Panama City - Beach Property For Sale #7405044

Hotel for Sale in Isla Contadora - Hibiscus House, Operating Bed & Breakfast

Located on the sought-after Contadora Island in Panama's Pearl Islands, Hibiscus House is a charming and fully operational bed and breakfast with a solid track record of over 12 years. Offered at $500,000, the sale includes the corporate license and the ATP (Panama Tourism Authority) permit, allowing the new owner to seamlessly continue operations under existing legal and tourism frameworks.

The property sits on approximately 500 m2 (5,382 sq. ft.) of land and features a main house with around 186 m2 (2,000 sq. ft.) of interior living space. It offers five bedrooms and four bathrooms, with each room rented individually through , , and the property's own website. Hibiscus House is currently the top-rated property in Contadora on , and also holds excellent ratings on , a testament to its service, experience, and guest satisfaction.

Both the front and back terraces measure about 65 m2 (700 sq. ft.), offering spacious outdoor areas ideal for relaxation or entertaining guests. Additionally, the tiled area on the lower level provides an opportunity to build an owner's suite or additional guest accommodations, increasing value and occupancy potential. The property borders public land and sits behind the island's yacht club, offering a mix of privacy and accessibility in a prime location.

A full-time on-site manager, with nearly seven years of experience, oversees daily operations and is willing to remain under new ownership. The team also includes a housekeeper of over ten years, ensuring operational continuity. Whether you plan to manage the B&B yourself or prefer a hands-off approach while enjoying it as a vacation home when not hosting guests, this property is ready to perform from day one.

The property includes 12,000 gallons of water storage and a rainwater collection system, ensuring self-sufficiency during the rainy season. The newly installed desalination system on the island has proven reliable during the dry season, providing year-round water stability.

Hibiscus House is a rare investment opportunity in one of Panama's most iconic island destinations, combining lifestyle, rental income, and long-term growth in a setting where tropical beauty meets proven business success.