If you are looking for a super bargain on a beach front lot on a white sand beach close to Panama City, this is your opportunity!

Unique Panama beach front lot, 900 m2 (approximately 9,450 sqare feet), with aproximately 30 linear meters (about 100 linear feet) of white sand beach front. This Panama beach front property is located just 4 lots down from the Punta Chame Hotel, facing the Punta Chame Bay, with spectacular ocean views, and beautiful views of John Wayne Island. There is good road access and public utilities available.

The reason this beach front property is such a bargain, is because it requires a land fill, which is estimated to cost between $10,000 to $15,000. The seller has a quote from a contractor, and the building permit ready to start.

The property is currently held in the name of a Panamanian citizen, and pays very low property taxes. With this low price and great location, you cannot go wrong as Panama beach front property is in high demand, and they are not going to make any more white sand beach front in the Republic of Panama, especially this close to Panama City.

Punta Chame is a beach town located just 1 hour and 20 minutes from Panama City. Punta Chame has lots of potential growth, with a new asphalt road currently under way, and several high end beach resorts and marinas in the works. Unlike most beaches on the Pacific coast of Panama that have black sand (or mixed black / white sand), Punta Chame has extraordinarily white sand. Punta Chame is famous for wind surfing, kite boarding, and water activities, as well as the John Wayne Island just minutes away. With over 4 kilometers of white sand beach, Punta Chame is perfect for long walks, beach activities, or just gazing out at the beautiful sunsets with your loved ones. This is a great lot to buy for building a retirement home, or as a land banking investment. With so many banks folding all over the world these days, and the US dollar losing value to rising inflation, this could be the perfect Panama beach front land investment to safe-guard your money.