2 Adjacent parcels of titled, caribbean beach front land for sale in the area of Portobello. The property is comprised of 2 adjacent properties, which together total 14 Hectares with 2,569.9 m2 (35.5 acres approx.) of beach frontage, hills and flat areas.
Characteristics of Parcel A
Characteristics of Parcel B
Both lots have a total of aproximately 400 linear meters of beach and ocean frontage. There is a natural reef in front of the property which provides a natural barrier. There is an entry to the protected area between 2 large rocks pictured in the photo album.
The Water depth inside the reef is from approximately 1 to 2 meters (roughly 3.2 to 6.4 feet) where a boat service pier could be constructed.
Cabins could also be added in this area as the reef naturally protects from ocean.
These beach front Properties are titled and free and clear. Additionally, both properties are covered under “Touristic” and “Mutli-Use” land designations by Panamanian Government. The acreages are ideally suited for a Beach Hotel and/or a housing (low density) development.
The sellers are asking just under 30 USD per m2 and are open to joint ventures or selling off parcels of the land.