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Presented By Archer Group Investments - J Levin

Exclusive Panama Ranch
Property Type: Land - Farm / Ranch

Last Updated: 11/24/2009 1:31:55 PM EST
Property # 25087

Location:

Panama
Azuero Peninsula Pedasi, Other Non U.S. Central America

View Address On Mapquest

Value:
Loans:
Equity:

$1,600,000
$0
$1,600,000

Property Description:
Exclusive 170 acre titled and carry free ocean view property
Benefits to New Owner:
Benefiting from infrastructure improvements executed by neighbors: Azueros project www.azueros.com and Villa Camilla + other exclusive developments including residence of Prince of Lichtenstein

General Information

Development Type: Residential
Development Approvals Approvals Pending.
Tentative/Preliminary Map Approved.
Final Subdivision Map In process w/ approx 2 months to record map.
Offsites Approved.

Utilities Available

Water	No	Gas	No
Sewer/Septic	No	Phone	Yes
Storm	No	Cable	No
Electricity	No	Other	Other: Satelite, wireless i

Land Comments

There is no annual property tax accessed on land, and it is income producing

Annual Income & Expense
	Per/Year	% of G.I.	Projected/Year
Gross Operating Income	$5,880	100%
Operating Expenses (-)	$0	0%
Net Operating Income (=)	$5,880	100%
Loan Payments (-)	$0	0%
CASH FLOW (=)	$5,880	100%

Additional Income & Expense Comments

Land is leased out to cattle rancher that pays monthly rent of 490

Loans

No information found.

Additional Information Available Upon Request

Appraisal available (Approx. Date 10/2007)

Maps: Area & Plat
Photographs
Site Improvements

Can Adds

No Can Add information found.

Can Adds Comments

This property is ready to be developed. Road Access has been improved and neighboring projects have validated the area

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Owner's Profile

Occupation Investor Name
Why Owner No Longer Wishes to Own This Property
The investment is too passive (need more action/opportunity)
Want a job/business: this property is a way to achieve that goal
Want to activate a nonproductive asset
Want to move assets to another state

Owner Comments and Benefits desired from Exchange
I have been living and operating in Panama for the past four years and I am looking for a change of scenery.

Will Consider Exchanging For

Commercial: Factory Outlet, Mall, Medical, Office, Resort, Shopping Center, Strip Center
Industrial: Manufacturing, Mini Storage, R & D, Vacant, Warehouse, Other
Residential Income: Apartments, Condo(s), House(s), Vacant, Other
Land: Commercial, Farm / Ranch, Industrial, Leased, Mixed Use, Multifamily, Residential, Subdivision, Timberland, Other
Personal Property: Cash, Notes / Paper, Barter Currency, Boat / Yacht, Services, Stocks, Other
Business Opportunities: Boarding, Care Home, Health, Industrial, Lodging, Marina, Market, Recreation, Restaurant, Retail, Sports, Other
Owner Occupied: Condominium, Duplex, House, Mobile Home, Other

U.S. Locations
Map
States/Regions:

Regions: 'WEST', 'SOUTHWEST', 'SOUTHEAST', 'NORTHEAST'
Non U.S. Locations
Africa, Australia, Canada, Caribbean, Central America, Europe, Mexico, Middle East, New Zealand, South America, South Seas, Other

Owner Will Exchange for Additional Comments
Ideally looking to swap for cash flow producing business / properties / Businesses in or outside of US

Property Represented By

Name Jesse Location Panama City Panama , Other Non U.S.

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Property Represented By Comments
The property is owned out write with no pending liens, tax liabilities, or mortgages

Click to view All Properties Represented by Jesse L.

REE.com Inc. has not verified the above property information and therefore does not guarantee or warranty any information contained herein. It is your responsibility to seek independent assistance for legal, tax, financial and physical inspections. All information submitted is subject to errors, omissions, change of price/value, withdrawal and to any special listing conditions imposed by the principals.