Spectacular 1 acre oceanfront with a guest house in Costa Esmeralda, priced at less than half of the appraisal value

Price Reduced
Open to Offers
Motivated Seller
Priced to Sell
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Property Details

Property ID
For Sale
Costa Esmeralda
Property Type
Sale Price
$ 499,000
Total Area
4046 m2
Title Status
Property Title
Date Published
Mar 11, 2019
Times Viewed

Property Description

The land comes with 3 bed 2 bath guest house with two terraces and gardens. 


Located between the multi-million dollar homes of El Cortigo and the new development of Ensenada.

An 8 minute drive on paved roads to the burgeoning center of Coronado.

25 minutes from the new international airport at Rio Hato.

1 hour from Panama City.

Large variety of shopping, banking, restaurants (from fast food to fine dining).

Excellent medical and veterinary facilities just minutes away.


Spectacular ocean view.

High bank waterfront – no fear of flooding.

Miles of empty beach with a great surf break close by.

Scenic view of a new marina: but not too close.

Beautiful private staircase to the beach with terraces and landscaping.

Small, secluded, forested valley sloping to the beach.

Property features a beautiful botanical garden, elegantly designed along with many types of fruit trees throughout the yard plus a vegetable garden.


Titled and permitted land in excess of one acre.

Environmentally protected beachfront.

Electricity, high speed internet, cable TV and telephone installed

Elegant, unique front wall with steel gates plus pillars and fencing around the rest of the property.

Two high-flow, deep wells with crystalline, pure water and oversized septic system.

One beautiful smaller house built near the property entrance.

Shed for wells and electrical, plus 2 industrial grade storage/equipment sheds.

Property Features

  • Internet & Cable Ready
  • Cable TV
  • Ocean View
  • Beachfront

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