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Beachfront land for sale
Status:
Sold
Prop. Type:
Residential
MLS® Num:
LAS TABLAS OCEANFRONT

This 4.69 hectares (11.6 acres) property near Las Tablas has 288 meters of ocean frontage and the perfect topography to develop or build your own private paradise.

Starting from a private beach (to which there is no other access by vehicles) of golden sand, the property rises to a hill on the back of the property for a commanding view in all directions. This hill is not very steep so developing it would be no problem. Plus, all lots would have both an oceanfront and mountain view!

This property has preliminary approval for a subdivision so that lots can be sold now - legally. This subdivision plan can be changed to accommodate whatever lot size and lot design that you want To see a copy of the subdivision plan, click here!

We have approval for C2 (medium density) and R1 for ALL lots. This means that you can build commercial OR residential units on any of these lots - from a private home to a restaurant, B&B or condos.

Presently, no other project in this area has been approved for commercial AND residential development in the same subdivision plan.

Applying for R1 approval is fairly straightforward but it restricts the buyer to residential development only. It is a very involved and expensive process to change a residential (R1 zoned) lot to commercial lot.

With a new well, good access and electricity lines less than a mile away, this TITLED property is a bargain at $1,200,000.

Price:
$1,200,000
Property Type:
Residential
Home Style:
Land Only
Lot Size:
11.589 acre(s)
MLS® Num:
Las Tablas Oceanfront
Status:
Sold
Las Tablas:
Las Tables is the capital of Los Santos and a quaint little town on the eastern pacific coast of Panama`s Azuero Peninsula. It is a top destination for bargain beachfront property in Panama and a popular choice for foreigners planning on retiring. Panama is an idea country to live in. It is situated on the isthmus connecting North and South America and is bordered by Costa Rica to the west, Columbia to the southeast and the Caribbean to the north and the pacific ocean to the south. Panama is made up of many micro climates. The Azuero Peninsula is the driest micro climate in Panama and the beach areas are even dryer making them an idea destination for people that suffer from arthritis. There is always a breeze so along with low humidity, it feels fresh. Temperatures at the beach are around 24C during the night and 32C during the day. The weather inland is comfortable year round with temperatures ranging between 20C to 30C. There are no hurricanes in Panama. There are also great incentives for living in and investing in Panama. There is a tax exemption on new construction as well as 20 to 50%discounts on travel, entertainment, restaurants and more for retirees and investors. With a warm and friendly culture, great weather, a stable government, low cost of living and well developed infrastructure, this is truly is a great place to live.
  • Photo 1: Oceanfront land for sale in Las Tablas
    Beachfront land for sale
  • Photo 2: Oceanfront land for sale in Las Tablas
    Beachfront Las Tablas
  • Photo 3: Oceanfront land for sale in Las Tablas
    Beachfront Las Tablas
  • Photo 4: Oceanfront land for sale in Las Tablas
    Beachfront Las Tablas
  • Photo 5: Oceanfront land for sale in Las Tablas
    Beachfront Las Tablas
  • Photo 6: Oceanfront land for sale in Las Tablas
    Beachfront Las Tablas
  • Photo 7: Oceanfront land for sale in Las Tablas
    Beachfront Las Tablas
  • Photo 8: Oceanfront land for sale in Las Tablas
    Beachfront Las Tablas
  • Photo 9: Oceanfront land for sale in Las Tablas
    Beachfront Las Tablas
  • Photo 10: Oceanfront land for sale in Las Tablas
    Beachfront Las Tablas
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Listing information last updated on January 29, 2015 at 12:16 PM (UTC)
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