USD 5,250,000

Boulevard Avenue Lots 77, 78, etc.
CORONADO, Panama 99999

Beds
Baths 0

Property Description

19.2 acres of near-the-beach vacant land in Coronado, Republic of Panama, just 1/2 mile from the Pacific Ocean, 40 minutes from the International Airport and next to the most sophysticated resort life style area. Suitable for Casino/Hotel/Condo dev.Panama has been selected as one of the primary investment land in Central America, due to the lack of property and sales taxes, foreign investor incentives, low cost of living, dollar based society, best international access through both Oceans, outstanding Caribbean water and beaches, financial investment center of the region.Tourism is booming as English is commonly spoken. Foreign visitors surpassed the 1.5 million mark in 2007. Investors from around the world have come to Panama to buy land, develoopreal estate and plan to stay and retire in this safe and prosperous land that unites Central and South America. Due to the Panama Canal, international trade is the name of the game. The local government has authorized the Casino industry to develop and prosper, with 15 existing casinos to date. Due to all this, a condominium development, a hotel complex, or a casino resort are very suitable to be developed on this priviledged beach front land. Call us for more information!!!

Listed by RE/MAX CAPITAL REALTY

Property Details

ID #
T2298105
Status
Sale
Type
Land, Residential
Zip Code
99999
Lot Area
831,996ft2
Property Occupancy
Vacant
Parking
Other

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