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1500 Hectares on Isla del Rey

  • Location: Panama > Prov. Panamá > Playas e Islas > islas de las Perlas
  • Date Added: 07/17/2008
1500 Hectares on Isla del Rey
 

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Contact Informations
Advertiser Type:
Agente
Company:
CB Richard Ellis
Realtor Licence N°:
12
Address:
CALLE 50, EDIF,CREDICORP, OFICINA, 502
City:
Panama
Contact Person
Joaquin Franco
Phone:
210 1675
Celular:
210 1675
E-mail:
Contact seller by phone
Skype Name:
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URL:
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Property Informations

1500 Hectares on Isla del Rey
Price:
67,500,000.00
Lot Size:
1500 hectáreas
Benefits:
Ocean View, Mountain View, Ocean Waterfront
Benefits:
Ocean View, Mountain View, Ocean Waterfront
m2:  = sq. ft  
ha:    = acres  
Property Description:

The property is located 50 miles south of Panama City, just 25 minutes by air, in the Las Perlas Archipelago, known for its crystalline blue waters.
The site features 1,500 hectares (3,707 acres) of land, one of the largest extensions on Isla del Rey, with exuberant tropical vegetation and abundant fresh water and rich soil. The island offers an incredible aquatic and marine life where fishing records for Marlin, Tuna, Wahoo and Sailfish have been broken
Development of Phase 1
Phase 1 includes: Marina, Marina Village, Beach Club, residential lots, 100 units of Condo Hotel, 80 units of Boutique Hotel and landing strip. The infrastructure of the development includes telephone, internet, television and household water.
The Marina Village will be developed with a Spanish colonial design, including commercial locales, restaurants and common areas.
The condominiums will be constructed with 3 and 4 levels.
Phase II is planned to be located to the west of the Phase I plots. In this phase the development will be focused on more private plots and villas. Approximately 400 plots have been anticipated for this Phase. In addition to the villas, an 18 hole championship golf course is planned with golf club house, tennis courts, restaurant and lounge. A retail area plot is planned for grocery store and general goods.
Phase III is further west on the property with approximately 400 plots for Estate Villas
The Beach Club House
A 1300 square meter Beach Club House will be located in front of beach shared by the Beach Club Villas. A lap pool and recreation swimming pool with ample deck area will be emplaced with natural tropical beach setting along side the Beach Clubhouse. The Clubhouse will contain among others a restaurant, bar, spa facilities, a fitness room and a multifunctional area.
The Beach Club villas will be accessed by paved streets and paths leading to the main roadway system located above the Beach Club Village. Turning right on this road will bring you to the Marina Village and Marina. The Marina Village will be of Spanish colonial design with central retail area, restaurant, bars and commons areas with 153 condominium units located on the perimeter of this unique village design.
A total of 56 Beach Club Villas will be located in front of one of the larger beaches with panoramic views of the bay area and marina. These villas will rest within the tropical landscape following the sloping terrain to ensure every villa having a view to the bay.
. SALES PRICE: $67,500,000.00 / 4.50 USD/SQM

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