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114Has Frente al mar Punta Chame

114Has Frente al mar Punta Chame
114Has Frente al mar Punta Chame

Location: Avenida Balboa
Address: Playa Escondida
Mts. Plot: 114
Selling Price: $ 114,000,000.00



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Project Description

PLAYA ESCONDIDA has an area of 114 hectares with a beachfront of 3 miles. This beach terrain could become the most important and luxurious beach resort in Latin America at a distance of only 40 miles away from Panama City.

The distance to the land lots in Playa Escondida via the Inter-American Freeway is only 7.5 miles and the Chame Airport is only a half mile away.

With a beachfront of 3 miles, a truly fabulous beach resort can be developed.  The owner recently divided the property in 5 lots, so the most wide are $200.00 square meter (first and second) and the last three in $166.00, $133.00 and $100.00 per square meter.  All the permits and approvals had been gottern in order to develop a tourist concept and high end condominiums.  Approved is also the environmental impact study to develop those concepts.

The area of every parcel is from 30 to 22 hectares, suitable for any development with beach front.

Playa Escondida will become the closest beach resort to Panama City, the capital of the Republic of Panama. The largest beach resort is 58 miles from Panama City and it is Coronado. A few miles ahead are Decameron, Playa Blanca and Buenaventura, at 78 miles away from Panama City.

At only 5.6 miles from the Playa Escondida property, there are adequate land lots available  to build a professional golf course or a golf resort within an area of 465 hectares. This land is sold separately.

PLAYA ESCONDIDA is definitely a paradise to be discovered.

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