The closest white sand beach to Panama City is attracting unprecedented interest from international developers and real estate buyers
PANAMA CITY, PANAMA / ACCESSWIRE / December 11, 2024 / The buzz of the Panama real estate market is Playa Caracol, a stretch of pristine beach captivating the imagination of developers and international property buyers.
Located on the Chame Peninsula, an eco-reserve 70 minutes from downtown Panama City, Playa Caracol has been a popular spot for locals for years, especially surfers, fishing enthusiasts, hikers, and bird watchers. However, announcing new residential and hotel projects has brought a new wave of attention to the private residential community.
In the spring of 2024, well-known Panama developer Grupo Los Pueblos, the company behind Ocean Reef Islands's development in Panama Bay, announced plans with a major international lifestyle brand for a residential development on Playa Caracol.https://glp.com.pa/
"Playa Caracol reminds many people of Cancun in the '70s or Tulum in the '90s," says Duncan McGowan, President of Punta Pacifica Realty (PPR), the exclusive sales agent for the Grupo Los Pueblos project. "The international market is just starting to discover the potential of this spectacular location."
Playa Caracol offers the on-the-beach, toes-in-the-sand residential experience that has been hard to find in Panama. The recent surge in sales activity is primarily from second-home buyers, retirees, and investors, who are attracted by the developer's turn-key rental programs, says PPR managing Director Jeff Barton.
"Playa Caracol is a unique combination of natural beauty, modern amenities, and investment potential," Barton says. "There is nothing like this opportunity in Panama or the region."
While the area's beauty is the biggest attraction, Playa Caracol presents several attributes attractive to international property buyers.
A Secluded Beach Lifestyle: Playa Caracol is untouched by mass tourism. It remains a secluded spot, perfect for romantic walks, family retreats, or moments of solitude by the sea.
Proximity to Panama City: As the closest white-sand beach to Panama City, you can eat breakfast in the capital and be on the beach by the afternoon.
Existing Infrastructure: There is already a community with restaurants and shops in place, and the Surfside Hotel recently opened, providing a home base on the beach.
Unique Natural Wonders: From July to October, Playa Caracol is a nesting ground for sea turtles, one of several awe-inspiring ecological spectacles that can be found in the region.
A Hurricane-Free Zone: Unlike many tropical destinations, Playa Caracol benefits from natural protection against hurricanes and extreme weather, ensuring worry-free beach days year-round.
Playa Caracol is the one destination that puts it all together, offering a beach luxury lifestyle in a natural paradise, close to everything, McGowan says.
"Best of all, Playa Caracol is early in the development cycle, creating an opportunity to become part of Latin America's next big property destination before it becomes the talk of the world," McGowan says.
For more information, contact Punta Pacifica Realty at +(507) 6793-8160 or write to sandy@puntapacificarealty.com
Contact Information
Sandy Chan
Project Manager - Punta Pacifica Realty
sandy@puntapacificarealty.com
+ (507) 6793-8160
Related Images
|
SOURCE: Punta Pacifica Realty
View the original press release on accesswire.com
