Lot #21 Coco Beach, Puerto Armuelles

Offered at a fraction of its original purchase price, this oceanfront property in the desirable Coco Beach community of Puerto Armuelles presents a rare chance to own beachfront land in Panama at exceptional value. With 2,485 square meters of titled land fronting a beautiful sandy beach, this is an ideal setting for your dream coastal retreat, investment project, or vacation home. Due to health reasons, the current owner no longer resides in Panama and has instructed House Hunters Panama to facilitate a prompt sale. As a result, this property is priced to move—currently listed at approximately half of what the owner originally paid. While the lot has not been recently maintained and is currently overgrown with brush, the potential is undeniable. A simple cleanup will reveal the full beauty of this prime coastal parcel, nestled in a peaceful beachfront setting. Coco Beach is a private, gated community located just 20 minutes north of downtown Puerto Armuelles. The town offers all necessary amenities, including grocery and department stores, restaurants, hotels, banks, and a brand-new modern hospital. Coco Beach itself is a rapidly growing community, with about 15 homes already built and several more under construction. Most of the lots in Phase I have been sold, primarily to international buyers seeking a tranquil seaside lifestyle.