We have listed some additional properties in Azuero, one of our favorite areas in Panama. We have reported on numerous occasions in the past on the upside potential in this market for investment in oceanfront and ocean view properties. Well in the last 60 days several large tracts have sold including one of our favorite fincas in Pedasi where opur friend has more than doubled his money in just four years. The buyer is a European philanthropic billionaire who is invested in Central America and joins the ranks of others already in this market like Prince Maximilian from Lichtenstein. These are people who call Pedasi home when they visit Panama. You would not know them sitting at the local outdoor restaurant eating fresh fish and drinking a beer with friends while watching the slow parade of locals walk by.
Here is a little about the Azuero area.
“Panama lies at the crossroads of the Western Hemisphere, where North and South America meet and the Caribbean almost reaches to the Pacific Ocean, connected by the Panama Canal. In the middle of the country is a peninsula that faces south, jutting into the Pacific like a green wedge, and caressed by the Trade Winds. This is a mountainous region given over to cattle raising, with small towns dotting the coast and villages in the interior. This is Azuero
Azuero is the most Hispanic region of Panama. This heritage is quite noticeable in the behavior of its people, Indians and Afro-Panamanians as well as in the Hispanic segment of the population. Legends, superstitions, dances, music and customs are a living expression of this impressive cultural identity. The people of Azuero are joyous and hard working who know how to conserve their traditional culture and not be resigned to the loss of a rich heritage.”
Click on the photo for a very nice presentaion on the Azueros Project
The Property
The property is located above the road to Pedasi in Canas and consists of approximately 109 hectares or approximately 270 acres of land. Title is held to all of the land. The nice part is that the owner has put in the infrastructure and is willing to subdivide the property into smaller tracts, all of which have incredible ocean views.
You will notice the inland water that is protected by a natural barrier island. This acts as a sheltered water way and has boat houses and launching docks for protected access to the ocean. There is a planned marina for this location as well. Today, you can keep a trailered boat nearby, launch and be at sea in minutes in some of the most tuna rich waters in Panama. This are is called the Tuna Coast and there is even a world class tuna research facility nearby. The beach you are looking at is a national protected park area and has a huge nesting turtle population. The property itself has abundant wildlife including monkeys Toucans, Macaws, Iguanas and more.
Located a short drive from the beach and a new marina location, the property enjoys extraordinary ocean views and extended views of the coast. The protected harbor in Canas is a boaters dream and found nowhere else in Azuero. The property enjoys access directly off the main road, electricity is to the site and water is readily available.
This property would be an excellent site for a private estate or estate villas in a low density development. There are primary forest lands with monkeys, iguanas, birds and a lot of nature Enjoy fishing, surfing, swimming, snorkeling, and horseback riding minutes from your front door.
Pedasi is a short drive 20 minutes away and you can find most of your necessities there including medical care and banking needs. A short one hour drive and you can get to Las Tablas, a modern town where you will find just about anything else you need.
Pedasi has a regional airport and is less than an hour’s flight from Panama City and a four and a half hour drive by car. Again this is most important for consideration of markets you want to invest in here in Panama.
Here are the Fast Facts:
Size: 109 hectares, located in the village of Cañas, 900 meters from the island, 5 minutes from playa Venao.
Topography: the land has a flat part of about 35 hectares in the entrance with amazing valley and forest views and the rest are hills with breath taking ocean views.
Access: From the main paved road of the peninsula, its just 400m on a dirt road, year-round access for all cars.
Water: 5 wells have been drilled and there is enough water for hundreds
of units.
Electricity: inside the land
Price List
$400,000 for 5 hectares or $8 per m2
$700,000 for 10 hectares or $7 per m2
$1,200,000 for 20 hectares or $6 per m2
$2,000,000 for 40 hectares or $5 per m2
$2,400,000 for 60 hectares or $4.5 per m2
$3,815,000 for 109 hectares or $3.5 per m2
Please let me know if you are interested in learing more about this market, this property or any others that you might find when you visit our ADDITIONAL LISTINGS
Tom Brymer
305-448-1003
507-6810-1074