Calovebora Veraguas - Land for Sale

Location: Veraguas, Calovebora

Price: $700,000. Negotiable

Great investment opportunity! ideal for tourism, hotel, resort.

• You can access by road, sea or air

Property Description:

• Titled property
• 204.7713 Hectares
• Over 1km of horizontal beach (Caribbean)
• Crystalline water with calm seas
• Exotic fauna and flora

Excellent to develop a beach resort or simply for investment.

For Further information, please Contact us.

Ingrid Jeaneth Vega
Real Estate Broker

Contact information:
Phone: (507) 212-1224 /25/26 (Panama)
1-(305)-503-9957 (USA)

Email: info@thepanamaclub.com

Bala Beach Resort

Bala Beach Resort is located on the most beautiful beach of Panama’s Caribbean coast, just a one-hour drive from Panama City. This master-planned development is designed for those seeking the perfect escape from the outside world… crystal clear waters, white sand beaches and gorgeous mountain backdrops that provide a breathtaking view from any point on the community. Balä Beach Resort is only minutes away from the nearest hospital and supermarket.

Located in the province of Colon on the Caribbean coast, the Balä Beach Resort is just minutes away from some of the most interesting landmarks you’ll find in all of Panama. Some of the attractions include the historic port town of Portobelo, the popular weekend tourist destination Isla Grande, historic forts built in the 16th century and the second largest free trade zone in the world, the Colon Free Trade Zone. This area was also once frequented by pirates, including Sir Francis Drake. It is very popular with both SCUBA divers and treasure hunters who regularly recover gold, silver and other antiquities.

Sitting on the Caribbean end of the Panama Canal only 48 miles by road from Panama City with a population of just over 200,000, Colon is the closest large city to the Balä Beach Resort. In Colon you will find modern amenities such as hospitals, U.S. educated doctors, shopping malls, hardware stores, pharmacies, restaurants, etc.

Founded in 1850 by Americans working on the Panama Railroad, Colon and the surrounding areas have seen economic boom and bust thanks to the construction of the Panama Canal, the Panama Railroad, three modern shipping ports and the Colon Free Trade Zone. Currently, there are many plans to improve Colon city as well as the surrounding area. Some of the plans include the construction of the new Panama Colon highway (already commenced), the improvement of the existing ports to welcome more incoming cruise ships packed with tourists, as well as the development of residential projects such as Balä Beach Resort.

Heading east along the Caribbean coast and only 20 minutes from the location of the Balä Beach Resort, Portobelo is described as a sometimes sleepy but always beautiful historic port town with gorgeous churches and nearby white sand beaches at Playa Langosta. Portobelo is home to Panama’s annual Black Christ celebration held each year on October 21 in the ancient Portobelo Cathedral.

Very near to the town of Portobelo, you will find the sprawling Portobelo National Park comprised of 34,846 hectares filled with coral reefs, coastal forests, historic sites that were once storehouses for the gold and silver of South America and the remnants of the pirates of the Caribbean that left traces of their existence throughout the park.

Heading further east from the Portobelo area along the Caribbean coast, the scenery becomes even more beautiful as just 30 minutes from Portobelo (or 50 minutes from the Balä Beach Resort), you will encounter Isla Grande, a weekend destination for many beach lovers, divers, snorkelers and surfers. Here you can stay at one of the area hotels, take a stroll through town to check out the historic lighthouse and grab a bite to eat in town as you experience the beauty of the sunset over the Caribbean ocean.

Available Apartments:

The first phase will consist of 2 8-story buildings with the following apartments to choose from:
- Studio (45 m2)
- 1 Bedroom (65 m2)
- 2 Bedroom (85 m2)
- 3 Bedroom (130 m2)
- 1 Bedroom 2-Story Loft (180 m2)
- 2 Bedroom 2-Story Loft (220 m2)

Each apartment offers breathtaking views of the Caribbean Sea and gorgeous mountain landscape.

Amenities

The community will feature:
- Private beach access
- Multiple swimming pools
- Restaurant and bar
- Tennis courts
- Basketball court
- Fully equipped gym
- Beach chair and towel service
- Shuttle service
…and MUCH MORE!

Learn more at BalaBeach.com