This is a dream property for anyone with vision and a dream to build something truly amazing. Listings like this (so close to the city, easy highway access, very near Coronado) simply do not come on the market often.
Here’s what we love about this little piece of paradise
• 140 meters of beach front
• Incredible ocean views with very buildable topography
• Easily build 4-6 luxury villas or a hotel
• 45 m above sea level with wonderful ocean views
• Electricity and water on site
• Personal water well with a depth of 240 feet and water Storage tank
• 5 Bedroom house which may be renovated, however the real value is on the land.
The property is located just a few minutes’ drive to the main entrance of Coronado where you will find 24 hour supermarkets, a wide variety of restaurants, banks, hardware stores, and a small hospital among other conveniences. Coronado has been known as the Gold Coast Beach getaway for wealthy Panamanians. In recent years, it has become a significant destination for international travelers and ex-patriots looking to make Panama their home.