La Ermita 61 Titled Hectares With Ocean View
A Developers Dream Property
$1.525 Million or 2.50 per sqm
Property Info: 
This magnificent property is located about 90 min's traveling time or 95 km or 60 miles from Panama City on the dual lane Pan-American highway. La Ermita is in the San Carlos district, 6 km or an 8 minute drive from Pan-American Highway. It is a 10 minute drive to Playa Corona, or a 15 minute drive to town of Coronado. Distance to Beach: Approx. 8 km from Playa Corona. Road Access: Located approx. 6 km from the Pan-American Highway. Turning off at the entrance to La Ermita, you take the asphalt road up the mountain for approx. 2 km, which leads to a gravel/dirt road for approx. 4 km up to the property. This property has position position and position Located near the famous Coronado it has everything within a short distance and comes titled for a very competitive price.
Property Is Suitable For:
This property offers the buyer quite a deal of different options for your consideration. Firstly the property has been used for pastoral and farming. There a good cleared areas, with fantastic views of the Bay of Panama, the coast line and the gentle rolling hills down to Coronado. It really is a developers dream property, good road access, close to many restaurants, shopping and medical, world class golf course, designed by Tom Fazio, fishing surfing, boating water skiing its all within minutes of this property. Bounded by rivers either side, there is fresh natural water springs on the property. There are good access roads to the property, and is easily sub divided with permits obtainable for the development of the area. Otherwise you can build your dream house
and sit back relax and
enjoy the magnificent views and a Panama Lifestyle. 
Amenities:
The property has an abundant supply of water, with two rivers one on either side east and west on your property, and 2 natural water springs can also be utilized. Power is connectable to the property, with Power lines passing about 800 meters from the Property. Telephone is also available, along with High Speed Internet and Cell phone services. All you have to do is connect them to the property. Good access roads allow for easy development on this property. There are many opportunities for this property to list here but this area where the property is located is one of the fastest growing areas in Panama. A new hospital is under construction in the area, minutes from Panama's finest beaches and resorts, with beautiful rolling mountains surrounding you, it truly is a great opportunity for you to own a Panama Property.
Climate:
The climate in this area has three district seasons. A Dry Season from December to May, Rainy Season May to September and a wet season September October and November. Summer in the dry season is hot with consistent temps in the 25-35 Celsius range but higher elevations are about 5 to 10 degrees cooler. Beautiful hot sunny days. From May to September it rains but there are still many clear days, but in late September to November it is a tropical wet season.
General Information: 
Panama has very stable investment and real estate laws, which are assisting the current real estate boom. All transactions are US Dollar based. You do not have to be a Panama Citizen to purchase property in Panama. Depending on the nature of development use, you may be eligible for a 20 year tax exemption. There are many opportunities that assist the investor in Panama today. The laws have recently changed to make it even more
easier to invest in real estate developments in Panama.
Title:
This property is fully titled in the name of a Panama Corporation.
Download PDF File:
:::::>>| PDF FILE of Property | Topographical Survey | Title Docs | General Map |
More Photos: :::::>> | Google Photo 1 | Google Photo 2 |
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