This is a once in a lifetime opportunity to acquire an amazingly beautiful home located in Santa Fe Heights (Altos de Santa Fe - which is the prime location for mountain homes in the Province of Veraguas) for a bargain price - firesale at only $175,000, well below appraised value!
This house is absolutely amazing, with 450 m2 (4500 square feet) of built area, including 5 comfortable bedrooms (2 bathrooms) with high ceilings, living / dining area, spacious kitchen, lots of open space, lounge area, nice open terrace, fantastic natural lighting, and incredible views of the beautiful surrounding mountains. The land is titled, with an area of 4186 m2 (approximately 45,000 square feet - or just over 1 acre)
The home has full utilities, power & water (with a reserve water tank), plus its own sewage system (septic tanks), and paved road access. It is super well built with block / concrete, rock, hard woods, with a solid structure & foundation.
At an elevation of about 500 meters (about 1500 feet), this property enjoys cool weather year around at an average temperature of 62-65 degrees Fahrenheit at night, and between 75-85 degrees Fahrenheit during the day time, so this home has no need for air conditioning, providing a great savings in electricity costs.
About Santa Fe:
Santa Fe is a quaint little mountain town of just over 3000 people, with lots of character and history having been founded around the year 1560. It is located in the highlands of Veraguas, a natural and ecological paradise, home to the Santa Fe National Park that surrounds the village on 3 sides with over 72,000 hectares of protected park area, containing a wide variety of animals, trees and beautiful plants. With an abundance of over 300 species of orchids, rare flora and fauna, and natural fruit trees, Santa Fe is a birding sanctuary with over 300 bird species, with loads of abundant wildlife.
The Santa Maria River springs from the Santa Fe National Park, which is a great attraction with dozens of spectacular waterfalls. The Santa Fe rainforest is ideal for hiking and bird watching. This beautiful mountain region has more than 50 waterfalls to explore, swim, and connect with nature. In Santa Fe you can enjoy activities such as hiking, rappelling, mountain biking, and river rafting, among other exciting tours, sports and activities.
Santa Fe has 2 seasons - wet and dry. The wet season starts in May and ends in November. The dry season starts in December and ends in April.
Located in the center of the Province of Veraguas, Santa Fe is a short 1 hour drive to the Caribbean coast of Panama, where you can enjoy the crystalline waters of the Caribbean ocean, snorkel or scuba dive the beautiful reefs, surf the waves, or just enjoy the beautiful white sand beaches.
Santa Fe is conveniently located less than an hour drive to the City of Santiago, a major hub with all the shopping conveniences of a modern city, here you can find major shopping malls, Price Mart for bulk shopping needs, auto dealers, all the major banks, domestic airport, hospitals, and government institutions including the Public Registry, Court Houses, Public Notary offices, Ministry of Health, etc.
Unlike other mountain towns like Boquete or El Valle de Anton, Santa Fe is still a humble mountain community that has not yet been really discovered by the masses. The majority of the homes built in Santa Fe are still owned by upper end Panamanian families from Santiago, who enjoy their mountain homes on the weekends. However, more and more expats are discovering the beauty of Santa Fe, and making it their home. Today Santa Fe has become a growing tourist destination, with several small hotels, hostels, and B&B's, a few tour operators, and a few restaurants. Santa Fe has tremendous potential to grow into a major mountain destination, and prices in the area are expected to increase in the near future.