2.2 HA of Beachfront land for sale in Veracruz/Majagual within 25 minutes of Panama City * PRIME FOR DEVELOPMENT OR INVESTMENT*

2.2 HA of beach front land for sale in Veracruz/Majagual within 25 minutes drive of down town Panama City.  The land is titled and accessed by asphalted road.  It counts with all public utilties including electricity, water, phone, and has access to broadband internet and satellite TV. 

The property has approximately 50 linear meters of beach frontage and is planted with teak that is approximately 15 years old.   The land borders a creek and has a very easy topography and is elevated from the creek, thus forming a private natural border on the western boundary of the property.

The seller is asking just 75 USD per m2.    Beach front in the area of Majagual and Veracruz  is appraised at well over 100 USD per m2. This land is prime for development or investment.  Panama Pacifico is located within 10 minutes drive and here such multinational corporations as Dell, Caterpiller and 3M are established.  Additionally hotel/resort including the Intercontinental and Westin are either established or underway within 5 km of this beach front property ideal for investment.