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LOBSTER COVE BEACHFRONT RESIDENTIAL COMMUNITY
Located on the Beautiful Pacific Ocean of the Chiriqui Province
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AFFORDABLE BEACHFRONT AND OCEAN VIEW HOME SITES AVAILABLE FOR IMMEDIATE SALE!
LOBSTER COVE is a 10 hectares (25 acres) gated community overlooking the Pacific Ocean. The land consists of rolling and descending 22 lots starting at a height of 50 meters (160 feet) (lot #1) and ends at a height of 3 meters (10 feet) above sea level (lot #16).
There are 3 phases in the Development:
Phase 1: High Lots with Outstanding Ocean View: 10 lots with areas between 2000 and 2600 sq meters (0.5 to 0.64 acres) overlooking the pacific ocean. These home sites are on average 30 to 50 meters (98 to 160 feet) above sea level.
Phase 2: Beach Front Lots: 6 lots with areas between 2500 and 3300 sq meters (0.62 to 0.82 acres) These home sites are located on hill tops of 3 to 25 meters (10 to 82 feet high) directly above the beach. The beach in front of these lots is 1,270 feet long.
Phase 3: Tropical View Lots: 6 lots with areas between 2000 and 4500 square meters (0.5 to 1.1 acres). Some of these lots have views over looking the water streams of Lobster Cove; others are located on small hills with views to the cove and beach.
Lot #17 Is a common area for all owners which will have a gate house, garbage collection and disposal area; storage for tools, spare parts and other items needed for the maintenance of the community. This area will also be available to keep boats and vehicles.
All lots have access to the ocean either through “Lobster Cove Avenue” or through the public road ending in Playa Hermosa, also known as Chuchecal Bay.
Beach access from all lots is no more than a short 3 minute walk.
See Below for Pricing, Master Site Plan, Purchase and Developer Financing Options.
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Magnificent Views to Cove & Pacific Ocean
Views of Cove and Hills
Click on Photographs to View in Original Orientation and for Larger Size, Then Click on Back Arrow on Your Brower to Return to Page
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LOCATION AND QUICK FACTS
- Gated beach front community 1 hour drive or 45 minute boat ride from David.
- Located on the Chuchecal Bay in the Province of Chiriqui, Panama’s western most province.
- The nearest village is Horconcitos, 13 miles away.
- Direct access to hundreds of pristine off shore islands and the World famous Hannibal Banks for fishing.
- Rolling hill from 50 meters high (160 feet) to 3 meters (10 feet) on 1270 foot long beach. Mountain views to the north east and the Pacific waters to the south west.
- Located 8 degrees 13 minutes North, 83 degrees 09 minutes West of the prime meridian.
- Tropical Savannah type climate, with temperatures averaging 28 C (82 f). Average rainfall 100 inches annually.
- David (population 120,000) is the second largest city in Panama. It offers modern medical facilities, various state of the art shopping malls, including Price Costco, regional airport, a marina etc.
- Free of hurricane threats.
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ORANGE ZONE
Ocean view lots, 8 available with various sizes and wiews starting from $45 per square meter.
YELLOW ZONE
Ocean front lots, various sizes, starting from $50 per square meter.
PURPLE ZONE
Commercial vacant land with ocean access. Average price $40 per square meter. Fronting the main paved road less than 100 meters from Playa Hermosa Beach. One of the few beaches in the area where it is safe to swim with opportunities to develop various water sports.
PAYMENT PLAN AND PRICES
The following is the Approved Payment Plan and Pre-Construction Prices
| Reservation fee: |
$5,000 |
| 20 days after reservation: |
$10,000 |
| 60 days after reservation: |
$35,000 |
| Transfer of Title: |
Balance in full |
All Deposits Refundable Within 30 days of Reservation Fee Payment Upon Written Request
Developer Financing Available
Lot No. |
Area (m2) |
Area (ft2) |
Area Acres |
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Availability |
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1,641 |
17,657 |
0.41 |
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Available |
2 |
1,999 |
21,509 |
0.5 |
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Available |
3 |
2,923 |
31,451 |
0.731 |
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Available |
4 |
1,376 |
14,806 |
0.34 |
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Sold |
5 |
1,989 |
21,401 |
0.50 |
|
Available |
6 |
1,658 |
17,840 |
0.41 |
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Available |
7 |
1,392 |
14,983 |
0.34 |
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Available |
8 |
3,619 |
38,940 |
0.90 |
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Available |
9 |
3,261 |
35,088 |
0.82 |
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Available |
10 |
3,293 |
35,433 |
0.823 |
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Reserved |
11 |
2,513 |
27,040 |
0.628 |
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Reserved |
12 |
2,537 |
27,298 |
0.664 |
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Reserved |
13 |
2,520 |
27,115 |
0.63 |
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Sold |
14 |
2,648 |
28,492 |
0.662 |
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Sold |
15 |
1,918 |
20,638 |
0.48 |
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Sold |
16 |
2,140 |
23,026 |
0.535 |
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Reserved |
17 |
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GATE HOUSE |
18 |
1,000 |
10,760 |
0.25 |
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Not for Sale |
19 |
2,000 |
21,520 |
0.5 |
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Available |
20 |
2,002 |
21,531 |
0.501 |
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Available |
21 |
2,007 |
21.595 |
0.502 |
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Available |
22 |
2,617 |
28,159 |
0.654 |
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Available |
23 |
3,084 |
33,184 |
0.771 |
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Available |
24 |
4,509 |
48,517 |
1.127 |
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Available |
Lobster Cove reserves the right to change prices without notice |
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