Location: Panama City Specific Area: Balboa Avenue Property Type: Existing…
Punta Chame, Panamá
Location: Pacific Beach
Specific Area: Punta Chame
Property Type: Land
Property Class: Commercial
Size: 2470 m²/ 26577 ft²
The 2 lots are 2,470 square meters with 64 meters of ocean frontage and approximately 50 meters of road frontage. Each lot has more than 30 meters of ocean front, and at least two houses and two guest houses can easily be built on the lots. It has great road appeal and could potentially be used for commercial purposes such as a restaurant, hotel, or condominiums.
From the beachfront lots, there are beautiful views of the bay and mountains located just off the mainland and it has its own private sandy beach.
There is currently electricity and water on the property, and the lot is great for boating and water sports. There is a cool breeze in the area year round; During the dry season the winds typically come from the north and during the rainy season the winds typically come in from the south.
Also on the property is a bohio with running water and a nice bar which is great for day trip!
The seller is asking ONLY $ 80.00 per m2 which is below the market price for beachfront lots in Punta Chame.
The main road of Punta Chame, which is the same road that passes by the lot, has recently been paved. Also, new projects have been recently announced in the area so the property values will continue to increase!!
Price from 296,400 (120 m2) to 197,500 (80 m2).