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Colon Costa Arriba 216 HAS
Located less than 30 minutes from the historic town of Portobello and the popular vacation areas of Isla Grande – less than a 2 hour drive from the thriving metropolis of Panama City; on the crystal clear waters of the Caribbean.
Over the course of 5 years, 9 bordering pieces were acquired from beach to main road totaling 216 hectares + 0173.66m2 (533.79 acres).
The 9 pieces are titled (verifiable through the public registry in Panama City), with approx 16 HAS of beach front currently in rights of possession, requested for purchase (ie: a title request) in 2004 under the name of a Panamanian Corporation. The granting of title on the beach front is pending.
The property has approximately 1.2km (3,937 feet) of sandy beach and approximately 35m+ (114 feet) of main asphalted road frontage.
The beach is a beautiful cove with natural coral formations that protect it from erosion and provide a calm water experience with limited tidal changes.
Of the 1.2 miles of beach front, approximately 40% is direct to the water access, with the balance a mixture non-direct to water access composed of coral and mangrove.
The property sits outside of the Portobelo National Park system, and is designated as a low density, coastal tourist zone.
