New property listed in Lago Bayano

New property listed in Lago Bayano
I have listed a new property at Lago Bayano.
This lakefront property with approx. 1/2 kilometer (1/3 mile) of lake front is a very rare opportunity. Lake Bayano is Panama's most beautiful tropical lake and its second-largest at 350 square kilometers (135 square miles). Some 80% of Lake Bayano's surrounding land is owned by the native population and is not available for sale. Of the remainder, much is not titled. At present, this is the only titled lakefront property advertised for sale to the public.

Lake Bayano is an environmental gem. The land is surrounded by open farmland and tropical rainforest, home to an incredible variety of wildlife ranging from howler monkeys to hundreds of species of birds from the Tucan to the Heron. This property is dotted with fruit trees and other species, but was used for many years as cattle-grazing grassland, thus its development does not require an environmental damage assesment. The owner seeks a purchaser who appreciates the need to develop the land with respect for the Lake's spectactular environmental beauty.

Despite the exceptionally tranquil rural surroundings, the property is only an hour and a quarter by road from Panama City, less than an hour from Tocumen International Airport, and 45 minutes from a major shopping mall. The property is a few miles off the Pan-American highway with direct access to the only other paved road in the area. Electricity and water connections are available at the property's edge. Cell phone service is available.

The Lake has gone undeveloped for years as its primary uses have been cattle-grazing and fishing. The Lake's first tourist facility has just opened, a high-end real estate development began construction in early 2008, and another is in the planning stages. In addition, road improvements are nearing completion that provide nearby access to the Kuna Yala (San Blas) region on the Caribbean, thus further enouraging interest in the Lake. As the Lake draws increased attention, this property's potential for substantial appreciation is clear.
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