Buenaventura, Rio Hato, Beaches Near Panama City, Cocle

This serviced residential lot is located in Velamar Village, within Buenaventura’s marina sector in Farallón, Coclé. The property measures 539.93 m² (approximately 5,812 sq. ft.) and is listed at $297,000.

Velamar Village sits near Buenaventura Marina, beach access, Paseo del Sol, restaurants, and several residential developments within this waterfront section of the community.

Only one of the project’s original 13 residential lots remains available.

Lot L-10

The available property offers:

• Lot size: 539.93 m²
• Approximately 5,811.75 sq. ft.
• Approximately 0.13 acres
• Serviced lot available for delivery
• Monthly maintenance fee of $250
• Listed price of $297,000

The lot provides buyers with the option to build within an established section of Buenaventura while remaining near the marina and the wider community’s beach, sports, golf, and dining facilities.

The brochure does not confirm that Lot L-10 has a direct marina view or marina frontage. Buyers should review the lot’s orientation, surroundings, and views during a site visit.

Serviced Lot Available for Delivery

The current price list identifies L-10 as a serviced lot. This allows the buyer to move forward with the design review and construction planning process without waiting for a future phase of the neighborhood to be completed.

Before purchasing, buyers should confirm:

• Services installed at the property boundary
• Utility connection fees
• Buildable area
• Required setbacks
• Permitted building height
• Construction deposits
• Architectural review fees
• Landscaping requirements
• Required construction timeline

Build a Custom Residence

The buyer may develop a residence according to Buenaventura’s architectural and construction guidelines.

At 539.93 m², the lot can accommodate a multi-level home designed to use the available footprint efficiently. Depending on the approved plans, the residence may include covered terraces, parking, landscaping, and a swimming pool.

All architectural plans must pass Buenaventura’s design approval process before construction begins.

Model A Construction Option

The current price list states that the Model A residence may be constructed on the lot. The design provides a total planned area of 388.02 m² (approximately 4,177 sq. ft.), distributed as follows:

• Enclosed area: 264.09 m²
• Open areas: 91.63 m²
• Swimming pool area: 32.30 m²
• Total planned area: 388.02 m²

The listed price for Model A is $800,000.

The plans show a multi-level residence with interior social areas, covered and open spaces, parking, and a swimming pool. Arango Arquitectos designed the Velamar Village project and its architectural concept.

Buyers should confirm whether the $800,000 construction price includes:

• Architectural plans
• Construction permits
• Design review fees
• Interior finishes
• Kitchen and bathroom fixtures
• Appliances
• Air-conditioning systems
• Swimming pool
• Landscaping
• Exterior lighting
• Utility connections
• Construction supervision
• Applicable taxes

The lot price of $297,000 should be presented separately from the Model A construction price until the developer confirms the full package.

Living Near Buenaventura Marina

Velamar Village forms part of Buenaventura’s marina sector. Nearby areas and services include:

• Buenaventura Marina
• Marina Village
• Marina Gardens
• Paseo del Sol
• Beach access
• Marina Village social area
• Restaurants
• Dry-stack boat storage

Buenaventura Marina offers wet slips, dry-stack storage, fuel service, boat maintenance, captain services, and boating activities. Marina access, boat storage, and related services require separate arrangements and fees.

Living in Buenaventura

Buenaventura is located in Farallón, Coclé, approximately 80 minutes west of Panama City. The community includes residential neighborhoods, beaches, lakes, landscaped areas, sports facilities, dining options, and on-site services.

Amenities include:

• Pacific beach access
• Beach clubs
• Buenaventura Marina
• 18-hole golf course
• Golf clubhouse and practice facilities
• Sports Club
• Tennis and paddle tennis courts
• Semi-Olympic swimming pool
• Gym and sports fields
• Hotel and Corotú Spa
• Restaurants and shops
• Equestrian club
• Conservation center
• Educational center
• Property management services
• Controlled community access

Some amenities require separate memberships, reservations, passes, or additional fees.

Who May Consider Lot L-10

Lot L-10 may suit a buyer who wants to build near Buenaventura Marina while retaining control over the residence’s final layout and finishes.

The buyer can create a custom design or consider Model A as an established architectural option. In either case, construction costs, permits, plans, landscaping, pool installation, marina services, and amenity memberships remain separate from the land unless the final purchase and construction agreements state otherwise.

Contact Casa Solution for current availability, construction specifications, design guidelines, and a private visit to Lot L-10 in Velamar Village.