100 ACRES in Puerto Armuelles with approved Master Plan for housing, wharf, marina and commercial area. Check out this incredible investment opportunity! Chiriqui

$ 20,270,945
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ID : 372
Price: $ 20,270,945
Lot Size: 4,418 m2

Description

Incredible property for investors, located on the coast of Puerto Armuelles, facing the beach and with the hard part done! An approved master plan. THIS is ideal for investors who want something more concrete and with “already done” paperwork.

Due to its potential, different studies have been carried out on this property to determine its feasibility in different areas of commerce, some of which have been the following;

  • Study carried out by JICA in 2004, together with AMP, indicates that the site is optimal for a wharf since the topography allows the construction of a breakwater, which would allow the uninterrupted transit of freighters without having to wait for the tidal change and waves or other marine currents.
  • Environmental impact study was approved for the construction of houses, condominiums and commercial areas.

For its residential part, the master plan includes single-family houses, duplexes, townhouses, 12-story condominiums, in addition to its commercial area and dock. The subdivision construction plans are still available in Autocad, which saves a lot of time when developing on the property.

Currently at this property;

  • There are 3 single-family houses sold and occupied corresponding to the first stage of development,
  • Coconut palm plantations are maintained, 2 thousand palms, for the production of virgin coconut oil,
  • There is access to single-phase electricity, three-phase electricity is found 2 km from the property,
  • There is access to drinking water from IDAAN.

Attractive features;

  • The property has 1 km of beachfront
  • The property reaches 22 meters of property on high tide
  • There is currently a transit of tankers that pass in front of the farm towards PTP
  • The property will benefit from the new road from Río Sereno to Paso Canoas, currently in government plans.
  • The topography of the property is 90% flat

Invest in a great business development and expansion opportunity today! Contact us for more information.

Are you an Investor looking for good real estate?! Click here for more!

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County:
Country: Afganistán
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Testimonials

They helped us solve our housing need for 6 months with a very well located apartment. Thanks for all the effort.
Felix Del Cid (Actor)
From Venezuela - Prestige was always showing our property for rent, until finally we were able to close a rental contract. Excellent company to do real estate.
Ritter Family (Engineers)
Wee-Yiong helped us get the price we wanted for our house! Thank you
Iveth (Entrepreneur)

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Wee-Mingh Fung