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PANAMA, Colon

Finca Achiote 88 Hectares

Property Style, Type or Category: Land | This is a 'For Sale' type property

Listing ID# 9808177
Achiote, Colon

Bedrooms: N/A
Bathrooms:
N/A

Price $660,000 USD Currency Popup   

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PROPERTY DETAILS

FINCA ACHIOTE

Location :  Achiote , Colon Province, Costa Abajo, Panama 

Ownership structure:  SA Panama

Price: US$ 660.000,00 = US$ 0,75/ m² 

88 hectares of titled ocean view land with 300 meters of secondary road frontage, electricity, 

water, teak, cattle, year round rivers, wells and strategic location between the Canal and 

Caribbean coasts of Panama and the National Park of San Lorenzo. The Finca/land is 

located  only 900 meters from the principal road and is accessible by secondary road. 

Finca Achiote is a prime developable tract suitable to a wide variety of end users. The 

topography is ideal for a boutique development, golf course, eco tourism or retreat 

destination.(Retreaters do have between 30% and 50% discount  in  hotel and restaurantt) 

Roughly 60% of the land is useable, cleaned and ready for development. 30 hectares are 

planted with teak, of wich 10 hectares are mature and ready to be harvested for immediate 

income generation. Potential investors could secure a reforestation investment visa through 

the property. Intermittent cash-flow is currently generated from the rental of the pasture to 

Achiote is minutes from the locks on the Carribean side of the Panama Canal. Lago Gatun 

and the Caribbean ocean located within a few minutes drives from the property. The region is 

world famous for bird watching and is know to be home to some 700 unique species. In 

general there is tremendous tourism traffic as a result of its proximity to San Lorenzo 

National Park, the beaches of the Caribbean and the shores of Lake Gatun. 

The recent opening of the Royal Caribbean Cruise line terminal in Colon, and the 

government’s published commitment to improve roads and other infrastructure in the area , 

such as the most modern bridge in Central America (at  the last lock), has resulted in an 

increase of investment activity and tourist traffic throughout the region. Furthermore the 

property is located only 10 minutes from the Colon Free trade zone, the second largest free 

trade zone in the world.  The new democratic government is concentrating on the 

development of this extremely  important economic area.



Price: $660,000 USD Currency Popup

Location:
Costa Abajo
Achiote, Colon  PANAMA 

 
View All Properties Listed By Hedwig Wilson
             This property has been viewed 475 times.

Type Land,   For Sale

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