8QR5+83C, C. 5TA, BOCAS DEL TORO, PANAMA

Building for Sale in C. 5ta, Bocas del Toro, Panama USD 595,000

Bedrooms7
Bathrooms8
Area, m²350
Agency id10454
AvailabilityAvailable

INVESTMENT OPPORTUNITY – 7 UNIT BOCAS DEL TORO APARTMENT BUILDING

Built in the vibrant Old Colonial style, this charming apartment building blends classic Bocas architecture with modern amenities. Strategically located in the heart of Bocas Town, it offers immediate rental income, long-term stability, and a tropical lifestyle for owners and guests alike.

THE BUILDING

This apartment block is made of almost 100% nispero! An incredible hardwood native to the area, and ideal for low maintenance and durability. The Apartments have an 85% occupation rate and are rented both long and short term. The building is divided as follows:

1 spacious 2 floor unit with an open floor plan connecting the kitchen to the living space, 1 enclosed bedroom, one loft bedroom and 2 bathrooms. This unit boasts 2 outdoor living spaces, a garden level patio and a second story veranda.
NOW 6! studio apartments each with their own kitchen and bathroom, and outdoor living space. 3 are ground level, and 3 are located on the top floor and have vaulted ceilings.
Each apartment unit is furnished and comes with appliances, including air-conditioning. The property has a full time caretaker for quick fixes and continued maintenance, a storage room, and video surveillance. Water is a dual system of rain catchment and city water.

THE PROPERTY

The Bocas Town Colonial Style Apartment Block is 200 m2 of TITLED prime real estate in the heart of Bocas Town, this property is steps from the beach, the airport and all the charming quirk town has to offer this location offers unmatched access for residents and travelers alike.

THE COMMUNITY

Bocas Town is short on long term rentals! Dive into a low maintenance and desired niche by providing a community need. More than a tourist hub—it’s a melting pot of creators, nature lovers, digital nomads, and entrepreneurs. With increasing access to organic markets, wellness-focused businesses, and an international community, the town is evolving into a lifestyle destination with deep roots and an exciting future.

THE DREAM

The Bocas Town Apartment Block is perfect for your Tropical Investment:
Ready to earn from day one, this property combines charm, stability, and excellent return potential. Whether you’re a hands-on investor or looking for a turnkey opportunity in the Caribbean, this asset delivers an excellent return on your investment.

  • Transport: Mini Bus to Boca del Drago (197 m · 2 min walk), +1 more nearby
  • Education: Habla Ya Spanish School (444 m · 6 min walk), +1 more nearby
  • Shopping: Mini Super El Parque (260 m · 3 min walk), super centro alba (270 m · 3 min walk), Mini Super Manzanilla (292 m · 4 min walk), +7 more nearby
  • Health: Bocas Pharmacy (306 m · 4 min walk), Rosa Blanca (470 m · 6 min walk), +2 more nearby
  • Leisure: Parque Simón Bolivar (230 m · 3 min walk), Gimnacio Municipal (280 m · 4 min walk), Island Fitness (872 m · 11 min walk), +1 more nearby
  • Dining: Cala Luna Pizzeria (73 m · 1 min walk), Alberto‘s Pizzeria (75 m · 1 min walk), The Coffee Shop (91 m · 1 min walk), +65 more nearby
  • Noise sources: Aeropuerto Internacional de Bocas del Toro Isla Colón (921 m · 12 min walk)

Distances are straight-line, based on OpenStreetMap data.

INVESTMENT SNAPSHOT

PRICE / M²

$1,700

Verdict: partial

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Estimates only — not financial advice. Prefilled with typical panama financing profile figures — adjust to your own scenario. Rent estimated from area market rates (Bocas del Toro) and location/building factors (Public transport +5%, Shops nearby +3%, Schools +2%, Parks +2%, Road / rail / airport noise −6%).

Price context

This listing: USD1,700/m² — 14% below the median of USD1,975/m² across our 17 listings in this area.

USD2USD17,419

Reading a price below the area level: a lower per-m² price can be genuine value — larger units price lower per m², and motivated sellers exist — but check the usual reasons first: renovation needs, noise exposure (roads, rail, flight paths), unfavourable floor or orientation, leasehold/servitudes, and pending building-fund obligations in condominiums. Points in its favour here: public transport (Mini Bus to Boca del Drago — 197 m · 2 min walk), schools (Habla Ya Spanish School — 444 m · 6 min walk), daily amenities (Mini Super El Parque — 260 m · 3 min walk).

No map data found nearby for: water proximity — worth asking the agent about these.

Positioning within our own current listings in the same area — asking prices per m², not an appraisal or market valuation. Size mix, condition, and plot differ between properties.

Investment factors
  • Public transport Mini Bus to Boca del Drago — 197 m · 2 min walk
    Walkable rail or bus access consistently supports resale value and rentability.
  • Water proximity
    Lake, river, or sea frontage and water views command lasting price premiums in most markets.
  • Schools Habla Ya Spanish School — 444 m · 6 min walk
    Nearby schools widen the tenant and buyer pool to families and stabilise long-term demand.
  • Daily amenities Mini Super El Parque — 260 m · 3 min walk
    Groceries within walking distance is a top liveability filter for both tenants and buyers.
  • Parks & recreation Parque Simón Bolivar — 230 m · 3 min walk
    Green space nearby improves quality of life and supports value in dense areas.

Based on OpenStreetMap data. ✓ strong   • present   ◦ no data.

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