Land for sale in Utivé, 40 Hectares

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Property Details

Property ID
For Sale
Property Type
Sale Price
$ 1,600,000
Built Area
1 m2
Lot Size
40,000 m2
Date Published
May 11, 2020
Apr 5, 2021
Times Viewed

Property Description

Land for sale in Utivé, 40 Hectares - US$1,600,000.00

The Utivé sector is one of the areas with the greatest development in the eastern part of Panama City, in the Pacora district, and is strategically located near the renowned La Mesa de San Martín river resort and 30 minutes from the city of Panama, close to the metro station, Megamall and 24 de December neighborhood. It's an area well known for its river resorts, a place of recreation for numerous Panamanians who enjoy its crystal clear waters during weekends and holidays and for its overwhelming nature and productive agricultural and livestock lands.

This beautiful irregularly shaped terrain has paved access through the Utive Main Road and then it is accessed by a well-maintained earth and stone road. The journey from the Cable & Wireless satellite dishes on the main road to the terrain takes approximately half an hour. The land borders the Los Bravos River and has exuberant vegetation, but it also has fruit trees such as soursop and mango. The area has cattle farms and stables and is a very exclusive, quiet and very private sector. The land has flat areas and borders the Pacora mountains. Inside there is a sort of elevated plateau and at its top the terrain is completely flat and with low vegetation. The land is approximately 170 meters wide by 307 meters deep. It is ideal for country vacation home projects, ecotourism projects, spiritual retreat projects or just to be exploited for agricultural purposes. It is totally virgin and needs development.

In 2020 the mountain area of the property was declared a Hydrographic Basin Reserve of Pacora and this forest section of approximately 2 hectares adjacent to the river bank, cannot be altered or its vegetation destroyed.

Property Features

  • Open
  • On Quiet Road
  • Mountain
  • Near to wood
  • Near Public Transportation
  • Near Airport
  • Good reachable traffic
  • City Center




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