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Great business opportunity: Ocean front plots on an island in Panama

USD 299,090

Business opportunity (For sale)

lot 303,618 sqft
Reference: DEFN-T444 / id-p0549
Cebaco Island, a beautiful and unique destination located in Panama.
9 ocean front plots of land.
Prices from 275.000 USD up to 3.000.000 USD
Plots size from 28.207 sqm up to 219.000 sqm.
And another massive plot ( 10) with 53 hectares P.O.A.
This Island is accessible by boat or by flying into the nearby city of David and taking a ferry.
Investing in a hotel on the Island could be a lucrative opportunity.
As it has a enormous potential as a world class eco-tourist destination.On the property there is an airstrip of more than 400 meters with grass used by one of the former owners where you can land planes of 6 to 12 passengers type islanders, kodiak, Twin otter.
The advantage of possessory rights is that they pay no property tax whereas titled land pays between .75% and 1.75% depending on the value.
Please do not hesitate contacting me for further information about Cebaco Island.
View more View less Cebaco Island, a beautiful and unique destination located in Panama.
9 ocean front plots of land.
Prices from 275.000 USD up to 3.000.000 USD
Plots size from 28.207 sqm up to 219.000 sqm.
And another massive plot ( 10) with 53 hectares P.O.A.
This Island is accessible by boat or by flying into the nearby city of David and taking a ferry.
Investing in a hotel on the Island could be a lucrative opportunity.
As it has a enormous potential as a world class eco-tourist destination.On the property there is an airstrip of more than 400 meters with grass used by one of the former owners where you can land planes of 6 to 12 passengers type islanders, kodiak, Twin otter.
The advantage of possessory rights is that they pay no property tax whereas titled land pays between .75% and 1.75% depending on the value.
Please do not hesitate contacting me for further information about Cebaco Island.
Reference: DEFN-T444
Country: ES
City: Marbella
Category: Commercial
Listing type: For sale
Property type: Business opportunity
Property subtype: Bar, Hotel, Restaurant
Lot size: 303,618 sqft

SALE PRICE PER SQFT IN MARBELLA

Average sale price per sqft
Oct 2023
3 months
1 year
House
USD 631
+1.1%
+13.7%
Apartment
USD 632
+7.7%
+28.5%

AVERAGE HOME VALUES IN MARBELLA

REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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