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  • TEAK PLANTATION and MORE 44 hectares prime property

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    6881-3473
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    Costa Abajo, Chagres, Colon, Achiote, Chagres, Colón
    Type: Land
    Sale Price: $900,000.00
    44 hectares
    Beautiful ocean view property with rolling hills, bordered by 2 rivers that flow into the Atlantic Ocean, 11 years old teak and a water source. Panama most renown “Birding site”. Achiote is known for its “Magical Road” with more than 700 species of birds.

    Total land size and Legal status
    44HAS, 100% ownership clear titled land, registered in the Public Register of Panama under a Foundation with one beneficiary / owner.

    On a short distance to the main street going from Achiote to Pina and 5 min from the Caribbean Coast, 28Km after passing the Gatun Locks. On Costa Abajo, sector of Achiote, Chagres District, Colon Province, Panama.

    Perspective
    The existing teak plantation of 20 hectares will generate a return of investment between 1M and 1.2M by 2026. Knowing that Kingfishers Farm offers perfect conditions for Cacao cultivation, placing this in a marketing mix of combining Cacao, Teak, Adventure Playforest (for children) and Luxury Glamping, which generates a golden opportunity for a selected group of investors. The initial important infrastructure and increasing tourism will provide a consistent growth of the value of the land:
    New 4 lane bridge over the Panama Canal Gatun Lock nearly finished New International Airport and Cruise Ship Port of Colon.
    The recently announced extension of the Atlantic highway.
    The current president of Panama, Juan Carlos Varela declared that the opening of the Caribbean coast is his top priority.
    Total Investment, Duration 10 Years and Expected ROI
    1.1million investment, expected to be fully earned back within the 2 first years. A solid ROI of 15%.