The project is approximately 80% completed with a lot of the building material to finish already purchased and on site. The property includes a detached guest quarters of 341 square meters with two lofts with full kitchen and full baths, a 3 car garage and a large storage room. The finished project features:
• Swimming pool with three waterfalls
• Swimming pool with large island in the middle
• Artificial creek
• External block and parged wall is 61m X 98m. Height of wall varies between 3m & 2.7m
• Pump house and water reservoirs (Artesian well with a 30-50 GPM pump automatically filling two 2650 gallon water reservoirs)
• 5 Minutes to Scarlet Martinez International airport
• 2 minutes to Santa Clara Beach
• Very exclusive and upscale neighborhood
Two additional rooms which can be converted into bedrooms, office space or entertainment area.
Santa Clara is a beach community located one and half hour from Panama City and is well known for its white sand beach and beach front mansions. The new international airport is bringing a lot of growth to this area, including new shopping malls, new restaurants beach resorts among many other amenities
Price reduced from $2,950,000.00. Approximately 500k to finish according to plans. Motivated seller. Total invested at the moment is $3,200,000.00 without the land which is valued at about 800k today. When finished, it could be valued at 5 Million Dollars or more according to building costs.