Bahia Lomas Estate is a gated mainland property consisting of 44 titled lots ranging in size from 1/3 to over 1 Acre on rolling hills over looking majestic Bays of the Caribbean Ocean.
Located at 48 ¼ km marker on the Chiriquí Grandi Caraterra Highway, with access to municipal utilities and shopping, makes life a joy in this Tropical paradise. The Costa Rican border is just 35 km to the east on the highway. David, the third largest city in Panama is a 2 ½ hour drive over the continental divide with it magnificent mountain views. The town of Bocas del Toro, on Isla Colon is a 25 min. boat ride.

Bahia Lomas Estates has its own paved private road system connects it to the main Highway and metered deep well water system. Sidewalks and walking paths are planned along the Bay and though tropical jungle ravens with waterfalls and streams.

The Marinas
Bahia Lomas Estates will have two separate marinas, one set aside for the Lot owner’s and one for the general public. The public marina will be a full service operation consisted of 100 slips, a 100 ton travel lift to haul out boats to 85’, gas/diesel engine sale/service and fiberglass repair. A 5 acre dry storage area for do it yourself repairs and long term storage. A 200 boat Hi & Dry boat rack building is planned for 2008.

Lot owners may choose to buy one of the 46 slips separate from the commercial marina.
Under Panama law no one can own the beach and land under the water.
Panama offers Concessions for the right to use and build over the water. These Concessions are leases for 10 years and are renewable. The water Concession will be shared by all lot owners and there guest.

Bahia Lomas Estates has bought these concession rights and though the dock owners association each member will have an underwater sub-lease for there slip and will own the actual dock and equipment on it.
Design and materials are being finalizing, at present there will be 46 slips; the slips will be constructed using 8’ wide concrete floating docks with 4’ wide X 16’ long finger piers with metered water and electric for each slip. The slips will handle a 36’-40’ vessel with a beam of 12’ and a 6’draft. Two on shore buildings with restrooms and showers are planned. The dredging of the area and construction of the docks will start in the spring of 2008.
Only lot owner’s can purchase slips.

Phase I price for the slips will be $84,000, and a 50% down payment to reserve a slip is required. The remaining balance is due when your slip is completed.
Association fees for owning and maintaining a slip will start at approximately $50/month. The ultimate cost of this will largely depend on what Owners vote for.

---

Prices

Additional Information

• Deed Restrictions .pdf (new)