Multiple Development Sites in Panama
Attn: Developers - Panama Land Bank Portfolio for Sale
This is an ideal opportunity for immediate development, staged development, or “land banking” for long-term hold and appreciation.
With “China-like” economic growth rates in Panama leading the region at over 9% GDP per annum, these properties in Panama make for an excellent investment.
All properties come with titled deed free and clear. All properties are fenced. Survey maps are available for the larger properties. Seller is motivated.
Summary of the land bank portfolio for sale in Panama:
* 1/3 acre ocean view lot with road, water, electric, fruit trees, 2 minutes from Mariato town center (restaurants, shops), 5 minute drive to beach, valued at $35,000 (perfect for small hotel, rental villas, private house)
* 27 acres with year round creek, rolling hills, 360 degree country views, 4 x 4 road access, 5 minutes from Pedasi town center, 10 minutes to beach, electricity 2 kms away, valued at $119,000 (ideal private estate, future residential/touristic development)
* 20 acres with 450 meters river frontage, 360 degree mountain views, 3 bedroom/1 bath caretaker’s house, 5 minutes from Penonome town center, road, water, electric, 30 minutes to beach, 20 minutes to new international airport, valued at $325,000 (potential use as high density residential, acreages, private estate, developed value approx. $1.2 Million)
* 2.4 acres development site, residential/commercial, flat, excellent road frontage, 5 minutes from Penonome, valued at $90,000 (potential use as high density residential/condo/townhouse/commercial)
* 3 acres with great mountain views with 4 year old teak planted, 5 minutes from Penonome, road access. Water and electric within half mile, valued at $35,000 (potential use for private house, and/or hold long term for teak harvest)
Total Area For All Five Properties – 52+ Acres
Estimated Value Of Entire Portfolio: $605,000
Package Deal For All Five Properties: $425,000 – Save 30%
About This Property
Category
Investing/Development
Sold by
Owner
Address
Panama
Area
52 Acres
Features - Amenities
- Development Potential