Change of government & sidewalk construction update

A different governmental party was elected in Panama last May. Currently the government in Panama is changing from the old government to the new. This is also happening on a municipality level. One of the negative effects we are experiencing from the change of officials within the municipality is the lack of necessary construction checks by officials for us to continue to the next stage of construction for the beach club and entrance of Coco Beach. We expect the delay for the beach club and entrance to be between one and three months. Luckily the construction of walkways and sidewalks in Coco Beach is not affected by the change of government and municipality. Therefore walkway construction is on schedule and making rapid progress as can be seen in the photos on this page. Currently around 7000 meters (4.4 miles) of sidewalk is being constructed. Also the planning process relating to the construction of additional houses for the existing lot owners will not be affected by the government changes.

You can always contact us directly for more information and details of the progress taking place in and around the Coco Beach community.

More Updates

Lot 38 sold

Lot 38 has been sold this month to an American. It is a 1-minute walk to the beach from this lot and positioned near a newly built custom Oasis type 2. Lot size: 1.213m2 / 13057 sq.ft.

Lot 14

Lot 14 is situated on the left side of our masterplan, it was recently sold to one of our newest clients from the United States. This lot is sized 1.416m2/15242 sq.ft. and only a 2-minute walk from the beach.

Lot 31 sold

Lot 31 is one of the last 1-minute walk beach lots available in Phase 1 and close to an area with lush trees. It was sold to one of our clients from South Africa. This lot is sized 1.228m2/13128 sq.ft.

Lot 78 sold

Lot 78 is situated in the middle of Coco Beach, it was recently sold to clients from the United States. This lot is sized 1.140m2/12271 sq.ft. and right next to the palmtree boulevard.

Lot 4 sold

Lot 4 is positioned on the left of Phase 1 on our Masterplan right next to the sports court, community garden, park & playground. This lot was recently sold to one of our newest clients from the United States. Lot 4 is sized 1.237m2/13315 sq.ft.

Official delivery of lots has started!

Finally the authorities have given their approval to start the official lot delivery on phase 1 of Coco Beach. Many of the 40 clients who already purchased a lot have been waiting in anticipation of this moment and we are very happy to be able to hand over the ownership

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