Property For Sale Ocean Front Of 4500 M2

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Property Details

Property ID
20535
Status
For Sale
Location
Santa Catalina
Property Type
Lot
Sale Price
$ 599,000
Lot Size
4,500 m2
Date Published
Jun 3, 2019
Updated
Dec 9, 2020
Times Viewed
504

Property Description

LISTING No. 1052-3618

This is an amazing ocean front property with a titled area of 4500 m2 (around 1 acre) in Santa Catalina, located next to Surfers Paradise Hostal, with a direct view to the famous Santa Catalina point break wave. This is by far the best spot to be in Santa Catalina. The land has a gravel / dirt road access, power service and public water service, and it is completely fenced on all sides with an entrance gate. 
Santa Catalina is one of the most popular surf, dive, and eco-destinations in Panama and Central America, located on the Pacific Ocean in the Veraguas Province, with one of the most popular beaches for surfing. It also has the Coiba National Marine Park that is one of the largest marine reserve parks in the world and It is located one hour from Santa Catalina beach. You can also enjoy hiking, extreme sports, diving, fishing and more. You can also enjoy the Playa Estero Beach which is just a 5 minute walk from this property. 
This property would be ideal for anyone considering building a beautiful home or family compound of homes, for living or renting. The property is also a fantastic location for a hotel and / or restaurant as it has a fantastic view to the ocean and to the surf at the point where you can enjoy watching the surfers ride the amazingly perfect waves. The view is such an angle that you can literally see the surfers riding inside the tube!
This is one of the very few ocean front properties left available on the ocean facing the waves at the point. It has relatively flat land, slightly sloping towards the ocean so there are ocean views from about every position on the property. 
The village is just a 1 minute drive, or 10 minute walk from the property. This faces South West with the entrance to the property facing North. To the East the property borders with the famous Surfers Paradise Hostel, and has a view of Cebaco Island and Governors Island. To the North there is a cattle grazing land (and the gate / access road). To the West there is an empty lot, with several small hotels beyond that lot including On the Reef Hotel, and Hotel Santa Catalina. 
If you are looking for a great ocean front property investment, look no further because this is a gem. Properties in Santa Catalina have historically and consistently increased in value over time with the ocean front properties leading the growth rate. The government of Panama has big plans for major infrastructure investments in Santa Catalina, which will greatly improve the value of this property. 
It is important to note that Santa Catalina  is a small village with only one road entrance / exit, with small creeks on both the East and West side of the village, and there are no bridges to connect to the opposite sides of the creeks, so the ocean front properties in Santa Catalina are very limited in quantity, with the area facing the point break being the most limited in quantity, and therefore being the most valuable. This is the what we would consider the “cream of the crop” for Santa Catalina properties.


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