12.487 hectares ideal for investment

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Property Details

Property ID
2945
Status
For Sale
Location
Farallon
Property Type
Lot
Sale Price
$ 874,090
Price per m2
$ 70
Total Area
12.487 ha
Title Status
Property Title
Date Published
Jul 24, 2016
Times Viewed
4,630

Property Description

12,487 hectares PRIME REAL ESTATE

This 12.5 hectare flat terrain lot of land in Panama is located within the most wanted, most potential real estate development outside of Panama City, Panama. It is titled and ready for sale.
Appraisal: $100 /sq meter
(12,5 ha = $12,500,000)

Price: $874,090.00 or best offer

• WHERE:

The lot is in Coclé, Panama and shares border lots with the
Luxury Resorts:

o “PLAYA BLANCA” (http://www.panamaplayablanca.com/blog)
o “NIKKI BEACH CLUB” (http://www.nikkibeachpanama.com/)
o “BUENAVENTURA” (http://www.buenaventura.com.pa).


• ACCESSIBILTY:

About 80 minutes drive from Panama City.

o 0.5 km to the Beach
o 0.75 km to main entrance of resorts “NIKKI BEACH” and “PLAYA BLANCA”
o 0.25 km to main entrance of Resort “BUENAVENTURA”
o The Government of Panama has approved the construction of an INTERNATIONAL AIRPORT in RIO HATO, within 20 km vicinity, to serve the luxury resorts in place.


• POTENTIAL:

• The resorts, and this includes the lot, has been zoned “Tourism”, and presents excellent commercial potential for:

o luxury resort
o luxury hotel complex
o vacation residential area
o medical rehabilitation centre
o shopping mall

• INFRASTRUCTURE:

o Asphalt roads around property and access roads already exist.
o 4 lane highway in excellent condition to Panama City.
o In place infrastructure: Electricity, Telephone and Water.
o It does not have direct access to beach.

o FURTHER INFORMATION:
o Titled– OWNERSHIP, verifiable, registered in Panama.
o Title Documents and appraisal are available to serious buyer.
o A connecting lot of 6,167 hectare is in the process of being titled and will be also for sale.

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