White Sand Beachfront in Panama w/ House – $180,000 – Owner Financing
450 square meters (4500 Square foot) beach front property in Veraguas PANAMA, with 15 meters (50 feet) of beach frontage and 15 meters (50 feet) of road frontage. Lot is 30 meters (100 feet) long.
The house is on the second floor of our 2 story building. It is a 2 br 1 bath house of 100 sq meters (11 meters by 9 meters) or 1000 square foot house (35 feet by 28 feet) You have the option to build the existing first floor and this way you double the size of the 2 story house. You own the whole house and the beachfront lot.
House has water/ sewage. Water bill is about $2 per month, because it is subsidized by the government.
The electricity is by solar power so you do not have an electric bill.
You also have the option of using the electric generator that is also included.
Very low. Less than $100 per year.
Not Required by the state. It is optional. Cost can be around $1200 per year.
It is located on the pacific coast of Panama in the province of Veraguas. Situated at the foot of jungle clad, mountains and at the head of a protected deep water bay and lined with golden sand beaches.
The property provides the easiest and closest access by far to the crown jewel of Panama’s national parks system, the Coiba National Park World, UNESCO World Heritage Site. Coiba, famous for its wild, spectacular beauty, extensive un-disturbed tropical rain forests, islands, beaches, unique marine and terrestrial flora and fauna and intact eco-systems, Add to this, some of the best inshore and offshore sports fishing, surfing and adventure scuba diving in the world!!
The property can be accessed via road from The Panama International airport in 5 hours or from Santiago, Veraguas in 2.5 hours.
From David, Chiriqui in 3.5 hours.
The property has cashew (peanut) trees, mangos, and palm trees
The area is attracting the interest of private investors, looking for properties, residences and business opportunities. The location has an enormous potential of becoming a tourism destination in its own right and undisputable gateway to the Coiba National Park.
Several other coastal communities in the area are already advancing in infrastructure and businesses supplying access to Coiba. These communities are at least 2 hours travel by boat from Coiba; It is a 25 minutes via boat to the heart of the park. The property lends itself for development of a small Hotel/ Cabanas, Dive Center, Sports Fishing or Surfing lodge or a private residential development.
At this time there is a growing amount of local and international visitors and tourism.
HOW TO VISIT.
We can arrange your trip and take you to the property and back. We can pick you up at the International airport in Panama or in Panama city or in Santiago, Veraguas.
Available for Rent in VRBO and CRAIGSLIST among others
Owner financing is available. Down payment of $80,000 is required.
Remaining debt of $100,000 can be paid by affordable monthly payments.
To pay in 4 years at 5% interest that results in 60 payments of $2302.
To pay in 8 years at 8% interest that results in 96 payments of $1363.
There is a public telephone booth in Pixvae operated by CABLE AND WIRELESS. You can drive a little bit on a higher area and you get regular cell phone communication.
There is free Internet WI-FI connection in the town.
COIBA NATIONAL PARK
Mobile/ Chat ++ 507 6899 8158
Several Americans Canadians and Europeans already have bought beachfront properties in the area.
Hope we talk soon and we will be glad to see you here soon.
PS. We can also show you around and get you to Coiba National Park if you decide to visit.