The complete residential development Colina del Mar, located in La Chorrera, Panama Oeste Province, is offered for sale as a full acquisition under a corporate structure. This opportunity is ideal for developers and investors seeking a project with significant physical progress and immediate value creation potential. The offering includes the entire development: • 18 homes in advanced stages of construction • 51 fully segregated residential lots • Each lot with its own registered property title (finca number) • Installed urban infrastructure • Gated entrance with security access • Perimeter fencing • Clubhouse • Swimming pool and social area The project began development in 2019 and was temporarily paused during the 2020 pandemic. It is now under new management and ready for reactivation and capitalization, allowing an investor or developer to assume immediate control of a partially completed and fully planned residential community. Existing homes are between 60% and 80% completed, providing short term revenue potential through completion and individual resale. The 51 segregated lots allow continuation of Phase 2 development without additional subdivision processes or structural approvals. The investor acquires: • A planned and urbanized residential project • Physical inventory already under development • Individually titled lots • Completed community amenities • A platform ready for immediate commercialization • Strong phased appreciation potential Investment Structure Options Ownership is open to multiple strategic transaction structures, including: • Full project acquisition • Structured development financing • Joint venture

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