3 Parcels ranging in price from $2,660,000 to $11,000,000
700 +/- HECTARES (1,730 +/- ACRES)
UNSOILED 5 KILOMETERS OCEANFRONT/3.3 KILOMETERS WHITE BEACH
Corona del Rey is located at the southeast portion of the beautiful island of Isla del Rey, Pearl Islands, Panama. It consists of approximately 700+ hectares/ 1,730+ acres of untouched beauty, located in the Gulf of Panama, located just south of Panama City, Panama in the Pacific Ocean and near the gateway to the Panama Cannel. Corona del Rey (the property) has multiple white fluffy beaches collectively stretching for 3.3 kilometers with a total of 5 kilometers of shoreline. The property by far has the nicest beaches on the Island of del Rey.
The property consists of 3 parcels, 2 oceanfront and 1 interior. Parcel 3 has a river bordering it at the eastern property line which provides year round fresh water. There's also a small fresh water lake at the southeast portion of parcel 2.
The property can be purchase in whole or each parcel separate. All pricing and terms are negotiable if a buyer elects to purchase in its entirety or to purchase all three parcels separately (see parcel maps for pricing). The owner is open to a joint venture with the right qualified reparable resort or community plan developer.
All three parcels have clean title, freehold, unencumbered, registered with the government of Panama and easily transferred to foreign investors/buyers.
The terrain configuration varies from rolling rain forest hills to flat tropical white beaches with two peninsulas. The property is perfect for multi-use and is zoned appropriately for commercial, residential, tourism, resort, eco-development, time share development, gambling and fishing to name a few. As previously stated the property has a year round river bordering the eastern portion of parcel 3 with a small fresh water interior lake in parcel 2, both appropriate for year round fresh water use. The property is also conducive for well water if desired. The life abundant clear warm waters are part of the rich fishing of Panama. One can actually catch Tuna and Snapper within minutes of the property. Isla del Rey is by far the largest island in the Pearl Island chain and this property, "Corona del Rey" is the jewel in the crown and by far the most desirable property on the island..
The Island of del Rey is actually larger than the Caribbean country island of Aruba.
Travel to the property is easy with daily ferry service and commercial flights to neighboring islands. Many of the surrounding Islands are developed or in the process of development. With a development ferry service could service the project bring guests right to the property. There's also a private airport on the island at Punta Coco a short distance from Corona del Rey.
Solar, Wind Generator and diesel can be implemented and is widely used to supply electricity for most islands.
PROPERTY CONSISTS OF:
700+/- Hectares/ 7,000,000+/- square meters
1,730+/- acres/ 90,398,800 +/- square feet
All parcels have free clean Title, Freehold, unencumbered and easy to transfer to foreign buyer.
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