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Terreno Costa Caribe - Achiote / Colón
US $741,000
Property features
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  • QC Approved Listing
Property description
38 hectares of prime undeveloped land, located in Achiote, near the Caribbean coast, in Colon. The property has beautiful well maintained hills, a river that surrounds the farm with spring water, plantation of 12 years old teak in a big part of the land and magnificent sea view. The property is located after the third lock "Agua Clara", passing the new 600 m bridge over the Canal, 5 km from the Caribbean coast and very close to the town of Achiote. Among the advantages of this land is the 25 km distance from the Colon Free Zone, next to the 4 container ports and 2 cruise ports, near the Colon International Airport and 15 minutes from the Sherman Shelter Bay Yacht Club. The property offers great opportunities for the development of real estate projects or hotels; thanks to the expansion of the Colon Free Zone and the new container port, it is estimated a significant foreign investment, especially from the Republic of China, which would lead to the need of closed neighborhoods in the sector. The property is located near the city of Colon, a region that has developed an important economic activity thanks to the Free Zone, being the 2nd in the world. The expansion of the port of Colón and the construction of two ports for Cruises, it is estimated that one million passengers a year are welcome. On the other hand, the coast of the Caribbean Sea offers to develop endless investment opportunities, due to its ecological diversity, at this time the Yacht Club and Achiote are the best birdwatching centers in Central America, also full of beautiful beaches, spectacular natural landscapes and wildlife. Definitely the possibilities of development in these 38 hectares are very diverse, with the construction of the 3rd bridge over the canal opens a door to investment in this beautiful region of Panama that had not been developed in the past, the investment of this bridge demonstrates the intention to continue investing and developing much more the Caribbean Coast.

Colon Las Tablitas - Achiote, Panama City, Panamá, Panama
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