Own Your Own Island in Panama

Have you always dreamed about owning a Caribbean resort and getting away from it all? Now you just might be able to. American couple Dave and Suzanne Smith are selling their business in Central America through a lottery. That’s right. They have spent five years building up Casa Cayuco Eco Adventure Lodge in Bocas del Toro, Panama and now they plan to move on.

But instead of listing their retreat they have decided to have a raffle drawing with each ticket costing $10. Their 24 bed resort started in 2013 when Dave and Suzanne arrived with seven suitcases and a desire to get away from corporate American.

As Dave explained, “We started looking all over for something else and eventually we started looking at Panama, which we found has really friendly foreign investment laws and immigration laws. We came across Bocas del Toro, which is this chain of islands in the Caribbean, which we weren’t really aware of at the time. We loved the idea of island life, and after some research, we found Casa Cayuco for sale and I contacted the owner, who lived remotely. We hit it off and I bought it. I guess it was an impulse buy, but it’s turned out to be amazing. We sold everything you would have for a life, house, cars and everything and we ended up moving down here with seven suitcases and just enough to be able to buy this place.”

The competition is being done through WinThis.Life and Art Jenkins said that the new owners won’t be left to sink or swim on their own. As he said, “It’s very important to Dave and Suzanne that the local community are still involved in the resort and they have plenty of advice and tips to give any potential winner. As organisers, we have made sure all the proper contingencies are in place, and there are a wealth of resort managers in the area who can help run things should they be needed. It’s an incredible opportunity for anyone to win this amazing lifestyle and resort, just like Dave and Suzanne did you could leave the rat race behind and be living in your own slice of paradise before you know it, you only live once.’

About

James Fishman has been involved in the world of online magazines for more than 15 years. He helped launch Sunstone Online and continues to improve the magazine as site editor and administrator. His writing focuses primarily business and technology. To be in touch with James, feel free to contact him at james[at]sunstoneonline.com.

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