Magda Crespo No Comments

Industrial Deep Water Front Property

House - Puerto Armuelles, Chiriqui

$500,000 per hectare

25 hectares or 62 acres of prime land right on the Panama Port-of-Armuelles. This natural deep water channel can easily handle cargo ships the size of the Exxon Valdez.

According to port information this area has an Anchorage Depth of :24.4 m and a Cargo Pier Depth of 2.5 m.

Currently PTP or Petroterminal de Panama uses this area as its Atlantic Terminal for crude oil that is then shipped via the Transisthmian Pipeline.

This location would be excellent for a container port or marina development.

This prime property borders the ocean as well as a well maintained asphalt road. The property has access to both water and power.

Property Features
  • House
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