Region: Panama, Central America
Price US $2,200,000
Size
224.4 acres
Location Bay of Panama
Isla Majagual and Isla Maje are located a few miles of the Pacific Ocean coast in the Gulf of
Panama. Only four hours by boat from Panama City or half an hour by helicopter. They are
stunningly beautiful islands of great biodiversity, including fresh water!
The islands are titled and have tremendous development potential. Possibilities include a
world-class fishing lodge and/or a very interesting eco-tourism resort. The island of
Majagual consists of flat land ideal for construction, bordering on three different beaches,
one with surfing potential and another on a natural protected bay. There are areas of
forested rocky hills from where one has the most unbelievable ocean and mainland
mountain views. Building on the volcanic rocks is easy. Trails and hiking paths can be
designed all over the island. The huge rocks around the bay can be easily connected with
wooden bridges for the ultimate "survivor" experience. Majagual is 22 hectares in size. Maje
is the bigger island with 60 hectares and lots of prime forest, hidden valleys and high
elevations.
Ten minutes by small boat will take you to the fishing village of Chiman, where local
fisherman sell their fresh fish and seafood straight from the boat. In Chiman, you can find a
24-hour police station, public phones, a medical post, a small school and 4x4 or off-road
motorbike trails into the forests and mountains.
Isla Majagual and Isla Maje are located relatively close to the famous Tropic Star lodge
(Bahia Pinas) where world records have been set for fishing Sailfish and Black Marlin. The
beautiful Pearl Islands, a group of 200 paradise islands, are only 45 minutes away by boat.
According to the Panamanian History Society, the islands were used as a base of attack on
Spanish treasure ships by pirates in the Spanish colonial times. The largest ever Spanish
treasure galleon, the San Jose, sunk on June 17, 1631. Divers still pull up gold and silver
coins, and two thirds of the ship's cargo still lies uncovered.
Nearby on the mainland in the bay of San Miguel, where Vasco de Balboa first encountered
the Pacific Ocean, one can discover old ruins of Spanish forts. Close by live old Indian
tribes, still living the way they lived for thousands of years. At times whales and dolphins can
be spotted from the islands. Birdlovers will be able to see the more than 80 trekking bird
species that visit the islands year round. At low tide one can walk around the islands finding
fresh oysters and clams on the rocks, and even some caves can be found!