It is a beachfront property on a promontory with a total of 278 hectares. Morro Negrito is a first-class tropical beach that is distinguished by having one of the best white sand beaches on the entire Pacific coast. The property has significant development potential on the prominent headland to the south offering stunning views of the bay.

It is the perfect location for a variety of off-the-beach water sports, including swimming and surfing. Additionally, there is immediate access to world-class fishing and sport fishing.

The property would support a variety of residential properties that could attract international and local buyers who appreciate this unique landscape.

Description

A completed master plan for the property identified a mixed residential lot program that could maximize the natural landscape, ocean views and swimmable beach.

The proposed residual development capacity is:

• 18 Ocean Lots on the south headland.
• 12 jungle lots on the southern headland.
• 6 estuary lots on the south headland.
• Eco Lodge site north of the beach.

The property offers an opportunity to one or more developers who could maximize the development and market capacity of this property within the Panamanian luxury second home and weekend home market.

Location and situation

Morro Negrito is located on the Pacific coast of Panama in the province of Chiriquí.

Access

Panama City provides international access, with 3 daily ‘in-country’ flights to David Regional Airport. The town of David is 110 km along the Pan-American Highway east to Morro Negrito. A new road provides access to and from Soná. From the road, the site is a 15-minute boat ride from Yurre’s public harbour or a private dock option owned by a local Fishing Lodge.