Caribbean Development Potential - $10.8mm

Caribbean Development Potential - $10.8mm

Located less than a 3 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 approximately 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 km of beach front, approximately 40% is direct to the water access, with the balance a mixture of non-direct to water access composed of coral and mangrove. The property is designated as a low density, coastal tourist zone (see addendum).

Panoramic View:

Contact Form :: Contactenos


Additional Info

  • Status:: Active > For Sale
  • Property Type:: Beachfront > Caribbean
  • ID#:: 1075
  • Price Per M2:: $5
  • Province:: Colon
  • Location:: Santa Isabel / Costa Arriba
  • Lot Size:: 216 Hectares / 533 Acres
  • Size:: N/A
  • Views:: N/A
  • Bedrooms:: N/A
  • Bathrooms:: N/A
  • Parking:: N/A
  • Rent Price:: N/A
  • Sale Price:: $10,800,00
Read 9109 times Last modified on Wednesday, 14 August 2013 18:01

Disclaimer has made every effort to obtain the information regarding these listings from direct sources deemed reliable. However, we cannot warrant the complete accuracy thereof subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. To learn more regarding our Disclaimer policy visit our About section.