COLON, PORTOBELO, PROPERTY FOR DEVELOPMENT IN MARIA CHIQUITA.

Portobelo, Colon Panama

Property located in the town of Maria Chiquita, district of Portobelo, on the Caribbean side of the province of Colon, Panama.

The land has:

• 15.82 hectares (38 acres). (They are more hectares adjacent to the property, that can be purchased as well to grow the development).
• Price of $15.00/m2 ($1.39/ft2).
• 800 meters (2624 feet) to the Caribbean beaches of Maria Chiquita).
• 225 meters (738 feet) to the town of Maria Chiquita.
• 600 meters away (1,968 feet) from the Bala Beach and Playa Escondida Project.
• The land is near the new road that will connect the Transistmica to the Caribbean highway (construction of the road will start from Quebrada Lopez).
• 5 stars Hotels Corporations are buying properties North of the Habitational Project.
• Property is located near Archeological, Historical, Ecological and Touristic sites, such as the Camino Real that crossed the Isthmus of Panama from the vicinity of Panama La Vieja to Portobelo (Customs).
• Land has a Pre-Approved project to make a neighborhood with a Permanent Transportation Terminal to get the people back and forth to the city of Colon and near cities plus connections to the city of Panama.
• Due to its strategic location and quality of life will be ideal to house the people working on the near beach projects.
• The Development has The "Okay" from the MIVI (Panamanian Ministry of Housing).
• With the increase of the Caribbean Port Activities, workers will have closed areas were to resided and the need it Transportation.
• 85% of the population of the area are descendants from the West Indies workers who came to built the Panama Canal.
• Great restaurants to enjoy the Afro-Antillean Cuisine.
• Just 25 minutes from the Caribbean city of Colon, capital of the province of Colon.
• Blueprints of the Housing Project and the Transport Terminal are available to buyers who express their firm Intention to Purchase.

The city of Colon, capital of the province of Colon, was known as Aspinwall is known for his Historical and Cultural center of the large Afro-Antillean population.

Colon houses the Second largest Duty Free Zone in the World.

The city of Colon has, Government offices, large Arabic, European and Chinese population, supermarkets, hotels, restaurants, Schools, Universities, Pharmacies, public and private transportations, police stations and it is the Second largest city of the country of Panama.