25 ha prime land bank or housing project land with teak in Pacora
Pacora, Panama Panama
Land size: 25.00 ha
This land has exceptional investment value as it is located past the Panama international airport not far from Tocuman Neuvo and the new Parque Industrial De Las Americas. This is a fast growing area of Panama with many new housing projects. The land was planted with teak in 2012 which is growing and adding value to the land each year as well making this and excellent land bank opportunity. The Panama Metro line 2 is now open extends past the airport. This is an excellent place to hold an asset that is growing in value every year. Teak has minimal management costs after the 8th year as well and future thinning will produce enough sale-able wood to cover the costs of the thinning. The land value will go up as the area grows and develops.
