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
Favorite
Your search results
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!

Follow us on our social media! 

Instagram ?  @prestigepanamarealty

Facebook ?  Prestige Panama Realty

Text me on WhatsApp ?  Wee-Mingh Fung / Real Estate Agent

Looking for our old website? It’s Still HERE!!

Fenced
Land for Development
Ocean View
Water Access

Contact Me

Schedule a showing?
Call +507 6983-8183 WhatsApp

Similar Listings

For Rent
Motivated Seller

34-Room Hotel Building for Sale and Rent in Downtown D...

$ 3,500,000 Rent: $10,000/month
Hotel building in downtown David, for sale and rent: 34 rooms, 40 bathrooms, elevator, 18 ...
Hotel building in downtown David, for sale and rent: 34 rooms, 40 bathrooms, elevator, 18 parking spaces and 5 reta ...
3440 18details

Income-Producing Commercial Property with 2 Retail Spa...

$ 390,000
Commercial property for sale in Los Algarrobos: 2 retail spaces and 3 apartments already g ...
Commercial property for sale in Los Algarrobos: 2 retail spaces and 3 apartments already generating income, 619 m² ...
8 619 m2 1,355 m2details
8
For Rent

Corner Commercial Lot in El Sucre, David

$ 900,000
Corner commercial lot in El Sucre, David, available for sale or full or partial lease.
Corner commercial lot in El Sucre, David, available for sale or full or partial lease.
2,000 m2details

Testimonials

From China - I have been able to do several transactions with Prestige Panama Realty and they have always done well.
Lin (Businessman)
What I like the most about the company is that I can work quickly with them, since they have rented my house to me sooner than I expected.
Choo Kwon Chin (Entrepreneur)
From Spain - Thank you for helping me get the house in Terronal!
Ismael Acosta (Architect)

Compare Listings

Wei-Mingh Fung