Development Opportunities Real Estate

For Sale

CATTLE FARM WITH PERMITS TO USE OR SELL THE ROCKS COMMERCIALLY

$ 650,000

This cattle farm is covered with 70% of improved pasture and has 14 subdivisions for better grazing. The knoll - Cerro Juan Beyaco - part of which belongs to the farm, offers ocean views over he islands in the Golf of Boca Chica. It is easily accessible from the Interamerican Highway, which it borders for 350 m. It has cell-phone coverage and electricity passes along the farm. The river Fonseca borders the property, offering water all the year round. In addition, It has a mine full of rock which can be use for commercial purpose like building roads. it has sold boulders for the amplification of the highway Santiago - David. The potential for a quarry is enormous, as there is much construction going on in Western Chiriqui and there is no gravel quarry in the area. The rock is high-quality balsatic (grade 7 and 8) and one has calculated that there are 4 to 5 million m3 on the property. There is a permit to exploit 454 hectares, among which is this farm. The analysis is available on request.

San Lorenzo 52m²

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20, 40, 80 or 140 hectares near David for residential development

$ 600,000 - $ 5,200,000

Just a 15-minute drive from the City of David and a 30-minute drive from Boquete, this is your property, if you are considering buying a beautiful farm with the option to build a residential development. Think lush green trees, river, creek, peacefulness, views to the highest mountain in Panama, the volcano Baru, and great investment. There is a 5-hectare residential development already on the property, so the land has access to cable, telephone, hi- speed Internet, water and electricity. Front road access: 300 meter from Interamericana Highway The property is titled and you can have the option to buy 20, 40, 80 and up to 140 hectares of land. It is 90% flat and the rest are rolling hills. The property can be developed in phases for residential or commercial areas such as hotel, park, trails, shops, etc. If you are a developer, this property will give you and your customers not only the advantage and convenience of being close to the city of David (where all the services are such as supermarkets, hospitals, cinemas, malls, etc), but also, it will give them the tranquility of "country living" or living in the "suburbs" of David. Far enough from the city to enjoy peacefulness, but close enough to get things done quickly. In addition, the property is only 10 minutes away from the ocean (and a marina that is being built) and 30 minutes from Boquete and 60 minutes Boca Chica. Also, it is abut 2 hours from Bocas del Toro. The property has access to the Chiriqui river and beautiful trees dot the property. If you just want to buy and hold it as an investment, you will see you money grow in a few years as property that is around the city of David is rapidly increasing in price. (most properties around David are $8 to $15/m2). You can lease the land for agriculture or other activities while you see the property grow in value. The prices range from $3.50 to $6 per m2 depending on how many Hectares you are willing to buy.

Chiriqui 140m²

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4.3 hectares on Interamerican Highway, opposite Plaza Terronal in David

$ 10,900,000

David 4.3m²

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REDUCED!!Large titled land with house and pool in Costa Esmeralda

$ 325,000

Price Reduced

Motivated Seller

Priced to Sell

Costa Esmeralda 2 1 17,148.44m²

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Private residence with option as boutique hotel

$ 1,900,000

Income Producing

This beautiful property used to be a top-end hotel and restaurant. It has given up business and is now being used and will be sold as a private residence. However, the option of turning it back into a hotel is available. The main house consists of a professional kitchen with deep fryer, grill, broiler in addition to the usual appliances a huge lounge / restaurant outside bar and restaurant with incredible view over the ocean and the islands the east wing with private quarters with an expansive master bedroom with a wide private terrace and a private fenced garden, walk-in closet and bathroom with jacuzzi plus a secondary bedroom with bathroom the west wing with two guest rooms with en-suite bathrooms and private terrace plus two employee rooms with a shared bathroom The casita has two bedrooms with private terraces and bathrooms,. Each room has its individual entrance. The property has any fruit trees, a 30 gallon well, underground electricity on the grounds with 600 Amps, a 15° ramp allowing continuous visual contact while reversing. The owner is renewing and extending the dock to 60 ft. A pool offers a refreshing dip and the property goes down to the ocean with the dock. The restaurant had all the necessary permits which have lapsed due to the owner's downsizing. All the documentation to title the property is available and the owner has written confirmation of the titling acceptance by the Government. The fishing is fabulous here and the guests regularly bring record fish back after a day out on the ocean. The available fishing grounds of the Gulf Of Chiriquí Hannibal Bank, Montuosa, Ladrones Formation and other World Record fishing grounds. Video by: John R Hampton, NotSereyus Productions

Boca Chica 6 5.5 11,500m²

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Building For Sale

$ 2,200,000

History & Location Casa del Baile is located in prime location in the touristic heart of Casco Viejo, within the World Heritage Site of UNESCO. Calle Boquete is a very small, almost hidden residential street between Calle 8 and 9. There are two houses, one either side of Casa del Baile: Magnolia-Inn is a beautifully renovated landmark corner building on one side. On the others side a bar and Rum distillery & museum, owned by Panama's president, which is currently under construction. Across the street from Casa Baile is a new beautiful boutique hotel is in its final construction stages. Several major attractions of Casco Viejo are within just steps of Casa Baile, these attractions include: Iglesia de la Merced, Plaza Herrera, Plaza de la Independencia, Hotels (American Trade Hotel, Tantalo Hotel etc), restaurants, museums, nightlife etc. Layout & Interior Distribution Currently there are 2 commercial spaces on the street level,and a total of 6 apartments. The approved plan includes: 2 commercial spaces in the street level,and 6 apartments. Commercial space 1 - 103.3m² Commercial space 2 - 80.2m² Apartment 1 - 92.9m² Apartment 2 - 116.9m² Apartment 3 - 117.5m² (23.4m²personal rooftop) Apartment 4 - 124.7m² (38.4m²personal rooftop) Apartment 5 - 81m² (46.7m²personal rooftop) Apartment 6 - 112.8m² (55.2m²personal rooftop)

Casco Viejo 328m²

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72 Hectare Gem, Ideal for Development just 9 km from Center of Penonome

$ 720,000

Stunning 72 Hectare property with excellent investment potential. The sellers are asking approximately approximately 1 USD per m2. This parcel of land would be ideal for a small residential project or large country home, as it is located less than 9 km from the center church plaza of Penonome. The farm for sale is located in a fertile valley and has beautiful mountain views in every direction. The property is composed of 72 hectares, all of which are duly titled. With an altitude of about 280 meters, this farm offers cool and constant breezes year round. Apart from a 4 hectare parcel surrounding the spring near the highest point of the property, the rest is cleared and planted with a variety of specialized grazing grasses. In the 4 hectare section that has not been purposely cleared, it is possible to find such wild life as deer, agouti, painted agouti and a very large variety of birds. The property has approximately 1.5 km of road frontage, borders with a river and has a creek and spring within the property boundary lines. The road to the property is a compacted gravel road with the exception of the last 3 km to the property, which is a simple gravel road. The trip to the farm for sale from the center church square of Penonome, although short, is very scenic.

Penonome 72m²

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1/2 acre, titled, beach-front lot for sale in Punta Chame

$ 240,000

Punta Chame 2000m²

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