B/.1,200,000 Plot of land Arosemena

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B/.1,200,000

(USD 1,200,000)

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Plot of land
For Sale
Arosemena
Panama

250 acre titled teak farm. Only

90 acres planted with 5 yr old teak trees,forestry certificate and permit for cutting down up to 80% of forests for further reforestation. Rest consist of

tropical fruit trees and brush with 160 acres of forest. No zoning restrictions. At this point rural with mostly cattle ranching and

agriculture. Secluded yet near some villages and few neighbours. Spectacular view of Lake Gatun below, and faraway mountains

and valleys. Three small rivers and pure, fresh water spring. 5 to 10 min from Lake and 45 min. from Panama City. Cool

year round breeze, ab out 500 meters above sea level and lake, nearness to lake makes fishing and recreation available. Willing to sell

half with 50% financing at 6% interest with local bank. Willing to sell only teak planted area or combination of teak and

tropical trees, grassy areas and forest, etc.. We are willing to be flexible , please let us know what you would like. Great

returns short term for developing gated housing project. Also interesting for horse and cattle ranching, breeding wild species like

iguanas, deer, birds, etc...pineapple farming, plenty of water makes this farm have many possibilities.Another project in

area is bottling and exporting water.Also good for ecotourism or green development with planting of bamboo for construction or hiking trails and camping sites. Forests are full of wildlife. Much interest in the area due to nearness to Panama City and rising real estate prices

in the city itself. Price remains 3.75USD sq. meter.Total Price:One Million Two Hundred Thousand Dollars.

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