Description
The Property This property consists of a magnificent 32-hectare plot of land on the shores of the Caribbean Sea in Santa Isabel, Colón province. 500 meters of beach surrounded by crystal-clear waters. A virgin tropical paradise waiting to be developed. Ideal for a tourist project or hotel. Price: APPRAISED for $4.7 million, NOW AT A BARGAIN PRICE of $2.5 million, that is, $7.81 per square meter when the market is at $20.00 per m2. Neighboring the multi-million dollar luxury project Kokuyé, its purchase is a guaranteed profitable investment given the tourism growth that this sector of the Panamanian Caribbean will have. The Location Colón is the second largest city in the Republic of Panama and is located at the Caribbean entrance to the Panama Canal. Colon is home to the Colon Free Zone, the second largest free zone in the world. Colon is also home to one of Panama's largest cruise passenger ports. Colon's Caribbean beaches are beautiful and rich in biodiversity and history. These beaches have incredible coral reefs, which are excellent for diving.
