Gatun Lake Front Property with Storage Area - $110,000

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Gatun Lake Front Property with Storage Area - $110,000

Available for sale in Gatun Lake, Costa Abajo of Colon approximately 2.5 hours from Panama City are 2.5 Hectares of lake front property with 120m of direct lake access, 350m of road front access on a naturally downward sloping property. Property benefits include access to municipal electrical and water, a fresh water irrigation system, and a 14x14 foot poured concrete roofed utility house / storage area. Planted with various fruit trees including: Mango, Noni, Cashew, Guanabana, Lime, Mandarin, Orange, Guava, Water Apples, Papaya, as well as an ornamental Palm nursery.

Several government projects including asphalt road improvements and regional hospital are underway which are expected to drop the travel time to the property to less than 1.5 hours by the 2013 completion date. Possibility for new owner to divide the property into (5) 1.25 acre lake side lots for private residence development and or an Eco-Tourism water focused complex. This property can purchased with a neighboring 1,600 lot with a 3 bedroom home listed here for a total of $273,000 for both properties.

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Additional Info

  • Status:: Active > For Sale
  • Property Type:: Land > Farm
  • ID#:: 1320
  • Price Per M2:: $4.40
  • Province:: Colon
  • Location:: Gatun Lake, Costa Abajo, Colon
  • Lot Size:: 2.5 Hectares / 6.1 Acres
  • Size:: N/A
  • Views:: Mountain & Sea Views
  • Bedrooms:: N/A
  • Bathrooms:: N/A
  • Parking:: 1
  • Rent Price:: N/A
  • Sale Price:: $110,000
Read 16063 times Last modified on Wednesday, 14 August 2013 17:56
Published in Lakefront
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