Info:
This spectacular development site is located in Limon - Pedasi about 300kms up the road from Panama City. This is one of the best spots in the entire coastal area in the Peninsular Azuero . It has its own private protected bay with a beautiful private beach front. Of all the developments taking place in the area at present, this is the most sought after property because of its tranquil location and its natural beauty. This property is an ideal location for development. The property is unique, and will not be found again in the Peninsular Azuero. It offers the right buyer with an opportunity to make considerable profits. Located in Limon near Pedasi this is one of the major hot spots for development in Panama today. This property provides all the features you require for a successful investment opportunity, a good sized property, level flat building areas, private beachfront with a natural breakwater forming a beautiful tranquil private bay, deepwater access for pleasure craft and a beautiful palm tree lined beachfront bay. What more could one ask for when looking for an investment and development opportunity in Panama today. There are major tourist attractions in the area, as an example Isla Iguana, a national marine park is but a 15 minute boat ride from your our private bay. There is good fishing, diving, snorkeling and surfing to be found within 30 min's of the property. This property has it all.
Amenities:
All the way from Panama City to the entrance of the Property is sealed roads making the drive comfortable. There is a private road from the entrance of the property passing through a Teak Plantation, to the beach. There is no other access to the beachfront or to other parts of the property other than through the main entrance to the property. THe property has a 30% coverage of natural vegitation and 70% reforestation (70% teak and 30% other). The Teak Plantation is approximately 10 years old. The yield of timber can also be used in the building and construction phases of any project undertaken. Or it maybe sold for profits. You are surrounded by two rivers and beachfront of nearly 1.7km. A natural breakwater provides for a safe bay and a clean beachfront. All other major amenities including Power Phone and Internet are connectable to the property with ease. Water is currently connected to the property. A local airport is located in Pedasi. The main regional hospital is located in Las Tablas which is about 40 min's drive from the property. Bi Lingual Schools are located in Chitre about 1 hours drive from the property.
Climate:
Panama is located approximately 8 degrees north of the equator, and is considered a tropical location, The weather is always warm and defined by, The Wet Season May to December and The Dry Season December to May. In the Azuero Peninsular the climate is a lot drier in the Wet Season than the other areas in the country. It is moderately wet from June until September and the wet season starts in October to November. It must be stated that this area has one of the best climates in Panama for costal living. It offers all the lifestyle requirements for costal living.
Titled:
The major part of the land is fully titled, 61 hectares or 139 Acres. Rights of Possession 25 Hectares - 56 Acres. The Property is registered in the name of a Panama Corporation, making the sale transaction a very easy and simple process. The Reforestation Program offsets any taxes payable on the titled parts of the land. Depending on the nature of development you can also apply for the 20 year tax free Tourist Infrastructure option which makes your long term goals and outcomes more stable and projections more reliable.
Suitable For:
This property is one of the finest on offer in the area of Pedasi - Limon with the opportunity to basically what ever you desire with the property. But ideally this site is well suited for a major development. This development could take the form of a tourist infrastructure development, or a large scale housing project for the for the higher end of the Panama Real Estate market. With nearly 1.7kms of prime beachfront development area available, this is a once in a life time opportunity to enter into one of the worlds fastest growing markets in real estate today. The property is large enough to provide more than just beachfront development, with with opportunity to create a unique lifestyle opportunity. You can create a significant location for the many thousands who are coming to Panama now to buy property or for investment opportunities. Building costs are very competitive compared to the North American standards. The area where the property is located is considered to be one of the best locations on the Pacific Coast of Panama. There are a number of developments taking place in the area and over the next 5 years or so will see an increase in the number of foreigners living in the area. It really is a big enough property to plan a completely new community, with beachfront, and non beach front developments for houses, condos, rancho style developments. Depending on the target market you have the potential to construct and develop a wonderful Panama Pacific Costal Lifestyle. This is the property that every one is talking about, and Panama Realty.biz have the exclusive rights of sale.
General Info:
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.
Contact:
For more information on this property please call Paul in Panama 507 6675 7451 or 6676 7453 or email admin@panamarealty.biz If you are thinking of coming to Panama to view the property please ensure you contact our office first to arrange a private inspection.
Contact Information
LAS TABLAS
Avenida Moises Espino
Las Tablas Province of Los Santos
Rep de Panama
Phone
507 6676 7451 - 53
Web
http://www.panamarealty.biz
Email
admin@panamarealty.biz
Office Hours
Monday to Friday 10am to 6pm
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