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

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Property Details

Property ID
8423
Status
For Sale
Location
Chiriqui
Property Type
Commercial Lot
Sale Price
$ 600,000 - $ 5,200,000
Price per m2
$ 5
Total Area
140 ha
Title Status
Property Title
Date Published
May 6, 2018
Updated
May 9, 2018
Times Viewed
803

Property Description

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.

Property Features

  • Mountain View

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