350 acres (140 hec) with over 7 km of Ocean Frontage for Sale

Open to Offers
Priced to Sell
  Save       Print

Property Details

Property ID
1765
Status
For Sale
Location
Boca Chica
Property Type
Land/Farm
Sale Price
$ 5,300,000
Price per m2
$ 3
Total Area
140 ha
Title Status
Right of Possession
Date Published
Oct 26, 2020
Times Viewed
48

Property Description

350 acres on a private island with over 4 miles of ocean frontage. 

This parcel is being sold on Boca Chica Island, located in Boca Chica, Panama just outside David.

An unspoiled paradise divided into only a few parcels, making it an incredibly private getaway. The master parcel which includes 90% of the coastline and land is now for sale. The land included is the best land on the island with a high point of 300ft above sea level and endless possibilities for planning living space on the water or with ocean view. Trails connect the beach and other areas through a magical old growth rain forest.  Due to the ridge running down the center of the island views are possible east and west over the surrounding bay towards tallest peak in Panama or out over the ocean making potential home sites breathtaking. 

The island is positioned between 4 different ports which makes it just 10 minutes away from the mainland at a port that joins a recently-built major road, and just 30 minutes away from the city of David.

It has huge investment potential as either a wellness retreat center or a private compound that you will never want to cash in on. 

Covered in virgin rain forest the ancient jungle conveys the power and wisdom of nature that has become so rare this day in age. 

Several dock sites, multiple building areas, Ocean view and ocean frontage, and located in a bay that makes getting there and leaving quick and safe. 

Water is provided by a shared well. 



Some of the Investment Highlights are:

  • Over 4 miles of ocean frontage
  • Varying Topography: Over 95% of the island is ocean front or Ocean view
  • Usable topography: Over 95% of the property is suitable for construction
  • Unique Views: Home sites will have 180-360 degree ocean views punctuated by islands, mangroves, a waterfall, and mountains.
  • Protected: The island is protected from open ocean swell and would be ideal for a Private marina.
  • Entire Island: The owner controls the access and plan
  • Value: At $6.00/m, the island is very competitively priced
  • Security: This island comes with documentation that proves ownership, and is registered with ANAM
  • Centrally Located: Only minutes from an international airport, 3 marinas, & the aqua paradise of the Gulf of Chiriqui marine park.
  • Multiple Exit Strategies: Many long or short term plans are available to return investment.
  • Known quantity: A significant amount of due diligence is available like chain of ownership, certifications, permits,  that remove so much guesswork.
  • Low Maintenance: Inexpensive to manage from a distance.

Property Features

  • Ocean View
  • Beachfront
  • Mountain View
  • Ocean Waterfront

Contact


Related Properties