Island Resort Development Site for Sale in Cebaco Island, Veraguas, Panama

Cebaco Island Resort Development Site

OWNER WILL CONSIDER EXCHANGING THIS PROPERTY - SEE WEB SITE BELOW

Isla Cebaco is one of the largest and most beautiful islands in the Pacific Coast of Panama. With over 8500 hectares covered in primary forest, it is also one of the most pristine and ecological zones in Central America. The property is located on the northern part of the island, facing the island of Coiba, a World Heritage of Mankind and a National Park. It has 305 hectares of land (750 acres) and boasts 3 kilometers of oceanfront, of which one and a half kilometers consists of privately secluded beaches and the rest of breathtaking sea cliffs. -The land is hilly and covered with a pristine primary tropical forest. It is ideal for construction of homes with sea views. -The ocean is emerald green and quiet year round and thus ideal for scuba diving and snorkling. Whales can be seen from the beach year round (see photos)-The longest beach is sandy white and the other two sandy mixed with white pebbles. -The entire property has an excellent depth which allows for the construction of a marina. Application for the marina concession already made to National Maritime Authority. -Master Plan calls for 40-50 high end beach-front villas with 10 hectares (25 acres) of land each and a private 2500 square meter marina for ten boats and a high end 40 room fishing boutique hotel.

The land is not titled, but the possession rights and the surveys are registered with the Office of Catastro, the Agrarian Reform, and also the local municipality. -The government will grant title upon the presentation of a residential or commercial project under Law 2.

To provide energy, it is best to rely onsolar power since it is not only affordable and reliable but also environmentally friendly. However, back-up diesel powered plants can be installed.

A complete package is available by emailing the exclusive agent.