Cerro Azul is an incredible mountainous paradise located only 45 minutes away from the hectic city-life and about half an hour from Panama’s International Airport. Because of Cerro Azul’s altitude as well as its tropical forest surroundings you can enjoy a cooler climate than in the city.
At Cerro Azul you can find amazing views of Lake Alajuela, The Panama Canal, Panama City and all the wonderful surroundings of the area. Cerro Azul is well known for its uncommon flora, fauna and wildlife; you can find jaguars, red spider monkeys, squirrel, anteaters, white tail deers; harpy eagle and many more which are considered endangered. Cerro Azul is an area that is practically virginal for investors; most of the people that visit Cerro Azul are Panamanian weekenders that got to Cerro Azul’s restaurants and spas.
There is still very little development in Cerro Azul, but investors are really interested in Cerro Azul because properties are still cheap and lots can be obtain for less than $6.00 per m2. Cerro Azul’s developments are supposed to explode in 2 or 3 years and land prices are supposed to go up at least to $30.00 per m2.
Crownland developers are close to obtaining a 355 hectares property that has easy access and amazing views of the Pacific Ocean and of Panama City; this lot is the perfect piece of land it has small rivers, waterfalls, wildlife and an amazing combination of green area and forest.
Cerro Azul is the perfect destination for retirees who want to enjoy living in an enchanting green environment, but still be close to the City.
