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DOWN COAST, PANAMA, PLAYA DE MIGUEL, BEACH FARM
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Caribbean sea front property for sale in Playa Miguel, Colón, 15 hectares fully titled, with more than 610 meters of beachfront.
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Michael's Beach
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Located 15 minutes by boat from the city of Miguel de la Borda. This is a fantastic beachfront property with more than 610 meters of oceanfront.
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It is a series of 7 private coves, separated by tall outcrops providing 9 excellent beachfront building sites, the sites are sheltered from storms with ocean views and plenty of privacy.
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A total of 15 hectares of land with a proposed highway touching the property for future easy access.
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This property is under a corporation, and the purchase can easily be accomplished by transferring the entire corporation.
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Beach front properties this is a great investment opportunity that will yield a very good return in the next 4 to 5 years as the rapid growth is coming to this area with the construction of a new road in the near future.
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Price including the Panama corporation.
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Cove #7 is at the end of the property. The line of the same is in the middle of this inlet and the whole lot is to the left. There is a small cove, #4, which has no beach, just a small ravine. The property begins with a small inlet with access to water.
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This property is perfect for an Eco Resort or to divide it among a group of people who are interested in building their own vacation home on a private beach. This price is a real bargain considering the amount of beach frontage and its natural beauty, the best sport fishing takes place here just 2 hours from Panama City.
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GPS coordinates: N 9 09.037 W 80 21.065N 9 09.037 W 80 21.065
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It is very rare for a property like this to have full title, so this is a special opportunity.
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You can learn more about the difference between ownership withtitle and right of possession HERE.