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Home > Panama > Commercial for sale in Penonome, Cocle, Panama
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Reasonably Priced Panamanian Commercial For Purchase - Ref 1283476

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Commercial Description

63 HA comprised of 2 farms located adjacently. The farms are being sold together. The farms are located at an altitude of roughly 400 meters and enjoy a cool climate with highs in the high 80's and lows in the low 70's. Road to Tulu has been approved and budgeted for asphalting and bringing in electricity. This asphalted road will pass just 2 km from the entrance of the properties. These properties are located very near Llano Grande which is the entrance to a road being constructed to the Caribbean coast of Panama. The driving distance from the properties is roughly 30 minutes from Penonome, the capital city of the Province of Cocle, where one can find such amenities as Hospitals, shopping, hotels, and restaurants. The property is accessible by 4x4, and there are 2 km of dirt road to the property that are in need of repair. Farm 1:* 8 HA (19.76 Acres)* Borders river with 2 waterfalls and has a small waterfall in a separate creekFarm 2:* 55.74 HA (137.7 Acres)* Also Borders river with section that has 2 falls. Also has various creeks and springsThe farms are titled, and have an asking price of 3000 USD per HA which breaks down to approximately 30 cents per m2.In Addition to Farms 1 and 2 there is an additional farm available for sale which perfectly complements the other two farms. Farm 3* 31.54HA (77.93 acres) at $0.30 per square meter* Borders river and has a set of falls between the Farm 2 and Farm 3* $94,620.00 for Farm 3In the gallery there is a graphic that explains the geographic relation between the farms. All three farms border each other and have a river flowing in front of them. Within the borders between each property are several sets of waterfalls and streams with small drop offs tucked within tropical foliage.The Package Price for all three farms is $284,000.00

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Approximate price of this 0-Bed Commercial
€150,646 EUR | 
£120,562 GBP | 
US$189,000 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 1283476 
Town Penonome 
Province Cocle 
Country Panama  
Type Commercial
Category Re-Sale  
Listed 108 days ago
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Map of Penonome, Cocle, Panama


Real Estate Agent Listing this Property

Agent Theinternationalrealty.com
Listing Since 21 October 2008
Property Listings View all properties from this agent


Rent Your Holiday Property
Price: US$189,000

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Purchase this Commercial in Penonome for

US$265p/m

(50% LTV, 7% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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