CORAL BAY BUNGALOWS | AN OVERWATER BOUTIQUE RESORT IN BOCAS DEL TORO Six luxury bungalows over the Caribbean Sea, two land-based residences, an established hospitality operation and room to grow. Set on Isla Solarte, Coral Bay offers a rare opportunity to step into island resort ownership. THE BUSINESS Completed in 2025, this operating boutique resort is offered with the company, buildings, equipment, technical systems and transferable operating assets. Six staff members support maintenance, housekeeping, kitchen and bar service. Restaurant and bar service and permits are included in the offering. THE HOTEL Six timber-built overwater bungalows feature Palmex-style roofs, concrete ring foundations, private terraces, direct sea access, separate bedrooms, microcement bathrooms, hot and cold water, screened windows, ceiling fans, and sea and mountain views. Guests can swim, kayak or paddleboard from their terraces and enjoy bioluminescence after dark. The larger Honeymoon Suite adds air conditioning, Bang & Olufsen television and sound system, a kitchen, spacious terrace and room for private dining. On land, a three-bedroom bungalow and a one-bedroom bungalow each have independent solar and water systems. Additional facilities include a commercial kitchen, laundry, solar equipment room, workshop and boat garage. THE LAND The property includes approximately 1.2 hectares (12,000 m²) of land and a 2,000 m² overwater concession. Fruit trees and tropical vegetation surround elevated sites with ocean views. Three potential home sites offer possibilities for villas, guest accommodation or pools. Land titling is in progress, with completion anticipated by the end of 2026. THE SYSTEMS Infrastructure includes 57 solar panels, two inverters, two Sol-Ark battery banks, an 18 kW gas backup generator, seawater desalination, and six 5,000-liter rainwater tanks (30,000 liters total). Also included are a boat lift, ramp, motorboat, kayaks, glass-bottom kayaks and paddleboards. THE DREAM With operating infrastructure, an established team, existing revenue and reported five-star guest reviews, Coral Bay offers a head start on a Caribbean hospitality venture, with space to shape its next chapter.