Tuesday 22, May 2012

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Playa De Miguel - fantastic beach front property

Playa De Miguel

Located a 15 min boat ride past the town of Miguel de la Borda.  This is a fantastic beach front property with over 610 meters (2000 feet) of beach front.  It is a series of 7 private sand beach coves separated by higher outcroppings that provide 9 excellent building sites protected from storms with unbeatable ocean views and privacy. 

A total of 37 acres (15 hectares) of land with the proposed road running along the back section for future easy accesses.  This property will provide unbeatable high end lots with private beaches and lots of room for gardens and large high-end private estates. 

This property is in the process of being titled and is held by a single purpose offshore Panamanian corporation.  Purchase can be easily accomplished by transferring the whole corp. which will leave the titling processes in place uninterrupted. 

Priced at only $4.56 per m2 this is great investment opportunity that will yield an extremely good return over the next 4 to 5 years as rapid growth comes to this area with the new road construction that is now going on. 

Priced $685,000  including the Panama corporation. 

Notes:

Cove #10 is the end of the property the property line is in the middle of that cove and is all the land to the left.  There is a very small cove #4 but it does not have a beach just a small ravine.  The property starts with a very small cove as well that does have water accesses but is really small.  This property is prefect for an eco resort or to divide for a group of people each with a hill top building spot and a privet beach.  This is price unbelievably low for the amount of beach frontage and the rugged beauty of this secluded beach, some of the best fishing in the world and 15 min from the nearest small town, yet only a little over 2 hrs from Panama City.

GPS coordinates are: N 9  09.037    W 80  21.065

 

ID # : 762

Sale Price $ 685,000.00 USD

ID # : 762
Purpose : For Sale Investment
Property Type : Beach Property - Land/Lots, Land, Water Front
Location : Colon
Land Size : 15.00 ha / 37.07 acre




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