bar
• Proven income-producing business
• Excellent online guest reviews
• Turnkey operation with furnishings and equipment included
• High-return hospitality investment
• Expansion potential for additional accommodations
• Minutes from Bocas Town by water taxi
• Panama residency eligibility through qualifying investment

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The Accommodations

Guests experience authentic Caribbean overwater living from four private bungalows built directly above the crystal-clear waters of Bastimentos. Spacious interiors, panoramic sea views, folding glass walls, king beds, hot-water bathrooms, and private decks create an unforgettable island retreat.

The two newest bungalows feature modern finishes, air conditioning, four-poster king beds, and contemporary amenities, while the original larger villas accommodate families or longer stays. Every bungalow is positioned to maximize privacy, cooling ocean breezes, and spectacular sunset views.

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Restaurant & Bar

The property’s popular restaurant serves both overnight guests and visitors exploring Bastimentos.

Features include:

• Fully equipped commercial kitchen
• Cocktail bar
• Indoor and outdoor dining
• Laundry facilities
• Road access
• Established food and beverage operation

The restaurant has become a destination for breakfast, lunch, dinner, cocktails, and sunset dining, creating an additional revenue stream beyond accommodations.

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Expansion Opportunity

One of this property’s greatest advantages is its future upside.

The titled land offers elevated building sites with ocean views, while the waterfront provides opportunities for additional overwater structures (subject to local approvals). The existing infrastructure, established reputation, and available space allow new owners to significantly increase room inventory and revenue over time.

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The Bocas del Toro Lifestyle

Bocas del Toro is internationally recognized for its laid-back Caribbean atmosphere, vibrant marine life, and world-class surfing. From the property, guests can easily reach many of the region’s most famous attractions, including:

• Carenero
• Black Rock
• Old Man’s
• Silverbacks
• Paunch
• Bluff Beach
• Wizard Beach
• Red Frog Beach
• Long Beach

Whether guests come to surf, snorkel, dive, paddleboard, fish, or simply relax over turquoise waters, Bocas offers year-round tropical adventure.

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Why You’ll Love It

This is far more than real estate—it’s an established Caribbean lifestyle business with immediate income, an exceptional waterfront setting, and the opportunity to expand into one of Panama’s premier boutique hospitality destinations.

With overwater accommodations, a successful restaurant, titled land, expansion potential, and one of the Caribbean’s most recognizable island destinations at your doorstep, opportunities like this rarely become available.