Beautiful Teak Farm in Mountains of Panama - Panama Property For Sale Or Rent at BestRealEstatePlanet.com

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Property For Sale Or Rent: Beautiful Teak Farm in Mountains of Panama

Panama, Panama province, La Chorrera, Arosemena 0816-06603

Camino Real de Arosemena, La Chorrera, Panama, Republic of Panama (For mail use only post code and Pma. Rep. of Pma.)

Property for sale: 3,000,000.00 - 3.75 USD (Negotiable)

200 acre titled teak farm with forestry certification registry, tax exonerated, high above sea level, near Lake Gatún and Panama City.

200 acre titled teak farm. 100 acres teak with forestry certification, therefore tax exonerated. The farm has 100 acres of tropical fruit trees and primary forest with native species of trees. It consists of gentle rolling hills located high above sea level, with beautiful panoramic view of faraway mountains and valleys and Lake Gatún. Near Panama city with easy access to expressway and very near Lake with recreational possibilites. Three small uncontaminated rivers, and a freshwater spring 100% pure drinking water. Water as a resource also has interesting possibilities for returns, fish ponds, landscaping, bottling, etc..Near beaches on Pacific Coastand minutes away from La Chorrera,ffourth largest city in Panama. Fertile soil, particularly good for pineapples and tropical woods. Great returns for housing project due to increasing real estate prices within city. New road to be built Dec. 2007, at this point 17 km out of 21 are paved , acueduct and electricity very near, cheap to connect to farm. Cool breeze year long, near rural communities with peaceful people, cattle ranchers and farmers who lead traditional way of life. Some private housing projects for retirees from U.S. and other countries nearby. Price: 3.75 per square meter. Total Price: Three million USD. We are willing to sell half or less with 50% financing local bank in Panama. We are willing to negotiate content of hectares (80) whether only teak or combination of fruit trees, teak and forest. We are listed in Phone Book in Panama City.

Property Summary

Offered by		Owner
Construction Year		2000
Situation		Isolatea, peacefull
Quality		Habitable
Area		800000 sq. meters
Features		No home but fenced, with water source, and access to nearby towns, friendly neighbours.