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815 Acres of Beachfront Land for Sale, Pedasi­, Azuero Peninsula, Los Santos, Panama

Los Santos, Panama

Property ID: 883

815 acres of beachfront land for sale in Panama situated in Pedasi on the tip of the Azuero Peninsula in the province of Los Santos.

Pedasi, Panama – Beachfront Land

Located in Pedasi on the the south-eastern tip of the Azuero Peninsula, this parcel of land for sale in Panama comprises rolling green hills which gently slope from the National Highway running between Las Tablas and Pedasi­ to a 1.4 km stretch of beachfront on Panama’s Pacific coast – fully titled all the way to the shoreline.

Views of Isla Iguana

With almost a km of road frontage and 1.4 km of beachfront enjoying world class views of the Pacific Ocean and Isla Iguana, the property would be ideal for mixed use development.

Lying just 4 miles off the coast, Isla Iguana is a wildlife sanctuary with pristine white sand beaches and colorful coral reefs. The charming town of Pedasi­, which is renowned for its beaches and surfing, is under 5 minutes away on a paved road.

Eligible forTax Breaks

This parcel of land includes 3km of all-weather interior roads providing easy access to the beach, beautiful teak fencing, fresh water ponds, rancho, workers accommodation and, located in the Arco Seco Special Tourism Zone, is eligible for various tax breaks.

The property is held in an unencumbered Panamanian corporation. Extensive documentation, legal certifications and maps are available and include title, topographic map, marina area study, bathymetric study and a conceptual multi-use zoning plan.

A guide to Panama

  • Average asking price $1,006,384
  • % + or - average property price -80%
  • Property price range $94,900 - $6,500,000

Reasons to invest in Panama

  • Good value but rapidly growing real estate market.
  • Attractive retirement program offering duty-free imports and a wide range of discounts on healthcare and utilities.
  • One of the fastest growing economies in Latin America.