Outstanding Investment – Turn Key Development Opportunity

Offered at Only 1,250,000

Fantastic Profit Potential

• 14 ½ acre riverside community with a total of 55 homes and condominiums
• Located on the Rio Gariche in the Province of Chiriqui, Republic of Panama, Central America
• Fully approved for the construction of 34 condominiums and 21 single-family homes
• 28 percent of the property as “green space”
• 6 condominiums (Group 1) have been sold and are under construction, 8 of the 12 river front lots are sold and 2 of the 9 courtyard lots are sold
• Purchase includes all unsold lots and the completed but “unsold” ten condominium units listed as Group 2 Based on the current and by comparison, below market selling prices the number of lots/condos remaining for sale the buyers can expect a gross return of $2,419,700 U.S. dollars
• Recurring revenue for new developer includes water, electric and internet already in place that can be resold to home buyers
• New owner also receives condo and existing owner management fees that will total more than $57,000 when sold out – this should be well more than the cost of managing the development
• Project can be sold with existing construction company, a Panamanian Company, Canadian owned and managed if desired

CALL NOW: 6415-8048 SKYPE: lyn.mckee.eric.carlson

or email: lynmckee@gmail.com

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