DEVELOPMENT LAND - LAND IN PANAMA FROM 38 215 076 💷 GBP

Location:
PANAMA
Category:
LAND FOR SALE
Type:
Development Land
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# 18625663 - £38,215,076 - Development Land, Corregimiento Buena Vista, Colon, Panama
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Important quantities of limestone for its commercial exploitation: 30000000 cubic meters approx. Thousands of Teak Trees for commercialization. Strategic location: 30 minutes from ports in the Pacific and the Caribbean; near the Colon Free Zone.

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№: 18625663

Development Land for sale in Corregimiento Buena Vista

£38,215,076

Corregimiento Buena Vista, Colon, Panama

Listed By: Private Seller on 06.06.2015
View all available Development Land in Panama from 38 215 076 💷 GBP on TheMoveChannel.com.

Panama is a land of stunning beaches, heavy development and an exceptionally high standard of living. Growth in Panama has been enormous in terms of both international property investment and the strength of the property market as a whole, though at the same time property values have been relatively flat for some time. Large-scale developments are sprouting up all over the country in some of Panama’s more prestigious regions and all are earning the attention of foreign investors. Buying restrictions are minor and cover only the 🏝 islands and any areas within 10km of Panama’s borders – the rest of the country is fully open to foreign buyers. Taxes are high but buying costs are low, so on the whole things balance out to a genuinely appealing investment prospect.

Development land has the potential for developing real estate on a larger scale than an individual building plot. Planning permission may already be in place for a project, such as a resort, a community of residential properties or commercial real estate, or the land may require further investment and promotion in order to start development.

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