75 acres of Organic Farmland in Rep.of Panama Ready for Development into a Tropical Organic Farm/Ecological Community
- Land + Real Estate
- Nanzal, Panama Oeste, Panama
Originally purchased for an ecological village project this 300,000 m2 +/- (75 Ac.) farm is located near the beaches of Coronado, and only 1-1/2 hrs. from Panama City, just 6 km off the Bejuco – Sora Highway. At 450m +/- (1,450 ft.) the cool, fresh breezes average 60’s – 80’s degree year round temperatures with breathtaking views in all directions. The property is accessed by both a 6 km improved all-weather road, and a paved road to approximately 2 km from the property. Electrical service poles are in place with service scheduled to be activated in 2019. The property has an abundance of water in the form of springs, creeks, and an in-situ community water system in addition to the 48″ annual rainfall. The rich volcanic soil has not been treated with chemical fertilizers, pesticides, or herbicides for more than 15 years, and is ideal for raising a wide variety of organically grown fruits and vegetables, organically fed livestock, or development as a private estate, mountain retreat center, or residential community. Recent price reduction to $399,000 is below competitive neighboring properties. Partial owner financing may be available to well qualified purchasers.