HOUSE IN FRONT OF THE CARIBBEAN SEA, LOCATED IN THE PROVINCE OF COLON, ISLA GRANDE.

HOUSE IN FRONT OF THE CARIBBEAN SEA, LOCATED IN THE PROVINCE OF COLON, ISLA GRANDE.
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Property Details

Property ID
23395
Status
For Sale
Location
Colon
Property Type
Duplex
Sale Price
$ 185,000
Built Area
200 m2
Total Area
620 m2
Bedrooms
2.5
Bathrooms
3
Title Status
Right of Possession
Date Published
May 21, 2021
Times Viewed
3,001

Property Description

HOUSE IN FRONT OF THE CARIBBEAN SEA, LOCATED IN THE PROVINCE OF COLON, ISLA GRANDE.

Beautiful beachfront house on Isla Grande (near Portobelo, Colon) with 2.5 bedrooms, 3 bathrooms and three floors on a 620m2 lot on a hill facing the beach and the point where surfing is practiced. The house has a view to the North - West with a spectacular view of the sunsets.

The first floor has a kitchen, dining room, bathroom and patio. The second floor has two bedrooms, a bathroom and a balcony. The third floor has a master bedroom, bathroom, and a large terrace. Spectacular view of the waves and surfers at the tip, you can also see the sailboats in transit between the island and the mainland, about 500 meters away. View of the mountains in the background.

In Isla Grande the beaches are white sand, and the sea is totally transparent, you can enjoy snorkeling, diving, surfing, walk to the lighthouse to appreciate the tremendous view of the Caribbean Sea, or venture through the little town of Isla Grande and see the shops , restaurants and beaches on the other side of the island. Safe and natural swimming area directly in front of the house where there is a coral reef just 75 meters away that protects from the. Great surf break for experienced surfers. It has the BEST view of any property on the island.

This property is not titled, but MAY be titled. A Right of Possession and the improvements (the house) are being sold. The owner has not wanted to title the property due to the legal cost of the procedure (approx. $ 10,000), and due to the fact that once titled, he will have to pay property taxes approximately 1% of the cadastral value. Maintaining the property in Possession Law does not incur property taxes. Sale price: $ 185,000.

Payment can be in USD, cash, euros, gold, bitcoin and payments can be accepted in Europe, the USA or in Panama. Financing is possible for qualified buyers. Photos of the interior will only be shown to PRE-QUALIFIED BUYERS WHO ARE ACTUALLY IN PANAMA AND HAVE PROVEN FINANCIAL SOLVENCY.

ABOUT ISLA GRANDE

Isla Grande is an island in the Caribbean Sea and a village located in the province of Colón that belongs to Panama.

Despite what its name indicates, it is a small island where the famous statue of the Black Christ is found in the corals.

Access to the island is through boats driven by the local inhabitants; Being half an hour from the city of Colón, cars are not allowed to enter the island as there are only trails for walking. Throughout the year, the waters between the island and the mainland provide excellent conditions for practicing water sports such as surfing.

Property Features

  • Furnished
  • Pet Friendly
  • Balcony/Terrace
  • Ocean View
  • Beachfront

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