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Beach Front Land For Sale in Pearl Islands Panama
Pearl Islands: Beach Front, All Permits. Ready To Sell.
Asking Price: $1,900,000 USD (Negotiable)
11 hectares of prime beach frontage on Isla Del Rey. The property is development ready, sold with permits for hotel, marina, fuel sales, dock concession, the Panamanian Tourism permit and everything necessary to begin construction immediately upon purchase. The property is located approximately 45 miles from Pearl Island and about 60 miles from the mouth of the Panama Canal. With the impending construction of the Ritz Carlton on Pearl Island, the property is poised for significant value increase through time. Sellers extremely motivated-- no reasonable offer will be refused.
The property is accessible via 4,000’, paved runway that was built by the US government. It is professionally landscaped, with a number of improvements—staff buildings, water wells, housing and more.
The permits are of extreme value and utility. The Tourism Permit provides significant tax benefits—reduced property taxes, no import tax on capital goods used to develop the property and no income tax on revenue generated from the property for 15-years. The sellers are extremely motivated—no reasonable offer to be refused.
Access to world class offshore (black and blue marlin, sailfish, yellowfin tuna, dorado and more) and inshore (trophy roosterfish and cubera snapper being the headliners) fisheries. The location sits within a major concentration of sportfishing activity as well as yacht and sailboat traffic.
It is a great investment property, but is also well situated for a private estate or a boutique lodge.
|About This Property|
|Features - Amenities|
- Ocean View
- Ocean Waterfront
- Full Suite Of Permits
- Sandy Beach Frontage
- Access To Deep Water Anchorage
- Tropical Fruit Orchard
- Housing Onsite
- Sold With Complement Of Tools And Construction Materials
|Pictures (click to view a larger image)|
|Contact - More Information|
| Elliott Stark - Starkfish LLC |
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