• $359,000

This beachfront property of 2 acres is located towards the Western end of the beach in Mataoscura, a quiet community with beautiful trees, friendly people, and thousands of turtles visiting the beach to lay their eggs each year. This property is accessed directly from the main lateral road of Mataoscura, is connected to the local community water aqueduct, and can be connected to the electric grid as well. The property is flat, but elevated from the high tide line which is always a plus when considering oceanfront property. The property is bordered by a handful of trees including some beautiful old growth trees which add a unique charm to the property and surroundings. Watch the sunset year around from this property, and enjoy the beautiful views towards Punta Mariato and Cerro Hoya National Park that this exquisitely angled beach offers.

This property is an open canvas, ready to be landscaped and host a beautiful home, or multiple.  Mataoscura is only 10 minutes from the famous Morrillo beach where various developments (residential, hotel/hostel, commercial plaza, etc) are currently in their planning and permit stages. This will bring alot of tourism and further investment to Morrillo and all communities within close proximity of Morrillo, including Mataoscura. For that reason this property can be an excellent option for “buy and hold” type investors, those interested to build a vacation rental home or a few rental casitas/bungalows, a hotel, or as the location for the home of one’s dreams. Complete renovation and reconstruction of Mariato’s district road has been completed, already bringing substantial growth, value, and improvement to this breath-taking region of the country. This property is an excellent and affordable opportunity to become stakeholder in one of Panama’s most promising and fascinating coastlines!

Government approval has been obtained for subdivision of this titled 8107m2 lot into five relatively equal parcels.  The approved segregation plan grants each one-fifth size parcel a 21.45m portion of ocean frontage. The parcels are sized as follows:1453m2 (west end), 1630m2, 1683m2, 1685m2, 1655m2 (east end). 

Keep one, or a number of parcels for yourself, and exercise this pre-approved ‘subdivision’ option of selling off the remaining parcels.