$160,000 - Land
Located in Rio Mar on a cul de sac, this large lot measures 1,698 m2. Rio Mar is part of the District of San Carlos and is approximately one hour’s drive (95 km) west of Panama City.
Because of its location, there is access to all services such as water, electricity, cable and the internet. Construction of a well for providing an adequate water supply during the dry season is also feasible.
This lot is nestled in a quaint residential area close to the ocean. The area is also home to a number of new real estate developments which, in turn, will increase its value.
The size of the lot can support a house with many amenities or can be subdivided for resale purposes.
It’s location, size, proximity to the ocean and the numerous amenities in the area offers tremendous potential for urban development!