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Sale Price
$50,000
Total Area
9,712.45 m2

Description

Cebaco Island beach front 1 hectare (2.4 acres) of pristine water front property, on a sandy beach. 

Cebaco Island beach front 1 hectare (2.4 acres) of pristine water front property, on a sandy beach. 


This beach has course, semi gray sand with some small pebbles, and a calm protected deep water bay ideal for mooring boats, or building a small dock on pillars or a floating dock for boats. A solid rock point is on the corner of the property providing good protection from the chop created by strong North winds during Panama’s summer time from December to April. 


The property has a small concrete structure (with no roof) built on the base of the hill that could be finished and used. It has a steep hill near the beach front, and about 40-50 meters up the hill there is a flat area with panoramic ocean views, ideal for building a home. The property terraces up the side of the hill where there are additional flat areas for building. 


There is a small creek on the top of the property providing fresh natural spring water all year long. The property is covered in trees except a few areas that were cleared for building. 


The property is completely surrounded by natural virgin jungle, with amazing birds, iguanas, and lots of wildlife. There are no neighbors, no homes nearby, so this is a very quiet, peaceful place. 


The property is about 10 minutes boat ride to the nearest fishing village of Platanares where there are around 40 homes, there is a school, a small convenient store, and some lodging facilities. 


The property is accessed by boat from the nearby mainland villages of Santa Catalina (35 minutes), Hicaco (25 minutes),  Playa Reina (20 minutes), or Puerto Mutis in Santiago (45 minutes). 


The property status is currently Right of Possession that is in the process of titling at the National Lands Authority. The seller can sell it as is, in Right of Possession (and the buyer would complete the titling process in a few months) for $35,000. Otherwise, the seller can deliver the property fully titled within 3-6 months for $60,000, in which case the buyer would need to sign a promissory contract, put 50% down in escrow, and the balance of 50% would be paid at closing upon title transfer to the buyers name. The seller is flexible on payment terms and can also accept payment in either partial or all crypto currency (stable coins, BTC, ETH or any major highly liquid crypto). 


Don’t miss the opportunity to own a piece of paradise on Cebaco Island, one of Panama’s premier sport fishing locations, with many beautiful beaches, surrounding islands, and world class surf breaks.



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1109 days on market|121 views|Updated 11 Mar 2024

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Contact Info

Name Jon Hanna
License PN-3135

Posted By

Jon Hanna

Jon Hanna

License: PN-3135

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