We have a listing of an empty lot in the area of Howard which is a Panama City suburb right across the bridge ("Bridge of the Americas") from the city. Howard is a former US military air force base that is now being transformed into a major residential & commercial industrial sector of Panama City.
The project "Panama Pacifico" is the driving force behind the development of Howard and when all is said and done there will be 20,000 new residential units, a 18 hole championship golf course, a gorgeous "town center" and much much more. In fact, many people are calling Panama Pacifico the most ambitious development project in Panama today.
The lot in question is zoned for low density housing and thusly would be ideal for either a group of townhouses or a condominium development. Furthermore, the adjacent lot is zoned for being either a park or some sort of recreational area which will make whatever is built here more attractive to potential renters.
Additionally, the area as a whole has lush green landscaping and is very quiet since its well off the beaten track as it were. Furthermore, there are some very good schools in the area so (working) familys will be drawn here as well. Plus if you factor in all the people that will be coming to Howard to work on the Panama Pacifico project there will be no shortage of people that will want to rent either a townhouse or an apartment.
The lot already has an infrastructure with a sewer system, electricity, phone, cable TV, etc. And its important to note here that this is one of the last plots available in the Howard area. Please contact us at Inter Panama Real Estate Agency for more information.