15 Pacific Oceanfront Acres in Panama for $600,000

Panama Advisory International Group as the exclusive agent, is pleased to offer this rare opportunity to own a piece of paradise at an unheard of price of $600,000.

As with most coastal property in this area, the property consists of the Rights of Possession, in this case to approximately 6 hectares or roughly 15 acres of coastal property near the town of Quebrada de Piedra in the Chiriqui province of Panama.    The site is situated at the entrance to a large estuary system where there is  a Government Naval Base.  There is extensive ocean front and calm protected bay waters on the other side of the point of this peninsula.  Located just two hours  from the City of David, access to the property is a five minute boat ride from the dock at  a nearby sport fishing lodge.  Plans are approved for a boat dock and pier.     It has over a 1.2 miles of ocean frontage, quite a bit for a tract this size as it is a peninsula.    The buildable sites on the ridge offer incredible westerly “Malibu” sunset views with the top tier at 300 feet.  There is an application in place for titling  the property to within 22 meters of the high tide line.  Once titled could be worth double the purchase price and has incredible development potential for an eco resort.  To get an idea of what I am talking about, see Isla Secas which is located just offshore from this property.

At the tip of the peninsula,  you can look back down the other side of the hill and see the gently sloping topography which leads down to the flat land on the protected bay area. 

The incredible 270 degrees views from the top are looking out to the islands in the Pacific down the beaches from Las Lajas to Boca Chica and back to the mountains.

SITE MAP

In much the same fashion as neighboring Costa Rica, Panama is emerging now as a prime destination for North American and European tourists including those seeking second homes or retirement alternatives.  International tourism has more than doubled since 1994 to over 900,000 visits per year, increasing 15 percent between 2007 and 2008. Even during the downturn, in 2009 an additional 5 % increase occurred. Last year it was estimated that close to 1,200,000 visitors came to Panama.

Panama City is just 2.5 hours by plane from Miami and already receives more than 400 international flights each week.  Here Panama offers the ambiance similar to Miami with a combination of the old city of Havana.

Affluent North and South Americans are flocking to Panama not only for its easy access but also for its natural beauty that includes such diverse and pristine ecosystems as tropical rain forest, virgin beaches, and volcano high-altitude mountain environments, which rival any destination in Central America.  Let us now leave the City and learn more about this wonderful country.   The country’s economy has been growing at a strong and sustained rate in recent years, driven primarily by expansion of the Panama Canal, international business and increased tourism.

Another attractive draw for international tourism is that Panama offers a modern health care system with American-trained, English-speaking doctors and several top hospitals and clinics that meet U.S. standards, yet the cost of health care services is a fraction of comparable costs in the U.S. Finally, Panama continues to enjoy a unique relationship with the U.S. characterized by a deep commitment to the preservation of its security situation and the rule of law, resulting from the Canal’s strategic importance and the scale and international significance of its banking system.

In summary, Panama is a phenomenally beautiful and diverse country with infrastructure that rivals many developed nations. Its unique beauty and potential have begun to attract international recognition, showing that Panama is in fact the next resort frontier of the Americas.

A short flight from Panama City takes you to David, the seond largest city in Panama where you can find anything you need in the way of goods and services including an excellent hospital with good doctors and specialists in just about every field.  From David you can drive an hour and a half on the Pan American Highway where you will turn off the road onto what was the old Pan American highway.  Just 8 miles down the road takes you to an incredible fishing lodge where you can access the Pacific waters.  From the lodge you can see the peninsula where the property is located.

The Paradise Fishing Lodge will soon offer mooring for small and large yachts as well as gas and diesel sales from the end of the pier.

In another 5 minutes by panga and we arrive at the peninsula where the property is located.

The site owner has an application for a pier and floating dock, allowing seamless access to the property.  Here is the location of the sheltered deep water where the boat dock and pier will be located.

Just around the point of the peninsula you have a magnificent shoreline and an incredible beach known as Morro Negrito.

Morro Negrito beach is a long curvilinear beach with swimming, snorkeling and surfing.

At the end of the beach there is a surf camp accessible by water and several choices including nice surf break out front that runs 5 to 7 feet.

A short boat ride offshore and you can surf P-Land located on the outer island and breaks left. P-Land is one of the most recognized waves at Morro Negrito due to its size and power. This wave is consistently the largest wave at Morro Negrito and will hold surf 20+ feet.

Head out offshore for diving and you will run into pelagics including huge hammerhead sharks, whale sharks, manta rays and humpback whales.

Image courtesy of Colibri Productions

The offshore waters offer an abundance of outdoor activities including  diving and surfing.  For the fisherman, the choices are endless culminating in the world famous Hannibal Bank that is one of three locations in the world for Black marlin and huge Yellowfin Tuna.

Here is a video of a 700 pounder caught from one of Paradise Fishing Lodge’s boats.