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707 Hectare Tropical Paradise, Resort / Residential & Marina Development Property



$18,500,000



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    Property ID
    BFCHRQI100
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    Titled
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    Land Size
    70700000 Sq Meters

Updated on May 12, 2020 at 7:05 pm

Location

  • Town: Yurre
  • State/county: Pacific
  • Province: Chiriquí
  • Country: Panama

Description

This expansive oceanfront property is an enormous piece of paradise within the Chiriqui province. The 1,747 acres are comprised of rolling hills, jungle, fresh water steams, a 300ft waterfall, topography altitude up to 1,200 ft above sea level, and a marina site already approved and holding concession. Stunning views out towards the various exotic islands of the region are offered from the majority of locations within this property. This opportunity is ideal for those interested in creating one of Panamá’s premier residential/resort/marina developments. A Master Plan has already been created for the potential development of the property (including the marina) meaning the new owner will have a lot less headache to deal with when creating development models for the property. All environmental impact studies and other necessary prerequisites have been met, making this a nearly “turn-key” development opportunity. Offshore of this strategic location are located some of Panamá’s most beautiful islands, including the Coiba national park. All of these islands are absolutely stunning and offer excellent fishing, diving, surfing, beach hopping, wildlife viewing, and more. It is truly one of Panamá’s most magical destinations. Road access provides an easy arrival to this property, which is located approximately 1 hour from David and an international airport. The opportunities and potential presented by this property are practically limitless considering the fact that it would be the only legitimate marina between David and Panama Oeste, while also offering resort/residential/commercial opportunities. With so many success stories of developments like this throughout the Pacific side of Costa Rica, this property is an absolute gem for the qualified investor. Contact us today for more information and a detailed PDF brochure.

The “marina” and immediate surrounding land can be sold separately. Owners are also willing to reward equity in this project for contribution of a sizable investment. Please inquire for more information.