For Sale Titled

Large Beachfront Property With 1 Mile Oceanfront Only 45 Minutes From Panama City

  • $12,000,000

Large Beachfront Property With 1 Mile Oceanfront Only 45 Minutes From Panama City

  • $12,000,000
Property ID
BFPO006​
Land Area
640000 Sq Meters

Location

  • Town: Chorrera
  • State/county: Pacific
  • Province: Panamá Oeste

Description

This property is a very unique piece of land, offering incredible opportunity for the savvy investor who can see the benefit of such a large ocean-front piece of land less than 1 hour from Panama City, and only minutes from one of the fastest growing districts of Panama & Panama Oeste province: Chorrera. Chorrera is developing rapidly, gaining more and more residents each year, along with commercial development. Chorrera will also be the final destination & station location for the new suspended train being built within Panama City and its surrounding districts. This property consisting of 64 hectares, a golden-white sand beach, and a naturally protected harbor offers an excellent opportunity for the development of a: residential community, resort / condominiums, harbor/marina.. and more. An evaluation of this property done in 2014 valued the property at $14,000,000 so for the current asking price its a great deal! Not many options like this left on the coast of Panama Oeste province, and none so close to Chorrera! 

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Dustin Conlon
  • Dustin Conlon