Property Picture 2

Property Details

  • Sale Price:

    $840,000

  • Price per M2:

    $120

  • Location: Portobello, Colon
  • Property Type: Single Family House - PID 4437
  • Bedrooms: 3
  • Bathrooms: 2
  • Built Area: 375 m2 (4,037 sq.ft.)
  • Total Area: 7,000 m2 (75,348 sq.ft.)
  • Title Status: Property Title
  • Property Tags: Beachfront  

Property Description

Available for sale in Portobelo, Colon, is this hidden oceanfront home with 7,000m2 of titled land and 120 linear meters of caribbean ocean. Located approximately 1 hour and 15 minutes from Panama City and 5 minutes from the historic town of Portobelo, this property contains 3 residences, storage shed, pool, ranchos, fruit trees, and ample fresh water with a bordering stream.     

Featuring a 25 year old main house (200m2) with 3 bedrooms, 2 bathrooms, living room, kitchen, and ocean facing patio sitting close to the waters edge for enjoying sunsets. A newly renovated 6m x 10m concrete steel reinforced pool is the centerpiece of social activity complete with changing room, benches, toilet, wash bin, and pool house equipment storage. A 53m2 guesthouse with one bedroom, one bathroom, and kitchen / dining area sits towards the back of the property, and has a separate 300 gallon water tank. The caretaker property has 4 rooms and houses a live-in family (which can be retained) who’s duties include pool cleaning, and grounds keep, among others. Municipal water feeds a 4,000 gallon reserve tank, while the neighboring stream provides water for pool / deck cleaning, as well as landscaping with several spigots around the property. Underground electrical cables and high speed internet with good cell phone coverage rounds out the utilities list.

There is a 30 meter shallow walk (one to two foot depth, depending on tide) out to the reefs' edge drop off of a gentle five feet. The reef runs parallel the entire length in front of the property protecting it from the sea. The shallow seabed out to the reef edge consists of a sandy grassy bottom strewn with coral break-offs. There is a perfect upgrade of a possible extended pier out to the reef's edge starting with an already in place boat ramp for those water sport enthusiasts.

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Sale Price

$840,000

Price per M2

$120