18 hectares titled land in Dos Rios Abajo, Dolega

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Property Details

Property ID
4385
Status
For Sale
Location
David
Property Type
Land/Farm
Sale Price
$ 450,000
Total Area
18 ha
Title Status
Property Title
Date Published
Feb 26, 2014
Times Viewed
2,048

Property Description

18 hectares of titled land with roads on 3 sides, located at 3 kilometers form downtown Dos Rios Abajo. Dos Rios Abajo is a quiet little town where the majority of the population works in agriculture and cattle raising.

This property is 95 % usable as it is only slightly rolling in places. This feature makes developing this property very attractive. The neighboring properties are all gently rolling farmland.

From the property you can see the volcano Barú, the highest mountain in Panama, and the Meseta de Chorcha, as well as the mountains of the Talamanca Range.

Access from David is an easy 15-minute drive on the new highway from David to Boquete. Boquete is 20 minutes away on this road and the Pacific beaches can be reached in an hour.

The close vicinity to David and the gentle topography make this property ideal for a residential development. David is growing fast and currently there are more than 20 residential developments under way. This particular property would lend itself perfectly for development of middle-price-range homes, as there is a great demand, but practically no supply of homes in the $99K- $199K price range.

We have planned a residential development of 108 homes on lots of 1000 square meter which would leave over 7 hectares for green zones and infrastructure.

Included in the sale are an approved masterplan plus permits for a 108 home subdivision. The masterplan will be designed by the architects Cetsa s.a, masterminds behind the beautiful well-known residential subdivisions of Los Molinos near Boquete.

The farm is titled and surveyed and has no liens. 

Electricity is 2 kilometers away and can be brought to the property together with Union Fenosa, the local energy company.

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