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Real Estate Lots For Sale

Location  Panama
Asking Price Range  $500K - $1.0M
Gross Revenues  $36000
Net Profit / Cash Flow  $30000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2010
Number of Employees  1 - 3
Inventory  1300000.-
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Reason for Sale  Retiring

Description  
Los Nances, is a well established lotification, 30 acres, situated in Chiriqui, 10 minutes from Boquete and 25 minutes from David. 1 km from the new David-Boquete highway. This area is up and coming, due to the new highway and the international airport in David. We are 1900 ft above sea level, with a climate cooler than David and warmer and drier than Boquete. Sea and mountain views from each of the 14 lots. Parks (2) and underground utilities and street lighting are in place. Each lot has a natural stone wall surround. In total, the site has 3.5 km of walls! Four houses have been sold. Los Nances is on flat land with excellent run off, with many local trees left in place and once the site is completed 90% will stay green. We have no rivers, therefore no flooding. We have no bugs as drainage is excellent. We are on a tarred secondary road where public transport runs all day. Each lot comes with a corporation. Asking price is $900,000.-. This is $10 m2 inclusive underground utilities, street lighting, pavements, wide roads and 3.5 km of walls. Neighbouring lots start at $18m2 (uncleared) without utilities. Contact for further details Tel: 507-64653235.


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