Prime 8-Hectare Oceanfront Property for Development in Veracruz, Panama

Description

Imagine owning one of the most remarkable pieces of land in Panama, where you can gaze at ships waiting to traverse the famous Panama Canal by day and enjoy their lights shimmering on the water by night. Set against the breathtaking backdrop of Taboga Island, home to the second-oldest church in the Western Hemisphere, this extraordinary property offers not just land but the opportunity to craft a lifestyle.

This 10-hectare property (approx. 25 acres) is divided into two parcels:

• 8-hectare parcel with an expansive four-bedroom, three-bathroom home and outdoor entertaining areas.
• 2-hectare beachfront sliver offering 300 meters (984 feet) of beach frontage, perfect for creating a private oasis or resort-like retreat.

An additional 14-hectare parcel across the road is also available, priced at $26 per square meter, providing even more development possibilities.

Key Features

The Home

• Bedrooms: 4 spacious bedrooms
• Bathrooms: 3 full bathrooms
• Outdoor Spaces:
  • Covered outdoor seating areas ideal for barbecues and gatherings
  • A large, open kitchen with retractable walls to embrace the fresh ocean breeze
  • Expansive, shaded patios with incredible ocean views

The Land

• Total Area: 10 hectares (approx. 25 acres)
• Beachfront: Over 300 meters (984 feet) of pristine beach, enhanced by stunning natural rock formations
• Agriculture:
  • 10 mature mango trees producing delicious fruit
  • 6 towering avocado trees
  • Papaya, lemon, and coconut trees, along with other tropical flora
• Tides: Dramatic tidal changes (14-20 feet) showcase Panama’s unique marine environment

Location Highlights

• Close to Luxury: Two of Panama’s top resorts, The Westin Playa Bonita and Dreams Resort, are minutes away.
• Dining & Entertainment: Vibrant beach bars and restaurants attract locals and visitors alike for laid-back oceanfront dining.
• Proximity to Panama City: Just 25-35 minutes away, depending on traffic, offering easy access to urban amenities while maintaining the serenity of coastal living.

Development Potential

This property offers unparalleled versatility:

• Luxury Development: Create an upscale residential or hotel community with unmatched views.
• Active Living Community: Perfect for retirees or expats seeking tranquility and modern amenities.
• Personal Retreat: Craft your dream estate with space for gardens, orchards, and private beachfront leisure.

Pricing Details

• 8-hectare plot with home: $100 per square meter (~$11 per square foot).
• 2-hectare beachfront plot: $50 per square meter (~$5.50 per square foot) if purchased with the 8-hectare lot.
• Optional 14-hectare parcel: $26 per square meter (~$2.50 per square foot).

Why Veracruz, Panama?

Veracruz is an idyllic coastal community known for its stunning beaches, relaxed vibe, and proximity to Panama City. It’s a sought-after destination for both luxury and investment properties. Whether you’re captivated by the history of Taboga Island or the vibrant expat culture, Veracruz offers a unique blend of tradition and modernity.