Unique Opportunity for Residential or Tourism Development

Description:
Available for sale or strategic partnership, this spectacular oceanfront land boasts a total area of 52,000 m², located on the paradisiacal Saboga Island, part of the exclusive Las Perlas Archipelago.

The property includes land appraisal, electricity, and water connections at the street, and has official environmental approval from the Ministry of Environment to develop up to 100 housing units.

Approximately 70% of the land enjoys direct ocean views, providing an ideal setting for beachfront residences, boutique villas, or high-end tourism projects.

Key Features:
• Oceanfront with direct access
• Electricity and water available
• Approved for up to 100 homes
• Ideal for residential or tourism development
• Access through Saboga Island, just minutes from Contadora Island

Total Area: 52,000 m²

The property allows the construction of additional facilities such as guest rooms, recreation areas, and/or swimming pools.

About Saboga Island:
Saboga Island is located in the Gulf of Panama, within the renowned Las Perlas Archipelago, approximately 50 km from Panama City, and part of the Balboa District.
The island is home to archaeological sites and an 18th-century church. Like the rest of the archipelago, it is known for its rich biodiversity and is recognized as the island with the largest coral formations in the region.
Saboga features 13 stunning beaches and a charming traditional village. In recent years, the tourism sector has seen significant growth and development, making it an ideal location for investment.

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