Beautiful 23 Hectare, (55 acres) Ocean View Property, nestled in the picturesque, verdant mountain valleys of Bejuco in the Punta Chame district, Republic of Panama.
The land is ideal for development as it is just 10 minutes drive from Coronado, and 15 minutes from the residential mountain community of Altos del Maria. Additionally it counts with an internal road which enables access to 2/3rds of the property in car.
The Area
1 hour drive from Panama City and 5 kilometers off the Inter-Americana Hwy towards Altos Del Maria. This area is known for its picture postcard views, breathtaking cloud forest jungles- where rare birds and wildlife flourish, rushing clear rivers, and a multitude of produce varieties grow in the rich soil.
An easy commute to the excitement of Panama City, within 10 minutes of the ocean and all the amenities of the developing beach communities like Coronado, Punta Chame and San Carlos.
Value
According to many major news and research articles, Panama is one of the best places in world to invest. The Coronado area is experiencing steady appreciation but still presents an excellent investment opportunity and option to other parts of Panama where prices have increased dramatically over the last few years. The amount of tax savings and other incentives to live, retire and invest in Panama are too many to mention here. Please follow the links for further research.
The sellers are very competatively priced at just 3.42 USD per m2 and they are willing to segregate and sell off parcels as small as 5 HA in size for the same rate of 3.42 USD per m2 plus surveying and legal fees which are estimated at 5000.00 USD.