Info:
This property is located in the Panama Caribbean in the Provinca de Veraguas. From the town of Santigo, the Provincial Capital you travel up the mountains to Santa Fe. From there you descend back down the mountains to Calovebora on the Panama Caribbean Coast. There are now ample opportunities for the smart investor to see the huge potential of this area. River Front, Beach Front, Ocean View its all there in one location on the Panama Caribbean Coast.This is also one of the first areas to be opened up with roads and new services, other than the main established areas of Colon Portabello or Bocas del Torro.  This property offers all the luxuries in one. Ocean Frontage on an ample 67 hectares, to do with it what you like. There is a new road currently under construction to the aera and is due for completeion in late 2007 early 2008. This new road when completed with be fully sealed. This truly is a magnificent opportunity.

Suitable For:
This 67 hectare property provides the owners with a number of options. Simply you can do almost anything in terms of development, sub-divions of the land, tourism ventures. It is all there waiting for the asutue investor to see the potential that this fantastic opportunity provides. Beautiful wide beach front areas, with forest to the sand. Fresh running creeks and rivelets to the beach, this property offers a great deal more than meets the eyes through a couple of photos. (Please see more photos below). As the area opens up to more and more tourists becuase of the new road access this will be one of the first areas on the Panama Caribbean to see investment tourism, living and general infrastrucutre including new housing projects, shops etc and the required support services for a growing area.

Climate:
The climate in the Caribbean in the Provinca de Veraguas is divided up in to two seasons. The wet season from May to Decemember and the Dry Season from December to May. Depending where you are in the Provinca will determine the climate. But for costal living it is beautiful Caribbean Winds in the Summer. It does rain a little more in the Caribbean than on the Pacific side of the coast. But Panama does not get the hurricanes during  the summer season.

Amenities:
Currently there are no amenities connected to this property. But they are easily connectable as they all pass the main entrance to the property. This area is currently one of the last areas on the coastal plains of Panama to remain un-developed and is one of the nicest areas to move, live or invest in for future profits. The property is located amongst some of the best deep sea fishing and surfing found anywhere in Panama. The world famous Isla Cobia is renowned as one of the most ecological diverse islas and also one of the largest Islas in the Pacific Ocean.


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.

Titled:
This Property is Rights of Possession Download PDF File: PDF File

More Photos:
More Property Photos  Google Earth Photo 1 Google Earth Photo 2