This piece of land is an excellent development opportunity for people who want to "get in at the right time". Howard is a former US military air force base that is now just beginning to develop itself into what will be a major residential and commercial sector in the Panama City area. The enormous project that is transforming Howard into this new "little city" is called "Panama Pacifico" and the general consensus here is that this is the most ambitious development project of ANY KIND to hit the Republic of Panama.   

The (building) lot being offered here is approximately 77 x 50 meters and is zoned for low density housing which means that townhouses, single family homes or apartment buildings of no more than 3 floors could be constructed on the site. Adjacent to this development property is a similar size plot that is zoned for becoming either a park or a playground. Because of this fact, the property being offered here has higher or increased investment value since the area as a whole is going to be attracting families due to this proposed park and/or playground plan not to mention the familys that will simply want to come just because of the Panama Pacifico endeavor.   

Getting back to the Panama Pacifico project for a moment, the enormity of this undertaking is almost beyond belief with the anticipated arrival of the new "Town Center" that will be at the heart of it all with its retail shops, condo residences, supermarkets, movie theaters and more. In fact, by the time all is said and done there will be about 20,000 total new residences as a result of this huge undertaking. And when you factor in the industrial park complex and hotel operations that are a part of the plan as well its no wonder people are singing the praises about whats yet to come in the not so distant future. 

Besides this project there's also the expansion of the Panama Canal that will bring new residents to the area. So with all this going on the investment opportunity before you here is one that's hard to beat when considering all the facts. And this is one of the last pieces of land left in this very strategic area so contact us for more information.