| Sell Price: |
|
45000 |
| Location: |
|
Playa Tortuga Chiriqui
Panama |
| Property Type: |
|
Beach Property |
| Property Details: |
|
Great Price On A Pacific Coastal Community Lot!
Due to increase cost in construction materials the offer of 25K is no longer available. Playa Tortuga Chiriqui is a fully legal and approved residential project in Baru-Chiriqui, Republic of Panama by the following ANAM, MIVI, MOP, IDAAN, Ministry of Health, Catastro. So, what does all that mean? Simple…It protects YOU by holding us, the developer, accountable for implementing the requirements of the pervious institutions which govern such projects in the Republic of Panama.
In Panama, there are many, many projects that are being constructed. Some are legal and some are not. What seperates the legal from the non-legal projects are the seals and approvals of the bodies which regulate the projects. Only A Legal Project Is Allowed To Segregate Lots For Title. Lot Segregation and the titling of a lot will never happen with a project that is NOT LEGAL . We will be happy to show you (In Person, Scheduled Appointment) all of our approvals and seals, which allows us to develop a residential project. It is for this reason that we can make the statement that we are the ONLY APPROVED Pacific Coastal Residential Project in Baru, Chiriqui. Another factor in the approval process was the fact that our location is outside of the 10 kilometers of the border.
We are offering one 1000M2 lot that is located within a two minute walk to the seclude beach of the Playa Tortuga Chiriqui. The lot has lake (under construction) view while offering private access to the beach. The lot is situated on hard ground with no flooding issues due to Engineered Terrain Design. The lot is conformed and is ready to build on. There is water and roads to the lot with power being implemented. The lot is located near the current construction of some of our Townhome Units. From these lots you can hear the Pacific Ocean and feel the wonderful breeze coming off of the ocean. You are a very short walk to the large open Ocean Park and the beach.
Some Key Points
- Legal Project, Can't State That Enough!!!
- Playa Tortuga Chiriqui is located 10 minutes away from a 100 bed 24 hour emergency care hospital. Unlike other locations where it takes hours to get to a hospital.
- The roads to Playa Tortuga Chiriqui are paved with the exception of the last 1 kilometer which is hard packed gravel. The road to Playa Tortuga Chiriqui does not washout in the rainy season like other locations.
- Playa Tortuga Chiriqui is the ONLY approved Pacific Coastal Development in Baru-Chiriqui.
- Titled, NOT ROP In the real estate environment that is Panama today, buying ROP in coastal areas is a BIG RISK. You have no way of knowing what other parties also make claim to the property you are interested in. For example we know for fact that many, if not all of the the community next to Playa Tortuga Chiriqui, the residents back 4 years ago signed blank-open documents with more than three different lawyers. This is happening all over Panama with properties being sold three or four different times to different buyers. TALK ABOUT A NIGHTMARE!
- Large Ocean Park Area For All Property Owners To Enjoy.
- Only 20 to 30 Minutes Away From The Border Crossing To Costa Rica.
- One Hour Drive To David.
- Local Working Airport.
- Gas Stations 10 minutes Away. Other Pacific locations the gas stations are few and far between.
- Great Water Sports Available.
- Great Weather.
- Seclude, Private Access, With A Self-Contained Seaside Community Concept.
- New Infrastructure with outstanding water pressure.
- New Home Construction is priced at what they are selling wooden homes (cia.1930s) in Las Palmas in Puerto Armuelles.
The weather at Playa Tortuga Chiriqui has been described by one property owner is being like Maui in the Hawaiian Islands. We get a fresh side-onshore ocean breeze that kicks in everyday at 25-30 kph. We also do not experience the rains that the Caribbean side of Panama gets or the rains that the Highlands of Chiriqui receive. Because of the side-onshore breeze it will be clear and sunny at Playa Tortuga Chiriqui while rainy and cloudy elsewhere in the area. Many people that live in Chiriqui try to compare the weather in the our area hotter than that in David. This is not the case because of the proximity of the our area in relationship to the Pacific Ocean and the corresponding sea-breeze.
It is for this reason that several property owners (Homes Currently Under Construction or Planning Construction) from Volcan and Boquete come to our large Ocean Park to have a Pacific Ocean side picnic and enjoy the wonderful atmosphere and weather.
This is YOUR OPPORTUNITY to own a fully TITLED Lot without any legal hassles.
Give us a call or email to make an appointment, and come see what we can make happen for you. Property Shown By Appointment Only.
The location of Playa Tortuga Chiriqui in relationship to the 10 kilometers border zone ( Article 121, revised by Law #2) location of the property is Certified by the Institution of Geography in Panama City.
Playa Tortuga Chiriqui is located across the bay from Punta Burica and is outside of the 10 kilometer border zone by approx. 13.8 kilometers or approx. 3.8 kilometers from the 10K border point (Our Location Implemented) which is located at the first bridge coming into the City of Puerto Armuelles. Playa Tortuga Chiriqui is NOT located on the Peninsula of Punta Burica which lies well within the 10 kilometers of the border. Playa Tortuga Chiriqui is not within the City Limits of Puerto Armuelles which also lies within the 10 kilometers of the border. By being outside of the 10 kilometers of the border the legal status of ownership of property is never a question. Despitie what some people are claiming, All properties in the City of Puerto Armuelles are in the 10 Kilometers of the border. That means that Article 121 and the revision to Article 121 by Law 2 applies. Basically, using the game of porker as an example, a pair of 3’s do not beat a pair of kings. There is no special exception or special conditions that apply. If stated otherwise, it is FRUAD or simply put, someone is telling you a BIG LIE. Beware of Non-Licensed Real Estate Brokers with properties listed in the City of Puerto Armuelles or out on Punta Burica. Article 121 of the tax code and the revision made to Article 121 of the Tax Code by Law #2. Article 38. Article 121 of the Tax Code shall read as follows: Article 121. No foreign natural or legal person and no national legal person of foreign capital, whether partial or total, may acquire land from the State or private persons, which are situated less than ten kilometers (10KM) from the borders. However, the rights acquired upon the entry into effect of the Constitution shall be respected, but the corresponding assets may be expropriated at any time, with the payment of an adequate indemnification. By being located outside of the 10 kilometers your investment will not run into any legal issues of that of being inside of the 10 kilometer border zone.
|
| Web Site: |
|
http://playatortugachiriqui.com |
| Date Published: |
|
13-Jun-2008 |
| Date Updated: |
|
07-Jul-2008 |
|

Click to enlarge
scroll down for
more images..
|
RIC
Contact now
Phone: (507) 770-9258
(In Panama)
Phone: 507-6632-0068
(Cell Phone in Panama)
|
|
Not what you are
looking for?
More Properties In
Chiriqui
More Properties In
Panama
More Properties In
Central America
More Beach Properties
All Properties
|