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Duplex Other Other in Panama

Commercial lot for Tourism development

Commercial lot for Tourism development

$4,497,675

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Panamanian Government is selling a 2.27 acres property at famous Amador area, right at the Panama Canal entrance. The property is located right in the middle of Amador Tourism Development area, next to the Balboa Yacht Club and the future NIKKI PANAMA CANAL HOTEL. It is a perfect spot for commercial areas for businesses like bars, discotheques, restaurants or residential apartments. A public parking area is adjoin in the open area! It has a current zoning for high density commercial, residential tourism developments and allows 10 floor heights. The base price is quoted with $ 475.00 per square meter. Any qualified party, can make an offer during the Public Auction  process. Please contact us for the detail on the Auction process. As it is a Auction - the highest bidder will receive the award. Estimated Auction date:  Sept. 2007 Contact us with Code: AMADOR AM 15       (Commercial direct application)Read more about Goverment sales

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