Sale: Titled Caribbean beachfront property

$ 495,000
Mar Caribe, Colon,

Overview

  • Updated On:
  • June 5, 2023

Description

Welcome to this spectacular beachfront property in Panama! This Caribbean titled property is a rare opportunity to own a tropical paradise in a stunning location. Salud is located on the Caribbean coast of Panama, just 1.5 hours from Panama City and close to cruise ports and the transcontinental train that connects the Pacific and the Caribbean. With the new Gatun locks bridge just inaugurated, it now takes just one hour to get from Panama City to this exceptional property.

This property has a total area of 31,824 m2, approximately 4 hectares or 10 acres, and has 820 linear feet (250 linear meters) of beachfront. The northern boundary of the property is the beautiful Caribbean Sea, while the main paved road is the southern boundary.

This property is one of the few titled lots in the area, and it’s been titled since 1926. The sea is magnificent and pristine, and water, electricity, and telephone services are readily available in the area. In addition, the property has access by land, air and sea and is close to the cruise ports and the transcontinental railway.

Another advantage of this property is that it is within the designated tourist zone, Zona 5 – Metropolitana, which means that it applies for ALL tax exemptions under Law 8. The Panamanian government has established tourism as one of its main priorities and has allocated significant resources for this objective. In addition, numerous tax incentives are available to those who invest in hotels, marinas, and tourism-related activities in the Republic of Panama.

All of this makes this property an incredible investment for those looking for a tropical paradise and a business in the tourism industry. Don’t miss the opportunity to acquire this unique property in Panama, with a recently reduced price of $495,000 US dollars!

Address: Mar Caribe, Colon
City:
State/County:
Country: Panama
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Property Id : 247622
Price: $ 495,000
Property Lot Size: 31,824 m2
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