ALTOS DE VALLE
AZUL
in
Cerro Azul Highlands
This beautiful area has several properties
for sale. It consists of five separate land
holdings:
·
Valle Azul 610,400.00 m2
·
Valle Azul Anex B 22,952.53 m2
·
Sevilla area 133,378.84 m2
·
Quetzal area 65,703.73 m2
·
Rodeo 19,596.73 m2
Total 852,031.83 m2 = 85.2 hectares or 210.5
acres
·
Used to be a high-quality coffee plantation
·
Zoning is classified as "Residencial Rural
(R-R)", allowing a net density up to 50
persons per hectare (20 persons per
acre) or 10 households per hectare (4
households per acre). Minimum area per lot
is 1,000 m2 (0.247 acres, 10,764 ft2).
Minimum lot frontage is 20 linear meters
(65.6 ft). Maximum building height is three
stories
·
Altos de Valle Azul is highland property at
the edge of "Chagres National Park", a
300,000 acre protected national forest
reserve, located just forty minutes from
Panama's Tocumen International Airport and
an hour from downtown Panama City along the
Corredor Sur toll road. Beautiful beaches
and deep sea fishing are an hour away
·
Altitude above sea level is 700-800 meters
(2,300-2,600 feet), with temperatures that
range from 21-27ºC (70-80ºF)
during the day to a comfortable cool at
night
·
Eco-tourists enjoy the surrounding forests
which have waterfalls, exotic birds and
wildlife unique to Panama, as well as, a
well-developed network of hiking trails that
will take you through one of the oldest
cloud forests in the Western Hemisphere. It
is not uncommon to see howler monkeys,
flocks of parrots, toucans, raccoons,
sloth's, red and gray squirrels, and white
tailed deer
·
The area has no hurricanes, no levies to
break and no tornados
·
Is in the vicinity (2 miles away) from a
successful development "Los Altos de Cerro
Azul"
·
Panama has become a favorite destination for
retirees. There are many websites describing
the many advantages
Panama has to offer in relation to other
popular destinations as Mexico and Costa
Rica. Some of these include: the fact that
in Panama the international investor is
allowed to "own" the property, as opposed to
"lease only" options available in other
countries; Panama's tax laws are based on
territorial principle, whereas residents
only pay taxes on local derived income, not
on world-wide income
·
Altos de Valle Azul is accessed via the same
road as Cerro Azul. It is 2 miles past Cerro
Azul on the same road
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