Home -> Panama Real Estate -> Lots -> PID 1137

1000 m2 Beachfront Lot Located at Malibu Beach, Gorgona

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$425,000

N/A

Building Lot

1,000 m2
10,764 sq.ft.

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1137

7,589

2007-07-31

Lot Information:

  • This beach front lot is located on hard ground vs. sand, in an area where there are not erosion problems.
  • It is zoned RM3, which allows for hotel or condo tower up to 20 floors (depending on the density).
  • It is fully titled, and currently held in the name of a corporation.
  • The corporation is also registered at the MIVI (Ministry of Living).
  • The purchase of the land includes a MIVI approved masterplan designed by the architect Gustavo Guillen.
  • The profit potential of building condos or hotel could potentially generate from $10M to $40M in sales. If a hotel is built with 15 to 20 floors (300 rooms), a casino is possible.
  • The purchase of the land also includes the domain www.waterclubpanama.com.
  • The location is ideal on a white sand beach, within 200 meters of a world class surf break (Malibu), and within walking distance to Coronado.
3 Bedroom 3 Bathroom home for Sale ** Unbeatable Price **
 

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