Panama, Chumical Oceanfront Plot for sale

Panama, Chumical Oceanfront Plot for sale
Chumical is the last accessible beach past Veracruz,O on the western shores of the Panama Canal, its located in the fisherman town of El Chumical of Veracruz, Chumical is well known by surfers, there are small and medium waves in the area. Chumical is a fisherman village, has sand and volcanic rock beaches, the cleanest of the area. In this town are fishermen and residents that work in the city.
There is nothing but open water and islands to be viewed from the coast in Chumical. There are no concessions or commerce on this stretch of beach.
The property:
Ocean Front Plot of 542,42 square meters. Car gate and boat gate. Septic tank and water are installed, electricity and telephone available. The was an house on the site so you can build with minimum or no requirements. We can also build for you.  The legal status is Right of Possession* and the Title is in process.
Price: USD 75.000
Contact: Giovanni Caporaso
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(507) 8327893
Skype: opmpanama

*In Panama, there are two very different ways to buy real estate. The first is buying  trough a Clear Titles, the second way is called Rights of Possession (derecho posesorio). Buying trough a Right of Possession is like squatters or concession rights. By the Law 80 dated December 31,  2009 the Right of Possession of coastal areas and beaches can be transferred and the Title can be requested and it guaranteed if the proper paperwork is presented to the authorities.




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