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Malibu Pacific Beachfront Property in Panama
Lots/Land For sale in Nueva Gorgona, Cocle, Panama
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Sale Price: $550,000.00 (Negotiable)
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I am offering a titled, 1000 square meter lot on Malibu Beach in Gorgona, close to Coronado, Panama’s most famous private getaway community. The property has an unblocked view of the Pacific, a 20 meter white sand beach, has been fully landscaped and fenced in the “Palm Beach” style, and has a new gazebo to compliment the design. The property also features an underground grass maintenance system with sprinklers, a buried 500-gallon tank with chlorine filters to keep the grass green year round. It is already connected to the city water system.
This land has a high appreciation potential since it is beachfront, it is private and secure and because Gorgona is the site of a major resort currently under development. The resort also increases resell/appreciation value later.
In Panama property titles are secure for foreigners (who have the same rights as nationals), the seller pays closing costs and American-style title insurance and mortgages are available. There are no property taxes paid on the building of a new home for 20 years. Sources like Fortune, the Wall Street Journal, Miami Herald, New York Times and London Times have established Panama as one of the best real estate and investment markets in the world today.
Very few beachfront parcels are available in the Gorgona area so contact me now.
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