Tropisphere Real Estate
8836-1238 8359-8909
2642-0345 8844-4726
Santa Teresa - Cóbano
sales@tropisphere.com
Location:
Santa Teresa
Price:
$3 Million
Size:
1.96 Ha
Ref#:
8-95
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Las Palmeras Beachfront
This in one of the very best properties in the area. It's a very large beachfront property right by the point
break, with beautiful white sand beaches in front. The property has a small rustic house with a well that has
water until March, used for irrigation, and a stream that meanders through part of it.
11852m2 is in the Maritime Zone, and already has its concession. The remainder is 7716m2 of IDA land, due to
be released by March. The owner will take 10% down, with the rest due in 3-6 months when the IDA part becomes
titled and is released.
Much of the land is protection zone, but there is 3137m2 section towards the beach which is zoned for multiple
units. Up to 5-6 houses can be built and sold as a high end residential development, with 500m2+ of land for
each house.
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