Commercial Land for Sale in Coco Del Mar, Panama City, Panama

Land Investment for Sale in Coco Del Mar

Land For Sale in Coco Del Mar

Three Cleared Lots together for sale in Coco De Mar on Avenida Cincuentenario Totaling 2,728.13 mts2

Sale Includes Architectural Plans by Jesus Diaz, Approved Anti Proyecto, Rendering Photos and Video, with Marketing Material.

Owners are asking $999.00 Per Mts2 Great Offer at $2,725,000

The following offer includes. a fully permitted residential Anti Proyecto designed by panama s Nr. 1 Architect Jesus Diaz in two versions with 74 and 135 apartments. The land is free of any lien or other liabilities.

Due to a financial situation of one of the CDE shareholders, we offer these prime lots in Coco del Mar for less than 60% of their value.

Instead of 4.942,494 which represents the actual market value ( 7 months ago it was 2.000 $ per meter - now 1.800 $ ) we offer this prime A Lot for 2.750.000 $ (56% of market value ).

We can keep this offer until the 15th of August - after this date we will be able to achieve a bridge financing and we will be able to purchase the shares of our partner ourselves.

Another possibility for an investment the investment would be a loan against the land of 2.300.000, which represents wright now 46 % of the market value with a period of 1 year and an interest payment of 9%. In case of a default the debt holder would overtake the land in total.

Please Contact WorldPanama for more information regarding this property.