Price well below recent appraisal! You can be the proud owner of this incredible land, located in Las Delicias, Penonomé, ideal for the development of residential and commercial real estate projects. It has an area of 46 hectares 5,739.29m², it has flat parts, other undulating parts, and is covered throughout its entire extension with improved grass and properly laid out streets, in addition to having a river and an artificial lake. This incredible land is located 4 km from the center of the city of Penonomé, 20 minutes from beaches and 20 minutes from the Central Mountain Range, and 150 km from Panama City, the capital of the Republic. It has a project to build a country residential area there, with 46 houses located in a north-south direction for adequate ventilation and with panoramic views, on lots of 5,000 m2 on average, 3 models of houses between 300 and 370 meters. The project includes 24 hectares of common area with recreational amenities such as a clubhouse and swimming pool, tennis court, outdoor exercise areas, playground, stables, horse pasture, lake, trails with rest areas, viewpoints, and camping site. It is sold with a well-established company, Master Plan from Green Plan, Architectural Preliminary Project from Zurcher Arquitectos, Environmental Impact Study, Territorial Planning Scheme, Subdivision Plan, Architectural plan of sentry box and partial stables, Well, Ctas Ctes Bco General and Global.