Playa Palmella, a near shore island with over 6 Km Of Beach Plus Area For Marina And Landing Field (MD1603330)
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PLAYA PALMELLA... OVER 6 KM OF BEACH PLUS AREA FOR MARINA AND LANDING FIELD. THE PRIME COASTAL DEVELOPMENT PARCEL. This large TITLED property, with legal 22.5 meter setback from high tide line, has an area of 156 hectares (385 acres). There is also a derecho in place to apply for a further 56 hectare concession, granted by escritorio (see your attorney for clarification). Playa Palmella is surrounded by water, estuaries, mangroves and the Pacific Ocean, so is legally classed as an island. The beach area itself is more than 6 kilometers long! A large property such as this is increasingly rare today. A combination of resorts, vacation homes, condos, etc. are possible here as is a landing field for smaller aircraft. The land is fertile and will support much varied vegetation with the surface being flat 98% and 2% semi-flat with trees and shrubs. The protected area behind this property has space for a large marina for yachts and sailboats. This parcel is held by a S.A., meaning the taxes due are less. The buyer will purchase the Sociadad Anonima, whose only asset is the parcel. Contact your Attorney for clarification. Offered at $ 10,000,000. The seller now wishes to be negotiable to a cash buyer.
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- Coast ~ 0,383 km
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Banner Panama Realty (Real Estate Agent) from Panama
About Banner Panama Realty
We have over 250 listings all over Chiriqui Province (and selected listings through-out Panama) with an emphasis on the greater Boca Chica area where our office is located. We provide a complete package of real estate services to foreign buyers of property in Panama. Buying property in any foreign country, including Panama, can be a complex and sometimes frustrating process, with numerous pitfalls for the unwary. We understand the complexities of real estate in Panama and will ensure that the entire process is as pleasant and worry-free as possible for you. • Real Estate Services. • Bank Escrow Services. • Property Purchase / Sale. • Title Investigation
and Title Insurance
• Project Development
o Project Management. o Accounting
o Attorney Referrals. o Accountant Referrals
o Architect Referrals. o Contractor Referrals. o Bank Introductions
and Account Assistance