Opportunity on Pan American Highway | $499,000
Carol Franklin Agent Photo
Carol
Franklin
KW OBARRIO (PANAMA CENTRO REALTY)
Ph Sl 55, Calle 55 Obarrio Y Samuel Lewis, Panamá
Panamá
Panamá

Details

%
Years (35 year max)
Years



AreaSan Lorenzo
Sub AreaSan Lorenzo
CountryPanamá
Price$499,000
Property TypeFarm
Lot Size157730.00 m²
MLS® #20644

This development opportunity is located in Chiriqui Province, Panama, right on the Pan American highway. The property boasts a range of features and amenities that make it an ideal investment option. With a current price of $3.17/m2, this offering includes the land, several structures, and access to utilities such as electricity, two sources of water, and high-speed internet. One of the notable highlights of this property is its direct access to freshwater fishing in a large river that borders the land. Additionally, access to saltwater fishing can be conveniently found nearby. The property presents a diverse range of potential uses, including: Establishing a hotel A yoga retreat A self-sustainable agriculture farm leveraging the fertile land that already produces fruits and vegetables. Also suitable for a residential development, as a master plan has already been created. Furthermore, it can accommodate various commercial ventures such as: A gas station Supermarket RV park Camping/glamping site Shrimp and sea cucumber farming. A freshwater fishing lodge or provide lodging for saltwater fishing enthusiasts with its proximity to fishing areas. Additionally, there is potential to incorporate an airplane landing strip or helicopter pad for air transportation. Other possibilities include: Agro-tourism Large residential farming Warehouse usage Construction staging area Kayaking Wildlife observation A zipline from the hill. It includes a proposed subdivision development plan consisting of 17 lots, along with pre-existing permits for a gas station and convenience store.

Location

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Data Source: Statistics Canada
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