These notices are worth watching if you are looking to invest in land. While lot of the good buys were made years ago on the Caribbean coast, there are still plenty of great properties to invest in. With scenery like this, it is not hard to figure on how the roadway connectivity on this coast will drive up prices. See how this all fits together with the new highway from Panama City to Colon and how from Portobelo you will be able to travel to Cuango quickly and easily.
The Panama Tourism Authority is putting out to tender the design and construction of the Via Costanera Highway.
Description of the procurement:
Study, Design and Construction of a Coastal Highway, between the communities of Cuango – Santa Isabel, in the District of Santa Isabel, Province of Colon.
The date and time of the clarification meeting is June 25, 2013 at 10:00 am.
The time for submitting proposals is July 9, 2013 from 9:00 a.m. to 11:00 a.m..
Source: CentralAmericaData.COM
Here is a piece that I did on how roadway connectivity has driven up prices in Chiriqui along the coast. Last year I sold a property for around $6 per m2 and with the new roadway in place a year later, they subdivided the property and made 4 times their investment.