Land Palmilla, Caribbean Coast
Donoso Municipality Colon Prov : Colón, Panama
Lot Description
For the best in Panama Properties contact United Country Panama Coastal Panama Real Estate.
Asking price submit offers in the form of letter of intent. A refundable deposit will be required with acceptance of letter of intent.
Feasibility period 15 days from acceptance of letter of intent
Down payment 15 of purchase price due at execution of promise to purchase agreement.
Refundable deposit may apply to down payment.
Purchase terms
All cash with remaining 85 due at close of escrow.
Property condition at closing
Property will be delivered in as is condition
Close date 30 days after execution of promise to purchase agreement.
As is sale No representations or warranties
Property is being sold as is with representations or warranties from either the Seller or its affiliates. Any information provided by Seller or affiliates is intended to help a Buyer develop an offer to purchase the property, but buyer must not rely on anything other than its own due diligence.
Prospective buyers are encouraged to submit their best offer after doing their initial investigation as to the feasibility of the project
Executive Summary
Location
8 kilometers east of the historic town of Belen on the Panama Caribbean coast in the municipality of Donoso. Site is 60 kilometers from the town of Miguel de la Borda, 110 kilometers from Colon all to the East.
Description
Fully titled site with 203 meters of beach front in addition to Palmilla river access via canal at rear of site.
Access
Current access is via boat from town of Miguel de La Borda or floatplane on the Palmilla River. Future access will be via planned 40 km extension announced July 1, 2015 of the coastal highway that currently ends at the town of Miguel De La Borda. In addition, access will possible from the highway recently completed running from Penonome to the Caribbean now a private road built by Minera Panama mining company. To be made public in the future.
Topography
Site is flat from the beach in front to the canal at the rear of the property.
Zoning/permitting
No zoning or permitting restrictions. Building density is medium to low.
Market
Future sport fishing resort, residential, private beach front finca. Price will trend up over the next few years as the Puente Atlantico de Panama construction is completed and highway construction continues.
This bridge is a key link from the Colon expressway to the Caribbean coastal highway extending to the town of Miguel de la Borda.
Asking Price or per meter
CORONADO Offers - 4 major super markets - Several shopping malls - Restaurants - Banks - Insurance - San Fernando Medical Clinic and Emergency Room, world class hospital - Dental groups - 3 Vet Clinics - The neighborhood is mixed with full-time residents and weekenders, with several nationalities, especially Canadian, Panamanian, and North Americans.
For Real Estate Panama, Coronado is the first developed beach community on the Pacific West Coast of Panama. United Country Coastal Panama.
Para las mejores propiedades en Panama, contactar a United Country Panama Coastal, es la mejor oficina de Bienes Raices en Panama.
Coronado Ofrece
4 grandes supermercados
Varios centros comerciales
Restaurantes
Bancos
Seguro
Clinica Medica San Fernando con sala de emergencias, hospital de clase mundial
Clinicas dentales
3 Clinicas Veterinarias
Para Bienes Raices en Panama, Coronado es la primera comunidad de playa desarrollada en la costa oeste de Panama del mar Pacifico. United Country Coastal Panama.
