Penonome: Better than Beachfront!
By the time I was in a position to even be able to contemplate purchasing a nice parcel of land to eventually build my vacation/retirement home, it had become apparent that no matter how rural or remote I was willing to go, beachfront was no longer within my budget. It happened so quickly, within 2 short years, the prices for beachfront property in Panama had doubled, tripled and in some cases quadrupled or more in price. Very sad indeed, but not necessarily the end of the world.
I started thinking about other properties that could be as exotic, unique and beautiful as beachfront… and suddenly the answer was clear… waterfalls! My search for waterfall properties has taken me to the most remote corners of Panama, but I have found the highest concentration, best prices and accessibility of these unique gems to be centered around Penonome.
Take the attached photo for instance, it is one of 4 waterfalls within the property which is also home to the spring from which the river is born. Imagine having your own waterfalls, originating entirely on your own property. The farm is 97 HA and the best part is the asking price… just 25 center per m2.