Tucan Country Club & Resort
Calle Tucan
Panama City, Panamá Province, Panama
- ft²
76.6 acres
- beds
- baths
Featured Seller's Representative
- Osvaldo De Sedas
- Tucan Real Estate Holding, Inc.
-
+507 6343-7266
(Panama)
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Connect with local buyer agents who are willing to offer commission savings!
Property Information
ONE OF A KIND PROPERTY: Tucan Real Estate Holding, Inc. (landowner) has a property with an area of approximately 105 hectare (74 ha existing + 31 ha new expansion areas) of prime development land. It is a unique property in a one-of-a-kind location adjacent to the west bank of the Panama Canal, immediately outside the center of Panama City.
Tucán is within easy access to downtown Panama City, and aims to become one of the most appealing places to live with the highest occupancy rates. Tucán has existing residential structures developed between 2004-current connected to a renovated golf course with world class professional amenities located adjacent to the Panama Forest Reserve. Tucán is the only development with a mixed-use, commercial-residential expansion with a scalable size, next to the famous Panama Canal.
FOR SALE: Tucán 2.0 is the name of the new development. 31 hectare (23ha + 8 ha) of new land has been acquired and the property has expanded. The long term vision behind Tucán 2.0 is to structure the entire property with a chic tropical lifestyle and destination format. Over the next decade, a tropical haven will emerge on the Tucán plateau that includes residential, retail, entertainment, commercial offices, activities center, recreational areas, public event grounds, church, and assisted living residences.
Tucan is on its way to becoming a tropical haven.
A LUSH GREEN PLATEAU WITH CHIC TROPICAL STYLE ARCHITECTURE
The new expansion development, Tucán 2.0, is pivoting towards a modern-chic open tropical architecture style. The new investment in existing and expanded areas focus on curating a diverse collection of buildings for residential and mixed use. Over 45 new residential buildings have a functional focused design that creates a more harmonious relationship between the lush green tropical outdoors and indoors by opening up to merge the interiors with the exteriors. The new architecture embraces nature. The topography of the property is the key element for Tucán 2.0 to transform the Tucán property into a magical destination. Everywhere you look is green. The buildings float amongst the tree tops and merge softly into the hillside jungle. Coming and going you are sheltered from the scorching sun and tropical rainfall. Entrances and driveways to buildings are beautifully lit and designed. Open convertible terraces make the built structures blend organically with the terrain. Rooftops are open social dwell spaces with cover and 360 ̊ uninterrupted views, surrounded by infinity pools on the perimeter edges with vegetation and lounge seating to create tropical havens.
EXOTIC LANDSCAPE BY THE GATEWAY TO THE PANAMA CANAL
Tucán is one of those rare properties where the world renown Panama Canal and the Panama City skyline are at sight in a scenic view from this lush tropical plateau, and untouched jungle is on- site. Tucán 2.0 plans to include a variety of urban conveniences and attractions to be available by the main entrance to the property on the 1st street promenade, an outdoor shopping street called Tucán Village. A new style of chic tropical architecture will be used to build new mixed use buildings in Tucán Village, residential apartment buildings on the golf course, terrace apartment buildings up in the hillside oasis, and staggered apartment buildings by the riverside lake. A collection of entertainment and activities will be available high up in the air in the exotic jungle landscape bordering the Panama Forest Reserve. –Everywhere you look is green.
A NEW CHIC TROPICAL OUTDOOR DESTINATION IN A WORLD CLASS EXOTIC LOCATION
Tucán Village is a mixed-use development with a bespoke walkable outdoor shopping street that will be center for over 40 uniquely curated boutiques, entertainment and fresh-food experiences. This new attraction will be situated at the entrance of Panama City’s lush tropical and stylish Tucán property overlooking the nation’s most picturesque and heritage-rich Panama Canal. Tucán Village feature a re-imagined classic drive-in movie theater at the foot of the scenic plateau location poised to become a visitors favorite. The main street is made up by a row of fine small facades that wraps around an event plaza with trees and water pound framed by a signature two-story glass greenhouse oasis with a butterfly garden.
Tucán Village will be the location for over 240 residential loft-style apartments. Tucán Village is designed with a timeless chic tropical flavor and oriented around a main street avenue lined with royal palms, wide open park style walkways, street-scaping, benches, curb-side parking, curb level retail stores and residential units on the upper floors. The architecture of the buildings is in a timeless chic tropical style with living spaces that open up to transform closed apartments to bring the exotic flavor outdoors to the inside.
DISCLAIMERS & AGENCY DISCLOSURE
- Earnest Money: Total earnest money is to be negotiated at the time of offer and to be agreed upon in writing in a Purchase Contract by the Buyer and Seller.
- Brokers and agents are fully protected end encouraged to participate.
- RealtyHive & Micoley.com, LLC are licensed auction firms working for the seller of said property, performing auction and auction marketing services as a part of this transaction.
DISCLAIMERS & AGENCY DISCLOSURE
Properties may sell prior to Online Event, so contact a RealtyHive.com Representative TODAY at (888) 662-1020
ALL OFFERS/BIDS ARE SUBJECT TO SELLER’S APPROVAL
This online event is being held by Micoley.com LLC, also DBA RealtyHive, LLC (“RealtyHive”) which is an auction company. By participating in this event, you are electing to be bidding/offering on and possibly purchasing a property via an auction format and as sold to you via an auctioneer. If you want to be utilizing the professional services of a Real Estate Broker, you should contact a Real Estate Broker licensed in the state in which the Property is located (Properties have Local Listing Brokers available or you can use a local licensed Broker in the state the property is located). The rules, services and obligations between auctioneers and realtors are very different. If you are unsure of which professional you wish to utilize, we suggest you consult an attorney.
AGENCY DISCLOSURE: RealtyHive, the Auctioneer, and all other licensees employed by or associated with RealtyHive.com, or the Auctioneer, represent the Seller in the sale of this property.
BUYER’S FEE: Buyer agrees to pay a “Buyer’s Fee” (if applicable), which shall be added to the negotiated purchase price/successful high bid and will be included in the purchase contract as part of the total purchase price. See the Property details on www.realtyhive.com or contact a RealtyHive Representative at (888) 662-1020 for the amount of the Buyer’s Fee for this property.
AUCTION FORMATS: RealtyHive offers multiple Auction Formats. Please see the Property details on www.realtyhive.com or contact a RealtyHive Representative at (888) 662-1020 for the Auction Format of each property.
PROPERTY DISCLOSURE/INSPECTIONS: Buyer acknowledges that this property is being sold on an “AS-IS, WHERE-IS” basis, and that Seller and RealtyHive make no representations or warranties as to the property condition except as described in a Buyer’s Purchase Contract. Buyer’s personal inspection, and inspection by qualified experts prior to the online event, is encouraged. Buyers and parties inspecting the property on behalf of the Buyer assume all risk associated with any inspection of the property.
PURCHASE CONTRACT: A Purchase Contract in any real estate contract used for the purchase of the property that is drafted by a licensed Broker or Attorney in the state in which the property is located.
BIDDER'S INFORMATION: Each property has Bidder’s Information located in each property document section on RealtyHive.com, which you must read/download before you will be permitted to bid on the property. The information is solely intended to provide interested parties with preliminary information only. It is not a solicitation of offers and does not constitute an offer to sell. The delivery of this material to any person shall not create any agency relationship between said party and RealtyHive. The information included herein is believed to be correct but is not guaranteed. No investigation or review by RealtyHive has been made as to its accuracy; some information furnished is from outside sources deemed to be reliable but is not certified as accurate by the Seller, RealtyHive, or any of their affiliates. All information contained herein is subject to corrections, errors, and omissions. All offers/bids must be based on the buyer’s own investigation of any property offered herein and not on any representation made by the Seller, RealtyHive, or another party. Neither Seller nor RealtyHive make any representation or warranty, express or implied, with respect to the property identified herein, and the property is being sold in an “AS-IS, WHERE-IS, WITH ALL FAULTS” condition except as specifically stated in a Purchase Contract.
The recipient of this information and their agents acknowledge and agree that the examination of the information included on this site is being conducted solely for the purpose of evaluation in good faith their interest in submitting a bona fide offer/bid for the purchase of the property. The recipient further agrees that all information about the property which is not public record and was not obtained through Realtyhive.com, the managing agent, or the Seller for purposes of evaluating its interest in the purchase of the property, will be held confidential and will not be disclosed to any other party except those assisting or working with or for the recipient in connection with evaluating the property.
EARNEST MONEY REQUIREMENT: Total earnest money to be negotiated at the time of offer and to be agreed upon in writing in a Purchase Contract by the Buyer and Seller.
CLOSING DATE: To be negotiated within 30 days of the online event date unless otherwise agreed to in writing in a Purchase Contract by Buyer and Seller.
REALTOR/BROKER PARTICIPATION: A cooperating brokerage fee can be earned by the Real Estate Broker acting as a Buyer’s Broker, whose Buyer closes on the property as agreed upon in the executed Purchase Contract. Please see the Property details on www.realtyhive.com or contact a RealtyHive representative at (888) 662-1020 for the cooperating brokerage fee offered for each property.
Local Economy
Traffic and public transportation:
Panama City is investing in infrastructure and plans to increase the capacity of traffic to pass in and out of Panama with a new bridge, 3+3 lane freeway and a 2-lane monorail. Metro is expanding its city train with Line 3 that will add the first stop after crossing the Panama Canal only 400 meters away from Tucán ensuring easy access for residents, visitors and workers from Panama City and its surrounding areas.
Airport:
Panamá Pacífico International Airport (IATA: BLB, ICAO: MPPA) is a commercial airport inside the area called Panama Pacifico. It is located on the site of the former Howard Air Force Base, a United States Air Force base that was within the Panama Canal Zone. Panama City can be reached by crossing the nearby Bridge of the Americas. Commercial airline service started in 2014, with VivaColombia being the first to begin operations. The airport receives larger jet aircraft like the Airbus A320 from VivaColombia Airlines and Boeing 737 from Wingo Airlines.
Residential and commercial district:
Panama Pacifico is a mixed-use real estate development in Veracruz, Arraiján District, in Panama, located on the site of the former Howard Air Force Base. It is situated inland and away from the western bank of Panama Canal, opposite Balboa. The project has been in development since 2007.
London & Regional Properties and Colombian banker Jaime Gilinski formed a consortium, London & Regional Panama, to develop the Panama Pacifico business and residential community. Gilinski and his partners Ian and Richard Livingstone bested 17 other international firms to develop the project. The contract is a 40-year license for the area with an obligation to invest US$405 million over the first eight years from 2007. The project covers 3,450 acres (1,400
hectares) of land.
The development goals set by the Panama Pacifico Agency (APP), a governmental body, at the start of the project were:
• 1,400 hectares in total
• 850 hectares for development
• 1.0 million m2 of commercial space
• 20,000 homes and apartments
• 40,000 jobs
• Malls
• Business and hotels
• Parks, open spaces, and entertainment areas
| # | File Title | Download |
|---|---|---|
| 1 | letter_of_intent_to_purchase_MO6 | |
| 2 | property_brochure_3Sw |
Featured Seller's Representative
- Osvaldo De Sedas
- Tucan Real Estate Holding, Inc.
-
+507 6343-7266
(Panama)
How to make international calls
Connect with local buyer agents who are willing to offer commission savings!
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