High Point Chame

90 hectares with river and knoll - perfect for a top-notch gated community
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Property Details

Property ID
4179
Status
For Sale
Location
Altos del Maria
Property Type
Land/Farm
Sale Price
$ 6,300,000
Price per m2
$ 7
Total Area
90 ha
Title Status
Property Title
Date Published
Aug 28, 2013
Updated
Nov 21, 2013
Times Viewed
18

Property Description

Are you looking for a large piece of land to build a resort, a high-end gated community or parcel into generous individual lots? A perfect property only one hour from the city, near the ocean and on the river and located in the temperate climate of the Panamanian mountains?  Look no further: High Point Chame is one of the few places left for such a project.

Located one hour west of Panama City, 15 minutes south of the Altos del Maria community and 20 minutes north of some of Panama’s finest beaches and resorts, these 90 hectares (220 acres) offer the last large property on the road to Altos del María with river and ocean views: The ideal place for your project!

Easily accessible from the excellent road from the Interamericana Highway to Altos del María, this property boasts prime Pacific Ocean views, rolling hills and the Rio Chame river front.

Near the river Chame, High Point is almost 100% buildable. Original plans show that With 250 yards of riverfront there are approximately 40 hectares (100 acres) that could incorporate a River Valley to house the primary social area centrally located and a secondary social area (barbeque/ pavilion) that would run along the Chame River.  This portion already has a road 200 yards from the highway that makes the entire area accessible by car.

The rest of the High Point project has wonderful views with a constant cool breeze and is approximately 70% buildable.  The most spectacular of which is the ‘High Point’ which should serve as the third social area (deck/ lounge).  An analogy of this portion is a brimmed- hat mountain peak.  The highest point is similar to the top of the hat while a wrap-around ‘brim’ plateau makes for a perfectly buildable portion of the project with breath-taking ocean views with the Coronado Resort, DeCameron Resort, Gorgona complex and Tabogo Island in the panorama.

The rear of the wrap-around plateau offers views of the highest portions of Altos del María. The ‘hat’ or ‘crown’ of the project is approximately 14 hectares (35 acres).  Moving toward the bulk of the project there are great ocean views throughout three portions.  Along the same road there are approximately 14 additional hectares (35 acres) of ocean view.

Along a parallel ridge there are approximately 15 acres of Ocean View and at the Northern border near a small rock quarry there is an additional 7 hectares (10 acres) that will support towers with excellent access, foundation and ocean views.  The rock quarry on this northern border will serve to significantly reduce costs for road infrastructure. Along this border is also a second access road that has electricity running across a good portion of the property. This access road has wonderful views of the entire valley and surrounding mountains.

The higher portions of High Point have delicious natural water sources (natural pristine springs that come straight out of the earth).  The altitude lends feasibility to ease of pumping (naturalpressure) and quality.

Come and see for yourself!

The property was assessed at $8 per square metre. It is now being offered for $ 7 per square metre.

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