TITLED MOUNTAIN PROPERTY
WITH OCEAN VIEWS
BOQUETE, PANAMA
Invest in the path of a growing residential market in Panama for less than $1 per m2 or 9 cents per sq. ft.!
This huge piece of land is located in the mountains near Boquete and can be purchased for less than $1 per m2 making it the least expensive property in the area. The property next door recently sold for $3.75 per m2. It consists of 509 hectares or approximately 1250 acres in several large tracts and is fully titled. One parcel of 113 hectares is in coffee and the balance is in cattle and forestlands. There are numerous streams providing a constant supply of good water and canyon frontage on a major river with a huge waterfall. The property has spectacular views of the surrounding mountains and of the Pacific Ocean. Invest in this today and operate a profitable cattle ranch with the exit strategy of a residential community in the future. We can run it for you.
Located in the western Highlands of Panama, Boquete is tucked away on the eastern slopes of the Volcan Barú an 11,400-foot dormant volcano with exquisite vistas. This small and charming mountain village is known to produce some of the richest coffees in the entire world and quickly becoming a destination for those seeking the enchanting weather. It’s eternal spring weather, jagged peaks, rivers and waterfalls in close proximity to excellent shopping and healthcare has made this a perfect place to live. Here in the mountains, it is cool and within an hour you can be on the Pacific Coast headed out to tropical islands, beaches, whale watching, diving and some of the best deep sea fishing in the world. Boquete is one of the few places in the world where you can do this and be home in time for a dinner out on town. Low costs of healthcare, housing and just about everything else makes this an attractive alternative retirement location and it will be even greater in the future as the baby boomers overwhelm the infrastructure in the US and Europe. Boquete has been written up in newspapers around the world as one of the top places in the world to retire, already home to a number of retired expats from all over the world who have come to live and in many cases, spend the rest of their lives.
A separate and adjacent tract of 113 Hectares or 280 acres has a coffee plantation featuring shade grown coffee, some of which is planted in primary old growth forest and can be purchased separately for $1,500,000. Adjacent to the property is a large development known as Las Huacas. It has a common use road to the subject property. The developer pledges to keep it environmentally natural and create a paradise free from stress, pollution, and contamination. You can see for miles in every direction. It is sitting atop a 3900 ft. peak with a 360-degree view amid the cool quiet natural surroundings, bordered by rivers on two sides, a view of the Pacific Ocean, and Volcan Baru. The property consists of several large tracts, two that have sold for almost $4 per square meter. One is a resale at $7 per square meter.
This property offers an investor an excellent land bank opportunity and is one of the best values in Panama!
Motivation: The owner is expanding a cattle operation, wants to buy land in a remote area that has come up for sale and needs to raise cash for the land acquisition and improvements. This opportunity will not last very long, so I need a cash buyer NOW!
Boquete is a short half hour ride from the International Airport in the City of David where flights come in from San Jose, Costa Rica and Panama City both of which are less than an hour's flight away.