3 more images below...
Beach Front Land For Sale in Pearl Islands, Panama
Isla Del Rey- Best Development Opportunity In Pearl Islands
Asking Price: $1,300,000 USD
This is an 11 hectare property that sits on a sandy beach in a protected natural harbor. The property is sold with permits in hand for construction of a hotel, restaurant and marina. Permits also include fuel sales and a tourism permit. There are many properties for sale in Panama. This parcel provides a number of unmatched benefits to the prospective owner. These include:
1. Property is situated on the southern tip of Isla Del Rey-- the largest of the Pearl Islands. It is approximately 60 miles from Panama City and 30 miles from the Pearl Island. Its geographic location is an ideal placement for marina and hotel development.
2. The property is fully permitted. These permits were the product of four years of work and a sizable investment. They are sold with the property-- making it turnkey, development ready. Permits include: hotel, marina, restaurant, fuel sales, tourism permit and more.
3. The property sits 1/4 mile from a paved 4,000 US government-built runway.
4. The property includes a number of improvements. It is professionally landscaped and meticulously maintained. The property is sold with a number of two room cabins, a ground water well, a large shed, construction supplies and a larger staff building. These units could house workers or make spending time on the island a possibility from the get-go.
5. The tourism permit provides a number of tax benefits to the property-- no import duty on machinery brought to develop site, no income tax on money generated for 15 years, and significantly reduced property taxes.
6. The location of the island provides a perfect jumping off point to take advantage of Panama's incredible fishing opportunities-- black marlin, blue marlin, yellowfin tuna, dorado, roosterfish and more. The property is also the most proximate point in the Pearl Islands to the marlin fishing offshore. This placement makes it a perfect location to sell fuel and supplies to sportfishing vessels coming from Panama City, the Pearl Island, and those crossing through the Panama Canal.
7. The property may be combined with an adjacent 30 hectare parcel. Together these properties provide beach frontage on two sides of a peninsula.
The property is very beautiful and located in a wonderful part of the world. Under various scenarios it is well suited to generate income or make a world class private estate-- or a combination.
|About This Property|
|Features - Amenities|
- Ocean Waterfront
- Sandy Beach Frontage
- Fully Permitted
- Free Hold Title
- Paved Runway Access
- Tropical Fruit Orchard
- Spring Fed
- Staff Buildings
- Construction Supplies On Premises
- Professionally Landscaped
|Pictures (click to view a larger image)|
|Contact - More Information|
| Elliott Stark - Starkfish LLC |
|Find More Properties|