Property Size: 484 Hectares or approximately 1200 acres
All for less than 30 cents per square foot or $3 per m2 ($1,452,000)
Situated on the west-facing Pacific coastline of the Azuero Peninsula, approximately 40 miles south of Santiago, Panama, the property is accessible via a newly paved highway. Electrical lines provide power to most of the property extending down to the water. Interior roads provide access to all the tracts and are in the process of being improved. The property has gently sloping terrain reaching heights of over 650 feet offering spectacular west facing sunset views of the Pacific Ocean.
The property has abundant sources of water and even a private runway that is 5,000 feet long and can be expanded in the future. Air Panama has indicated an interest in opening domestic flights to this airstrip, as soon as demand justifies. In the meantime it would be long enough to accommodate private and charter flights, including private jet aircraft, providing endless possibilities for convenient access from anywhere in Panama and abroad.
The ocean views are incredible and must be seen to be appreciated. The oceanfront tracts may be more suitable for large estate homes as being currently developed adjacent to the property.
The aerial photo is looking back at the large pads and this section of the property has 1800 feet of water frontage. There are numerous pads for large estate homes already cut in off the roads with power to the property. In addition there is a large pad on the top of a hill above a beautiful beach that may be suitable for a hotel.
Next door to Playa Quebro is a newly planned private, gated, residential community on 750 acres and lot sales have already started. Los Islotes is planned to be a world-class master planned community that will include a Spanish colonial style town with shops, restaurants, apartments and a high-end boutique hotel.
The property is also a short boat ride to Isla De Coiba, a UNESCO World Heritage site. Totaling 650,000 acres, Coiba is one of the most extensive marine parks in the world, and its nearby deep waters attract diving and sport fishing enthusiast from around the world. The crystal clear waters offer divers one of the most spectacular underwater playgrounds in the world.
When this area of Panama is truly discovered for all of its beauty, Playa Quebro is destined to become a world-class resort and residential development centered around a golf course and marina. Plans envision at least one boutique hotel, a Five Star international resort, high-end condominiums and low-density single family. Other amenities would include hiking, horseback riding, biking, equestrian facilities and boating or just enjoying a fine dinner and drinks looking out over the ocean at another spectacular sunset!
