Beach house for Sale in Palenque, Santa Isabel, Costa Arriba

The property

Located in the beautiful village of Santa Isabel in Palenque, just over an hour drive from Colon, this traditional beach property is filled with charm and character has served as a bed and breakfast up until 2021 by the previous owners. It offers the perfect opportunity to start a similar activity due to the close proximity to San Blas Island or it can be used as a family home. 

It currently offers:

• A large open plan living area
• kitchen
• terraces with sea views
• 3 bedrooms
• 3 Bathrooms within 2 independent accommodations 
• A 3^rd building which is ready to complete for potential additional rental income or as accommodation for a large family.  

The property includes a total of 238m2 of construction within 2 houses and offer a large bright living room, an open kitchen, 3 bedrooms and 3 bathrooms, that are divided between the two main houses. The property also has an additional partially completed building at the rear of the property that can be finished as either additional living space or as a storage.

All public services are available, water, electricity and septic tanks, and the property has a documented legal title.

The property is walled one side fenced on all the other 3 sides and has a very large, nice size front and back garden with many coconut trees and plenty of space for a pool and patio. This is an exceptional buy and a rare find very close to the beach.

The house is in good overall condition and sold “As Is” needs only general maintenance and minor renovation to make it comfortable and to prepare you for the Beach Life!

This spacious 1626 sqm beautiful beachfront property is just 25 meters from the golden beach of Palenque, on the Costa Arriba is set over a large garden with approx. 20 mature coconut producing trees along with a variety of other beautiful trees are within the property boundary and promise great potential and endless upgrade possibilities. 

The property is lovingly cared and maintained for by an excellent Caretaker, who is well respected in the community and may come in handy for the new owners.  

The current owner, a British national, bought this property as a hobby / tourism development project but sadly is now unable to travel to Panama due to personal work commitments and so is looking to find a new owner to take on this beautiful property, with its proximity to the beach, fishing, diving and all that mother nature has to offer as well as the closeness of the San Blas islands and regional national parks. 

This property has clear deeds, free of debts, all taxes and utilities are up to date with full legal representation for the Owners’ Lawyers based in Panama City.

The location

Colon is the second largest city in the Republic of Panama and is located at the Caribbean entrance to the Panama Canal. Colon is home to the Colon Free Zone, the second largest free zone in the world. Colon is also home to Panama's largest cruise passenger ports. 

The Caribbean beaches of Colon are beautiful and rich with biodiversity and history, these beaches have incredible coral reefs, which are excellent for diving.