Major development property, over 12 acres, at the entrance to Boquete, Panama. (MD3402225)
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This property is free and clear without liens or encumbrances and held by the same area pioneering family for over a hundred years. The property is located in the southern portion of downtown Boquete directly on the main road, Central Avenue, coming from David. This avenue is the extension of the four-lane highway from the provincial capital of David. Boquete is (and has been for a number of years) considered one of the top retirement destinations in the world. The Boquete/David Highway (in Boquete called Central Avenue) divides the property into two lots. The Domingo Médica Park, the central park of Boquete, is located one kilometre away in the town centre. You can buy one or both! Lot A with 5869.69 m2 is located to the left of the highway and the larger Lot B with 4 hectares + 1986.46 m2 is on the right side of the highway. Both are titled. Lot A has frontage on Central Avenue with 118.89 linear meters. Lot B has 187.64 linear meters on Central Avenue within thirty metres of the bus terminal, In the area is the best that Boquete has to offer. Restaurants, hostels, shopping and government services. There are stands of trees of different types. The terrain is level with the ground being very furtile volcanic black colored earth. The lots’ appraisal value of $12,551,000. was taken from a government sanctioned inspection done on May 29, 2009 and the property is offered for an incredible discount from that appraisal for a quick sale. Boquete is in need of a number of services to support the growing populace of affluent residents, both Panamanians and ex-pats. Several possibilities are very evident as research will prove out. “Health or Medical Tourism” is a growing nitch of huge proportion in Panama. Such an enterprize will thrive as the commercial potential of this property straddling the main road close to downtown Boquete is enormous. Why? The major hospitals in Panama that cater to this nitch are doing a thriving business but mostly they are located in Panama City, a large, growing city with all the shortfalls to the “tourism” aspect that a “city” has. It`s unique and beautiful but it`s also HOT! Boquete, home to several thousands of full time resident Ex-Pats has some of the coolest weather in Panama due to its altitude. Spring like most of the time. This gives tourists the opportunity to get out of doors for a number of activities and, being the highest ratio of foreigners to Panamanians, English is widely spoken. Many other businesses would be a fit here and with its large size, several different developments could be put in. Check this one out and compare! Lot A (5,869.69 m2) is being offered for $290/m2 or $1,702,210.10 Lot B (41,986.46 m2) is being offered for $150/m2 or $6,297,969.00
This property is located in: Ciudad de David, DAV, David, Dehvid (Chiriqui, Panama).
For more details about this listing please click here to access the webpage provided by listing owner.
Neighborhood
Tourism 5 landmarks in the vicinity
Food and Drinks 3 landmarks in the vicinity
Transportation 3 landmarks in the vicinity
Religious 2 landmarks in the vicinity
Shops and Stores 2 landmarks in the vicinity
Natural Landmarks 1 landmarks in the vicinity
Learning 1 landmarks in the vicinity
Leisure 1 landmarks in the vicinity
Tourism
Shops and Stores
Food and Drinks
Transportation
Natural Landmarks
Leisure
Learning
Religious
Hostel
Hotel
Viewpoint
Other
Shop
Cafe
Restaurant
Car Rental
Fuel
Other
Sports Centre
Library
Church
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FILTERS
Tourism
The Haven Hotel ~ 0,444 km
Mirador de Alto Boqu... Viewpoint ~ 0,543 km
Stone Cabins Boquete... Hotel ~ 0,638 km
Hostal Bora Bora Hostel ~ 0,822 km
Hotel Fundadores Hotel ~ 0,947 km
Food and Drinks
Kotowa Coffee House Cafe ~ 0,649 km
Pizzería y Ristoran... Restaurant ~ 0,654 km
La Casona Mexicana Restaurant ~ 0,690 km
Transportation
- Fuel ~ 0,462 km
Boquete Visitor Cent... Car Rental ~ 0,750 km
Hilary Rent-A-Car Car Rental ~ 0,769 km
Religious
Boquete Bible Fellow... Church ~ 0,869 km
Iglesia Cristiana Cu... Church ~ 0,930 km
Shops and Stores
Licoreria Tomy Other ~ 0,453 km
Lavamatico Super Cle... Shop ~ 0,888 km
Natural Landmarks
- Other ~ 0,259 km
Learning
Biblioteca de Boquet... Library ~ 0,812 km
Leisure
Gimnasio El Cacho Sports Centre ~ 0,487 km
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Banner Panama Realty (Real Estate Agent) from Panama
About Banner Panama Realty
Licensed and bonded full service real estate agency, with over 300 listings and 8 years experience, here in Chiriqui Province; Panama. We specialize in luxury homes and unique Commercial properties.