UNDER CONTRACT: Huge Ocean-view Lot Near Playa Venao

Huge Ocean-view Lot Near Playa Venao

This huge ocean-view lot near Playa Venao, “Lot 1”, is located in the private “Madroño” development. The forested hillside behind the lot is an impressive backdrop, but it’s the breathtaking ocean and valley views that make this property special. The nearly 1-hectare land parcel has an upper and lower home pad ready to build on. Both have expansive views to the west. Watch the sun set over Isla Cañas, the Pacific Ocean, and the Tonosi River valley.

Behind the blue entrance gate to the Madroño gated community are several kilometers of gravel roads, access to two exclusive beaches, a potable water system and about 30 home lots have been sold and counting. The community already has half a dozen homes, with more being built each year.

Two Huge Home Sites

Lot 1 is the first lot you reach after entering the development, giving you easy access when going to either Playa Venao or Cañas, both just a 5-minute drive on the paved highway. The owner has created two huge build pads on the property. You can build houses on each or turn the lower pads into incredible gardens or pools.

Owners in Madroño share the cost of maintaining the internal roads and community water system. The community has a simple gate so that only owners and their guests have access. There is no beach club nor other common amenities. Over the last several years the maintenance cost has averaged approximately $400 per year for each lot owner.

Lot 1 is titled and owned in a single-asset Panamanian corporation for easy transfer. Power and fiber-optic internet are ready to connect. The community water supply is already connected to the lot.

Contact us for more details and to schedule a visit.

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