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Details from Noriegas Beach House

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Features

Code: MEFNBH

Location: Pacific Coast

Category: Land for investment

Price: $ 3,500,000.00

Size:

10.00 hectares

Description:

PROPERTY FOR GOVERNMENT AUCTION

General Manuel Antonio Noriega, ex Strong Man Beach House in Farallon, Playa Blanca

10 hectares with 40 meters of BEACHFRONT
Farallon, Playa Blanca Tourist HOT BEACH Resort Area
On Pacific Coast, next to Decameron Beach Resorts , Playa Blanca and Nikki Beach
90 minutes from Panama City & Intl Airport
ALL Utilities Included: Light, Water, Sewage,

All Utilities Ready
Three Properties fincas sold together to one Bid winner
Excellent Investment for BEACH RESORT HOTEL Multi-Million DEVELOPMENT Project

Government Bid starts at: $3.5 million

Ammenities:

Sailing

Surfing

Fishing

Bodyboarding

Swimming

Snorkeling

Scubadiving

Walking Trails

Walking distance from 5 star Restaurants and Major Resorts.

Panama’s Ministry of Economy & Finance MEF Requires from BID Participants:
• 10% of bid price as security deposit = $250,000 on this property if you win bid goes towards payment, if not re-imbursed
• Government Form
• $4.00 in government stamps for form
• Copy of Passport or cedula
• “Paz y Salvo” statement from social security stating you are in good standing with SS payments
• If you are a company copy from Public Registry of registered with updated directors for company
• Foreigners may require additional forms

Comments: NOTE: You can commission Think Panama as a licensed Real Estate company (lic. 1930) to represent you and act in your behalf, we are already CLEAR with the Panamanian government to Participate and enter the bidding process on your behalf. We do require the 10% security deposit required by MEF , plus a 5% commission if we win bid and close the purchase for you, this includes all administrative management for participation in bidding and handling all the legal docs and closing activities on your behalf.

Property Features